From Coinpedia · By Steve Muchoki
Even though Nvidia Corp. (NASDAQ: NVDA) stock has capitulated by more than 27% over the past six consecutive weeks, Wall Street analysts are optimistic of a potential bull rally to a new all-time high (ATH) over the next 12 months.
Advertisement As of November 11, 2026, 35 Wall Street analysts surveyed by TipRanks over the past 3 months have set an average price target for Nvidia stock at $317.83.
Source: TipRanks
With NVDA trading at $175.87 at the time of reporting, these analysts signal a possible 80.72% upside over the next 12 months. These Wall Street analysts have issued an average ‘Strong Buy’ rating for Nvidia stock.
Earlier on Wednesday, Atif Malik, an expert at Citigroup Inc. (NYSE: C) reiterated a ‘Buy’ rating for NVDA. He, however, lowered his 12-month price target for Nvidia to $285 from $315.
Tristan Gerra, a Wall Street analyst at Robert Baird, downgraded NVDA stock to ‘Hold’. Additionally, Gerra lowered his 12-month price target for the company to $200 from $500.
Source: TipRanks
Meanwhile, Joseph Moore, an analyst at Morgan Stanley (NYSE: MS) reaffirmed a ‘Buy’ rating for NVDA and set a 12-month price target at $300.
Is Nvidia a Good Stock to Buy?
Despite Nvidia stock facing bearish sentiment catalyzed by the broader United States and China trade tensions, Wall Street analysts are expecting a possible bull run to a new ATH over the next 12 months.
Source: TradingView
Furthermore, NVDA stock has retested a major 52-week support level at about $165 following the recent selloff. At the time of publication, the company had a market capitalization of roughly $4.07 trillion.
Although the company is facing potential regulatory scrutiny over third-party supply-chain bypasses, Wall Street analysts are signaling another bull market fueled by the mainstream demand for artificial intelligence (AI).
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