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Wedbush Forecasts Strong Price Appreciation for NVIDIA Stock
Research firm raises price target on NVIDIA shares to $300, citing growth potential.
Published on Mar. 3, 2026
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Wedbush, a research and investment firm, has raised its price target on NVIDIA (NASDAQ:NVDA) stock from $230 to $300, maintaining an "outperform" rating. The new target price represents a potential upside of 68.37% from the stock's current trading price. Wedbush cited NVIDIA's strong performance and growth prospects as the reasons behind the increased price target.
Why it matters
NVIDIA is a leading provider of graphics processing units (GPUs) and other accelerated computing hardware and software. The company's products are widely used in gaming, data centers, automotive, and other industries. Wedbush's bullish outlook on NVIDIA's stock suggests that the firm believes the company is well-positioned to capitalize on growing demand for its technologies, which could drive further stock price appreciation.
The details
In its research report, Wedbush noted that several other analysts have also recently issued positive reports on NVIDIA, with Sanford C. Bernstein and Citigroup also raising their price targets on the stock. The firm cited NVIDIA's strong performance in its latest quarterly earnings report, as well as the company's continued leadership in the GPU and accelerated computing markets, as reasons for its increased price target.
- Wedbush issued its research report and price target increase on Tuesday, March 3, 2026.
The players
NVIDIA
A global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies for gaming, data centers, automotive, and other industries.
Wedbush
A research and investment firm that provides equity research, investment banking, and asset management services.
The takeaway
Wedbush's bullish outlook on NVIDIA's stock suggests that the company's strong performance and growth prospects in the GPU and accelerated computing markets are expected to continue, potentially driving further stock price appreciation in the future.
