Popular analyst sets bold 2026 price target on Nvidia stock

Core Insights - Nvidia has transitioned from a gaming graphics-card company to a critical player in the AI sector, significantly increasing its market cap from $81 billion in late 2021 to over $4 trillion by 2025, representing a 50x increase [2][3] - A $10,000 investment in Nvidia three years ago could now be worth approximately $123,000, reflecting a remarkable 1,132% gain, with the stock delivering around 40% gains over the past year [3] - Analyst Dan Ives projects a base-case price target of $250 for Nvidia by the end of 2026, indicating a potential 33% increase from its current price of $187.67 [4] Company Analysis - Nvidia's stock has gained significant attention following bold price targets set by analysts, particularly Dan Ives, who is recognized for his insights in the technology sector [5] - Ives has established a strong reputation for identifying tech cycles early, including trends in cloud computing, electric vehicles, and the current AI-driven market boom [6] - His investment strategy focuses on secular growth and major platform shifts, with a notable success rate of 56% across 500 ratings, yielding an average return of about 16% per call [8]