Will the surging Nvidia share price double in 2026?

Will the surging Nvidia share price double in 2026?

By Royston Wild
Publication Date: 2025-12-27 07:02:00

Despite fears of a tech sector bubble, Nvidia‘s (NASDAQ:NVDA) share price has made further spectacular gains in 2025.

At $183.50 per share, the chipmaker’s price has risen 33% since 1 January. That’s a pretty tasty return, and if broker projections are accurate, Nvidia shares are set to accelerate next year.

Of the 64 brokers that analyse the company, one particularly bullish individual expects prices to leap to $253 per share by next Christmas. That represents a whopping 95% premium to today’s levels.

Yet analysts forecasts can often miss their target. So what can we realistically expect from this high-flying AI stock in 2026?

Market leader

Despite talk of a bubble, Nvidia’s so far showing no signs of weakness. In fact, sales of its graphic processing units (GPUs) — high-power chips essential for AI calculations — continue to trump expectations.

This reflects more than the company’s enormous market opportunity. Nvidia’s best-in-class chips are putting it in pole position to grow earnings, as another sales and profits beat in Q3 showed.

A $500bn order backlog for Blackwell and its other AI products highlights the scale of data centre demand. With expertise in software, networking, and infrastructure, too, it’s no surprise the firm’s a leader in the exploding server market.

The good news is that Nvidia isn’t just about AI either. It also has substantial growth opportunities in areas like gaming, robotics,…