Nvidia Stock Rocketing to $200? Top Analyst Doubles Down on Bullish Bet

Wall Street''s favorite AI darling just got a turbocharged price target.

Nvidia''s relentless chip dominance has one analyst predicting a moonshot to $200—proving once again that in tech, the house always wins. Here''s why the smart money keeps piling in.

The AI gold rush shows no signs of slowing. As data centers scramble for GPU firepower, Nvidia''s stranglehold on the market grows tighter by the quarter. Short sellers? Obliterated. Bears? Still licking their wounds from last year''s 300% rally.

But can the stock really add another 25% from current levels? The analyst cites three explosive drivers: data center demand, sovereign AI investments, and that sweet, sweet margin expansion. Meanwhile, retail traders are left playing catch-up—as usual.

One cynical footnote: When the Street''s most accurate prognosticator speaks, hedge funds listen. The rest of us just get to watch the fireworks.

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Here’s Why Barclays Is More Bullish on Nvidia

Barclays’ new price target implies a potential upside of 39% from current levels, which is significantly higher than the Wall Street average of almost 20%. The price target increase is largely based on strong supply chain demand, which suggests strong performance in the second half of the year.

Interestingly, after reviewing Nvidia’s supply chain following its Q1 earnings, Barclays spotted around $2 billion in potential upside for July compared to Wall Street expectations. As a result, the firm raised its full-year Compute revenue forecast to $37 billion, up from $35.6 billion. For context, compute revenue forecast estimates how much a company expects to earn from its computing products or services over a time period.

Barclays also noted that Nvidia’s new Blackwell chips hit 30,000 wafers per month in June, which is below its earlier estimate of 40,000. However, the firm noted that factory usage remains strong, and the overall tone of the supply chain is optimistic for the second half of the year. That gives Barclays more confidence in Nvidia’s performance for October.

Furthermore, analysts at Barclays highlighted that system sales are gaining momentum and are expected to make up around 25% of revenue in July and around 50% by October.

What Is the 12-month Price Target for Nvidia?

According to TipRanks, NVDA stock has a Strong Buy consensus rating based on 35 Buys, four Holds, and one Sell assigned in the last three months. At $172.36, the Nvidia share price target implies a 19.7% upside potential.