Barclays Bullish on Nvidia: Price Target Skyrockets to $200 Amid AI Boom

Nvidia''s stock just got a turbocharged upgrade from Barclays—hitting a street-high $200 target as AI demand obliterates expectations.

The chipmaker''s relentless data center dominance and CUDA moat leave rivals scrambling. Meanwhile, Wall Street analysts pretend they saw this coming all along.

Funny how price targets always chase the rally.

Why Did Barclays Increase Nvidia’s Stock Price Target?

Analyst O’Malley cites Nvidia’s Blackwell chip production as a reason for the stock price revision. The new chipset production capacity reached 30,000 wafers per month in June. The figure is still less than the expected 40,000 units. Despite not hitting expectations, O’Malley highlights high utilization rates.

NVDA’s price saw a 1.92% increase at close. Pre-market rates, on the other hand, saw a 0.32% decline.

Nvidia’s Blackwell chips are designed for generative AI and high-performance computing. It is made to cater to heavy-data workloads around AI development, data science, and large language model (LLM) training. With the world’s newfound adoration for AI, the company’s Blackwell chips will likely make hefty returns for the company.

Nvidia (NVDA) has seen incredible growth over the last few years. Nvidia reported record revenue of $44.1 billion for its fiscal first quarter ending on Apr. 27, 2025. The figure represents a 69% increase year-over-year. The company’s stock price increased in tandem with the rise in AI use. GPUs such as the A100 and H100 are central players in the world of artificial intelligence. The world’s dependence on AI is likely to increase over the coming years. Nvidia has positioned itself at the heart of the AI movement.