NVIDIA Corporation (NASDAQ:NVDA) is one of the Trending AI Stocks on Wall Street’s Radar. On October 21, Mizuho reiterated its rating for the stock as “Outperform,” stating that it’s sticking with the tech giant.
“We see NVDA remaining the leader in the AI training and inference chips for Data Center applications (we estimate > 95% share today), which we believe is growing at ~60% CAGR to > $500B by 2028E.”
Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $215 implies a 20.47% upside; however, the Street-high target of $389 implies an upside of 118.37%.
NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.