JPMorgan Chase Raises NVIDIA Price Target to $265

Analysts cite strong demand and hyperscaler capex as drivers for the chipmaker's stock price

Feb. 26, 2026 at 9:53pm

JPMorgan Chase & Co. has raised its price target for NVIDIA (NASDAQ:NVDA) stock from $250 to $265, maintaining an "overweight" rating. The investment bank cited robust demand for NVIDIA's products, particularly in the data center and hyperscaler markets, as reasons for the increased target price.

Why it matters

NVIDIA is a leading provider of graphics processing units (GPUs) and other accelerated computing solutions. As demand for AI, machine learning, and high-performance computing continues to grow, NVIDIA's products have become increasingly important across a range of industries. The positive forecast from JPMorgan Chase suggests Wall Street sees further upside potential in NVIDIA's stock price.

The details

In its report, JPMorgan Chase noted that NVIDIA posted record revenue and earnings in its most recent quarter, driven by strong demand from hyperscale cloud providers and other data center customers. The investment bank also pointed to NVIDIA's progress in obtaining approvals to ship some of its H200 chips to China, though the company has not yet recognized revenue from those sales.

  • On Thursday, JPMorgan Chase issued its updated report on NVIDIA.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company that provides a wide range of banking, investment, and financial products and services.

NVIDIA

An American technology company that designs graphics processing units (GPUs) for the gaming and professional markets, as well as system-on-chip (SoC) units for the mobile computing and automotive market.

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The takeaway

NVIDIA's strong performance and positive outlook from a major investment bank like JPMorgan Chase suggest the company's growth trajectory remains intact, driven by continued demand for its cutting-edge GPU and accelerated computing technologies across a range of industries.