Wall Street analysts update Nvidia stock price

Published: Tuesday, March 17, 2026 at 2:02 pm

Nvidia Stock Receives Bullish Updates from Wall Street Analysts

Wall Street analysts are maintaining a positive outlook on Nvidia (NASDAQ: NVDA) following the company's GTC 2026 event. Several firms have reiterated their bullish ratings and raised price targets, fueled by Nvidia's optimistic projections for its Blackwell and Vera Rubin systems.

During the event, CEO Jensen Huang significantly increased the company's revenue forecast, predicting at least $1 trillion in orders for these systems through 2027. This represents a doubling of the previous $500 billion projection. This revised outlook has become a central point for the analysts' updated assessments.

As of press time, Nvidia shares were trading at $184, up nearly 0.5% for the day, although the stock has experienced a roughly 1% decrease on the weekly chart.

Morgan Stanley's Joseph Moore reiterated an Overweight rating with a $260 price target, citing Nvidia's leadership in cost-efficient AI inference and projecting approximately $1 trillion in revenue from Blackwell and Rubin products between 2025 and 2027. Bernstein's Stacy Rasgon maintained an Outperform rating and raised the price target to $300, highlighting advancements in the Vera Rubin platform and new rack-scale systems. Cantor Fitzgerald also reiterated an Overweight rating with a $300 price target, pointing to over $1 trillion in bookings for Blackwell and Rubin products through 2027. Truist Securities' William Stein maintained a Buy rating and a $283 price target, emphasizing inference, agentic AI, and physical AI as key demand drivers. BofA Securities analyst Vivek Arya reiterated a Buy rating with a $300 price target, emphasizing Nvidia's upgraded data center revenue outlook.

These firms cited Nvidia's strength in AI inference, the growing demand for AI infrastructure, and the company's strong product roadmap as key factors supporting their positive outlooks. The analysts also noted the shift towards real-world AI applications, including autonomous technologies and robotics, as a significant growth driver.

BNN's Perspective:

The consistent bullish sentiment from Wall Street analysts, driven by Nvidia's ambitious revenue projections and its strong position in the AI market, suggests a promising future for the company. While the stock's recent performance has been mixed, the long-term outlook appears positive, reflecting the growing importance of AI in various sectors. However, investors should remain cautious and consider the potential for market volatility.

Keywords: Nvidia, NVDA, stock, analysts, AI, Blackwell, Vera Rubin, GTC 2026, price target, revenue, inference, agentic AI, data center, autonomous technologies, robotics, Morgan Stanley, Bernstein, Cantor Fitzgerald, Truist Securities, BofA Securities

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