TLDR
- Nvidia receives $240 price target from Jefferies following $500 billion order book disclosure
- Loop Capital analyst sets $350 price target, highest on Wall Street with 69% upside potential
- Analysts project $293 billion revenue for 2026 and $384 billion for 2027
- Amazon Web Services provides OpenAI access to hundreds of thousands of Nvidia GPUs
- Microsoft gains U.S. approval to ship 60,400 Nvidia chips to UAE for AI expansion
Nvidia stock advanced 2.17% to $206.88 Monday as analysts lifted price targets following strong order visibility announcements. The chipmaker disclosed $500 billion in orders spanning 2025 and 2026.
Jefferies upgraded its price target to $240 from $220 while keeping a Buy rating. The move follows company statements at GTC DC about order commitments.
The $500 billion figure covers Nvidia’s Blackwell and Rubin processor families. Jefferies estimates these product lines could generate $464 billion in revenue across both years.
That analysis suggests $36 billion in potential upside if Nvidia meets the higher projections. The firm removed China from its calculations and added CPX to updated models.
Jefferies now forecasts $293 billion in revenue for 2026 and $384 billion for 2027. Those figures represent increases from prior estimates of $283 billion and $334 billion.
The analyst firm projects $9.00 in earnings per share for calendar year 2027. Detailed modeling indicates EPS could surpass $10 that year.
Record-Breaking Price Target
Loop Capital made the most bullish call on Wall Street. Analyst Ananda Baruah increased his target from $250 to $350.
The new target implies 69% gains from Monday’s closing price. Baruah points to what he calls a “Golden Wave” of AI adoption driving growth.
He believes generative AI expansion could accelerate beyond current forecasts. The five-star rated analyst sees Nvidia at the center of this shift.
Nvidia trades just 0.97% below its 52-week high of $212.19. The stock has climbed nearly 54% year-to-date.
Cloud Partnerships Drive GPU Demand
Amazon Web Services struck a $38 billion cloud computing deal with OpenAI. The agreement gives OpenAI access to hundreds of thousands of Nvidia GPUs.
Deployment of the full GPU allocation is expected by 2026. The deal shows how cloud giants are securing massive chip supplies for AI services.
IREN announced plans to use Nvidia GPUs at a Texas data center. Dell will provide the hardware while Microsoft operates the facility for AI applications.
Middle East Market Opens
Microsoft secured U.S. government clearance to export Nvidia chips to the United Arab Emirates. The license permits shipment of 60,400 A100 chips plus newer GB300 processors.
The hardware will support AI systems from OpenAI, Anthropic and additional providers. Microsoft plans $15.2 billion in UAE investments through 2030.
Investment plans include a $1.5 billion position in UAE AI company G42. Infrastructure spending will exceed $5.5 billion over the same period.
The export approval gives Nvidia access to growing Middle East AI markets. It removes a regulatory barrier for international expansion.
Nvidia holds a Strong Buy rating from 37 analysts with one Hold and one Sell. The average price target of $237.86 suggests 15% upside from current levels.
The company reports earnings in 15 days. Revenue grew 71.55% over the trailing twelve months with a P/E ratio of 59.19.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
