By Harsh Chauhan
Publication Date: 2026-01-08 18:30:00
Nvidia’s (NVDA 2.48%) stock returns over the past year were healthy, but not phenomenal. Shares of the semiconductor giant only rose 27%, which can be considered an underperformance since the PHLX Semiconductor Sector index clocked bigger gains of 42.6% during this period.
The stock’s 12-month median price target stands at $250, which means that analysts expect an increase of 33% in Nvidia stock in the coming year. But can Nvidia exceed the consensus estimate and deliver stronger gains?
Let’s take a look at Nvidia’s catalysts for 2026 and try to find out where the stock may be trading by the end of the year.
Image source: Nvidia.
Nvidia stock has the potential to almost double, according to a Wall Street analyst
Equity research firm Evercore ISI said recently that it sees Nvidia stock at $352 by the end of 2026. That would be an increase of around 86% from the current stock price. Analyst Mark Lipacis raised his price target on the stock from the earlier level of $261, stating that Nvidia’s revenue growth could jump to 79% by the middle of 2026.
Today’s Change
(-2.48%) $-4.68
Current Price
$184.43
Key Data Points
Market Cap
$4.6T
Day’s Range
$183.71 – $189.53
52wk Range
$86.62 – $212.19
Volume
5M
Avg Vol
186M
Gross Margin
70.05%
Dividend Yield
0.02%
For comparison, Nvidia reported a 62% year-over-year increase in revenue in the third quarter of fiscal 2026 (which ended on Oct. 26). Even better, the company anticipates its revenue growth to accelerate to just over 65% in the current…