Analysts Reaffirm Nvidia (NVDA) as a Top Pick Amid Blackwell Ramp and AI Investment Boom

We recently published a list of 10 Buzzing AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against other buzzing AI stocks on latest news and ratings.

On June 4^th, Wedbush reiterated NVIDIA Corporation (NASDAQ:NVDA) as “Outperform.” The firm believes Nvidia is a top idea for the “industrial revolution.”

“We view Nvidia’s intermediate term growth profile as likely to parallel broader favorable consumption/investment trends in these industries, bolstered by ramping Blackwell projects and large private and sovereign AI investments.”

In other news, Jefferies has added six new names to its list of “highest-conviction, Buy-rated” stocks, and NVIDIA Corporation didn’t fail to make it on the list.

Owing to its Blackwell Ultra chips and strength in networking, the firm sees upside to the company’s full-year 2025 guidance.

It was especially impressed with the company’s quarterly results, particularly its revenue projection that was largely in-line with analysts expected despite the impact from U.S. export curbs.

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $175 implies a 23% upside, however, the Street-high target of $235 implies an upside of 66%.

NVIDIA specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.

Overall, NVDA ranks 1st on our list of buzzing AI stocks on latest news and ratings. While we acknowledge the potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.