Mizuho Raises PT on NVIDIA (NVDA) Stock

NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Fundamental Stocks to Buy According to Analysts. On January 9, Mizuho analyst Vijay Rakesh lifted the price objective on NVIDIA Corporation (NASDAQ:NVDA)’s stock to $275 from $245, while keeping an “Outperform” rating, as reported by The Fly. Notably, the firm adjusted targets in the broader semiconductors and semiconductor capital equipment group with respect to its 2026 outlook.

The firm is expecting continued upside for the group in 2026 because of attractive valuations, but more modest compared to 2025. Furthermore, the analyst’s top sectors in 2026 include AI accelerators and wafer fab equipment, Optical, and memory. However, the firm is cautious on electric vehicles, autos as well as analog and computers, and handsets.

In a different update, on January 6, Harlan Sur from J.P. Morgan maintained a “Buy” rating on NVIDIA Corporation (NASDAQ:NVDA)’s stock, with the analyst noting the company’s demand growth and expansion of growth drivers. As per the analyst, the current demand for NVIDIA Corporation (NASDAQ:NVDA)’s products surpasses CY 2027.

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. This article is originally published at Insider Monkey.