Baird Reiterates Outperform on Nvidia (NVDA) With $275 Target, Citing AI Ecosystem Strength

NVIDIA Corporation (NASDAQ:NVDA) is one of the Must-Watch AI Stocks on Wall Street. On January 12, Baird analyst Tristan Gerra reiterated an Outperform rating on the stock with a $275.00 price target. Firm analysts believe Nvidia’s AI platform dominance remains underappreciated.

Analyst Tristan Gerra noted how Nvidia has been building world AI ecosystems. The complexity of AI tools and ecosystems strengthens the chip giant’s customer adoption, creating a "tremendous barrier of entry which is under appreciated by investors."

Even as inferencing grows substantially beginning in 2028, the firm noted how industry perspectives suggest will maintain its market leadership. Nvidia’s platforms are being used by millions of developers, even today.

“There are views in the industry that Nvidia will retain a far-leading market share in AI even as inferencing becomes much larger starting in 2028. Today, the world is building on Nvidia’s platforms, used by seven million developers. This research note includes the details and implications of Nvidia’s CES address/Q&A along industry checks. Outperform-rated.”

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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