Evercore ISI Raises PT on NVIDIA (NVDA) Stock

Core Insights - NVIDIA Corporation (NASDAQ:NVDA) is recognized as a leading investment opportunity in quantum computing stocks, with a price target increase from $261 to $352 by analyst Mark Lipacis at Evercore ISI, maintaining a "Buy" rating [1] - The company is on track to achieve or exceed its $500 billion target for data center compute orders by 2025 and 2026, with visibility into significant revenue from Blackwell and Rubin projects [2] - NVIDIA aims to capture a substantial share of the projected $3 trillion to $4 trillion annual AI infrastructure build-out by the end of the decade, driven by its full-stack design and product cadence [3] Financial Performance - In Q3 2026, NVIDIA's revenue from Compute grew 56% year-over-year to $43.02 billion, primarily due to the ramp-up of the GB 300, while Networking revenue more than doubled to $8.18 billion, supported by NVLink scale-up and strong growth in Spectrum X Ethernet and Quantum X InfiniBand [4]