Popular analyst sets bold 2026 price target on Nvidia stock

I retrieve covering Nvidia (NVDA) during the Covid pandemic years, erstwhile it was inactive a gaming graphics-card story.

For perspective, it closed retired successful November 2021, trading astir $32 split-adjusted, according to StatMuse, which is astir what you’d astir apt wage for a couple of McDonald’s runs.

Sure, it was inactive a coagulated tech stock, an $81 cardinal 1 astatine that, but acold from being the backbone of AI.

Then OpenAI released its present ubiquitous AI chatbot successful ChatGPT successful precocious 2022, CNBC reported, and everything conscionable snapped into focus.

Almost overnight, Nvidia stopped being a niche tech play and became a mission-critical portion of a caller epoch successful computing.

From 2024 to 2025, Nvidia surged past a $3 trillionmarket cap, according to S&P Global, and aboriginal implicit $4 trillion (worth 50x more than successful precocious 2021).

A $10,000 bet connected Nvidia astir 3 years agone could perchance beryllium worthy an eye-popping $123,000 contiguous (a staggering 1,132% gain).

Over the past year, Nvidia has delivered astir 40% gains to investors.

Since then, the communicative continues to expand, with Nvidia being a captious enabler of the AI arms race.

That backdrop helps explicate wherefore seasoned tech expert Dan Ives is inactive pounding the table. Ives is of the sentiment that Mr. Market is inactive underestimating however agelong and large this AI buildout volition be.

He present sets a head-spinning $250 base-case target for Nvidia by the end of 2026, which represents a 33% gain from its existent terms at $187.67 (at the clip of writing).

Ives is betting that the AI communicative immoderate investors deliberation they’ve missed is conscionable getting started.

Dan Ives is the managing manager and planetary caput of tech probe astatine Wedbush Securities, and he's 1 of Wall Street’s most-quoted analysts successful the exertion space.

What sets him isolated is that helium isn’t shy successful dishing retired large numbers connected large themes and past explaining his rationale successful plain English connected TV.

Ives has built a rock-solid estimation leaning into tech cycles early, including areas similar unreality computing, EVs, and today’s AI-powered banal marketplace boom.

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• Bank of America makes a astonishment telephone connected Nvidia-backed stock

His investing absorption is connected secular growth, catalyst-driven technology, and a crisp absorption connected large level shifts.

For perspective, connected TipRanks, Ives is rated arsenic a five-star analyst, boasting a 56% occurrence rate crossed an eyebrow-raising 500 ratings, backed by an average instrumentality of astir 16% per call.