Goldman Sachs sends blunt message on Nvidia stock after GTC

Despite each the bearish noise, Goldman Sachs isn’t backing down connected Nvidia (NVDA) banal yet.

After different stellar GTC showing, the slope reiterated its $250 terms people and maintained a buy rating, underscoring assurance successful the AI giant’s tremendous upside from existent levels.

It’s important to enactment that Goldman Sachs archetypal raised its Nvidia terms people to $250 backmost connected Nov. 20, 2025. Since then, it has reiterated that people successful aggregate notes, including 1 pursuing GTC.

At the clip of penning connected March 21, 2026, Nvidia banal was past trading astatine $172.70, per Yahoo Finance.

That said, Goldman Sachs analysts consciousness that CEO Jensen Huang’s keynote delivered precisely what the bulls needed to hear, successful clearer request visibility and a stronger lawsuit that AI spending isn’t slowing down.

Wedbush expert Dan Ives, who precocious praised the AI bellwether pursuing its archetypal time astatine GTC 2026, echoed that sentiment.

Ives said the institution is inactive "alone astatine the apical of the AI mountain," expanding its scope crossed everything from compute and networking to inference and robotics.

Ives besides highlighted Nvidia’s monolithic pb implicit competitors successful chips during a caller CNBC interview.

With greater clarity expected astir hyperscaler spending and almighty caller models built connected Blackwell, Goldman sees a acold steadier pipeline of catalysts that volition support momentum firmly connected Nvidia’s side.

• Rosenblatt Securities: $325

• Bank of America: $300

• Bernstein: $300

• Morgan Stanley: $260

• Benchmark: $250

• UBS: $245
  Sources: Yahoo Finance, Investing.com

Goldman Sachs analysts came distant from Nvidia’s high-profile GTC lawsuit with a presumption that did capable to enactment the stock’s earlier gains portion reinforcing its bullish semipermanent setup.

A batch of that has to bash with investors having much factual visibility into wherever maturation could travel from next.

More Nvidia:

• Nvidia banal gets large world cheque connected ‘$100B’ number

• Nvidia CEO delivers blunt 7-word rebuttal connected bundle stocks

• Bank of America resets Nvidia terms people aft earnings

Naturally, a large portion of that came from Nvidia’s monolithic $1 trillion gross disclosure successful information halfway income done 2027. That unsocial helps reply a large interest among AI investors, particularly those who judge that AI-led infrastructure spending mightiness crest this year.

Another immense portion of the league was Nvidia’s large propulsion into Groq’s LPX rack, a motion that the tech behemoth wants a overmuch sizeable relation successful the adjacent limb of AI demand.

• 12-month terms target: $250.00

• Nvidia banal terms successful the note: $183.22

• Implied upside: 36.4%

• Revenue forecast: $215.0 billion for 1/26, $393.6 billion for 1/27E, $521.5 billion for 1/28E, and $634.8 billion for 1/29E

• EPS forecast: 4.52 for 1/26, 8.97 for 1/27E, 12.29 for 1/28E, and 15.41 for 1/29E

• P/E ratio: 35.0x for 1/26, 20.4x for 1/27E, 14.9x for 1/28E, and 11.9x for 1/29E

• FCF yield, a currency travel instrumentality metric: 2.5% for 1/26, 4.1% for 1/27E, 6.5% for 1/28E, and 7.8% for 1/29E