Nvidia Stock Poised for 50% Upside as Bernstein Issues $272 Price Target
Nvidia shares closed at $180 on Thursday, marking a 1.37% gain and extending its year-to-date rally to over 30% in 2025. Bernstein's bullish $272 price target implies a potential 50% upside, backed by a 'Strong Buy' rating after the company addressed bearish concerns about working capital and revenue circularity.
November's 13% pullback, driven by AI valuation fears and Alphabet's competitive pressure, now appears countered by robust demand for Nvidia's Blackwell GPUs—reportedly sold out—and CEO Jensen Huang's ambitious $500 billion revenue target for 2026. Market sentiment recalibrates as institutional questions about accounts receivable and depreciation cycles find resolution.