2 AI Stocks to Buy Before They Soar 37% and 108%, According to Wall Street Analysts

Core Insights - The rapid adoption of artificial intelligence (AI) technology has significantly benefited AI stocks, with expectations of continued growth in the sector [1][2]. Industry Overview - The global AI market is projected to grow at an annual rate of 31% through 2033, potentially reaching nearly $3.5 trillion in revenue by the end of the forecast period [2]. Company Analysis: Nvidia - Nvidia has emerged as a leading player in the AI revolution, driven by strong demand for its chips that support AI workloads in data centers [4]. - Analysts have set a median 12-month price target of $250 for Nvidia, indicating a potential increase of 37% from current levels, with 91% of analysts rating it as a buy [5]. - Nvidia holds an impressive 81% market share in the AI chip sector, positioning it well to capitalize on significant investments in AI data centers, which are expected to see $700 billion in capital expenditures by 2026 [6]. - The company is estimated to have achieved a 57% increase in earnings for fiscal 2026, reaching $4.69 per share, with expectations for further growth in fiscal 2027 due to a robust order book and the upcoming launch of its Vera Rubin AI processors [8].