Wedbush Raises PT on NVIDIA Corporation (NVDA) Stock

NVIDIA Corporation (NASDAQ:NVDA) is among the 10 Unstoppable Stocks to Buy and Hold for the Next 3 Years.

NVIDIA Corporation (NASDAQ:NVDA) is one of the Unstoppable Stocks to Buy and Hold for the Next 3 Years. On February 26, Wedbush lifted the firm’s price objective on the company’s stock to $300 from $230 while keeping an “Outperform” rating, as reported by The Fly. This comes after the company’s quarterly results, with the firm noting the Q4 2026 acceleration in data center sales. However, it believes that Q1 2027 sales guidance was the main highlight.

In a separate release, RBC Capital lifted its price objective on NVIDIA Corporation (NASDAQ:NVDA)’s stock to $250 from $240, while keeping an “Outperform” rating. The analyst highlighted that NVIDIA Corporation (NASDAQ:NVDA)’s results and outlook beat expectations, with visibility extending into 2027.

Furthermore, the company’s Rubin ramps remain on track, while the gross margins continue to hold up. This is despite elevated memory prices.

For Q1 2027, NVIDIA Corporation (NASDAQ:NVDA) expects revenue of $78.0 billion (plus or minus 2%), with GAAP and non-GAAP gross margins anticipated to be 74.9% and 75.0%, respectively (plus or minus 50 bps).

NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units. Through its CUDA ecosystem, the company enables industries ranging from autonomous vehicles to scientific research by advancing AI, accelerated computing, and data center infrastructure.

We recently covered that Morgan Stanley maintained a Buy on NVIDIA Corporation (NVDA) stock, you can read that update here.

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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