Citi Boosts Nvidia Price Target to $300 & It’s Not The Only One: Wall Street’s $1 Trillion AI Bet

Major Wall Street institutions including Citi, Bank of America, and JPMorgan have issued a consensus $300 price target for Nvidia stock following CEO Jensen Huang's GTC 2026 keynote, representing over 60% upside from current $171-$182 levels. The bullish forecast centers on a previously unforeseen $1 trillion AI infrastructure demand, signaling a dramatic shift in institutional sentiment toward Nvidia's market potential through 2026.

Nvidia $300 Forecast, Price Target Trends & 2026 Outlook Explained

The $1 Trillion Number Behind the Nvidia Stock $300 Forecast

BofA analyst Vivek Arya reaffirmed his Nvidia stock price target at $300 after GTC 2026, with his note pointing to data center sales visibility of over $1 trillion for calendar years 2025 through 2027 — up from the $500 billion figure Nvidia itself disclosed back in October 2025. Citi echoed that view, noting the figure is already above the Street’s $950 billion estimate and also carries what the firm’s note described as “” in additional upside from categories not yet included. JPMorgan, also sitting at $300, reported that the doubled demand visibility implies somewhere between $50 billion and $70 billion in upside relative to Street consensus for 2026 and 2027 data center revenues.

Jefferies, separately, was also bullish on the Nvidia price forecast 2026, and lifted its target to $275. In a January report, Jefferies stated:

“Nvidia will remain the dominant supplier of acceleration solutions for data centers.”

Goldman Sachs, also weighed in on the Nvidia stock $300 forecast crowd and, sitting at a more measured $250 target, described the $1 trillion figure as something that:

“can help resolve investor concerns around peak CapEx in 2026.”

Wells Fargo, at $265, kept it brief. On Nvidia’s updated order visibility, the firm said:

“beats the bogey.”

What Could Still Hold Back the Nvidia Stock $300 Forecast

Execution on Q1 FY2027 guidance of $78 billion in revenue is also where the Nvidia stock $300 forecast could get tested. Nvidia issued that guidance without China data center revenue included — export restrictions remain a real variable, and a prior $4.5 billion H20 charge still stands as a fresh reminder of how fast the geopolitical situation can shift. The NVDA stock price has been under some pressure in 2026 as well, down around 7% year to date at the time of writing.

The Street-wide consensus sits around $269 right now, and most analysts carry Buy ratings — but the Nvidia stock $300 forecast puts Citi, BofA, and JPMorgan well above that average. The Nvidia stock price target debate at this point is less about direction and more about timing. How much will Nvidia stock go up from current levels depends on whether Blackwell and Rubin shipments continue to hold up, whether enterprise AI adoption broadens past hyperscalers, and whether Q1 delivers on that $78 billion number. The Nvidia stock $300 forecast, for now, rests on all three.