Wall Street Remains Bullish on NVIDIA Corporation (NVDA)

Core Viewpoint - NVIDIA Corporation (NASDAQ:NVDA) is considered one of the best quality stocks to buy before 2026, with Wall Street remaining optimistic despite challenges in the AI chip sector and geopolitical uncertainties regarding exports to China [1]. Group 1: Analyst Ratings and Price Targets - Wall Street's 12-month average price target for NVIDIA represents more than 38% upside from the current level [2]. - Bernstein's analyst Stacy Rasgon maintained a Buy rating with a $275 price target, citing a bullish outlook following a meeting with NVIDIA's investor relations [3]. - Jefferies analyst Blayne Curtis also reiterated a Buy rating with a $250 price target [5]. Group 2: Company Outlook and Competitive Position - NVIDIA's $500 billion outlook released in October is expected to see further upside due to recent deals with companies like Anthropic and OpenAI, as well as collaborations in the Middle East [3]. - NVIDIA acknowledges that Google is ahead in the AI chip space due to its TPU program, but believes its programmable platform solutions are superior for cloud infrastructure [4]. - The new Nemotron 3 Nano is capable of delivering 4x higher throughput than its predecessor, enhancing performance for multi-agent systems [5].