On Thursday, January 8, Nvidia (NASDAQ: NVDA) is seeing a modest uptick in pre-market trading, following reports that the company has introduced new upfront-payment and zero-cancellation policies for Chinese H200 customers.
At the same time, one market expert is revising his Nvidia stock price target, hoping Beijing sales will improve in the near future. Namely, Stifel analyst Ruben Roy has reaffirmed his “Buy” rating on Nvidia, with a $250 price target justified by a “more optimistic tone on China.”
Although Chinese authorities are still reviewing export licenses, the demand in the region remains robust. If approved, the note went, potential H200 sales to China could prove “materially additive” to the American company’s earnings.
However, Roy added that further clarity is needed on how a U.S. government fee tied to China sales would be reflected in Nvidia’s financials. As of now, the bank expects the impact to be recognized “below the revenue line.”
New Nvidia price targets
Yesterday, January 7, Citi also reiterated its “Buy” rating, with a $270 NVDA price target following the Consumer Electronics Show (CES). In his note, analyst Atif Malik said the discussions at the conference were positive, strengthening Citi’s confidence in the chipmaker’s short- and medium-term outlook.
Bank of America analyst Vivek Arya had a similarly bullish takeaway from CEO Jensen Huang’s CES keynote. Specifically, he rated Nvidia a “Buy” with a $275 price target, implying roughly 45% upside over the next year, largely thanks to the semiconductor leader’s Vera Rubin platform, slated for launch in the second half of 2026, and artificial intelligence (AI) scaling potential.
“We continue to highlight NVDA’s leadership across AI compute, networking, systems, and the broader ecosystem,” Arya said.
This week’s optimism is broadly shared across Wall Street, with just one “Hold” and one “Sell” against 39 “Buy” ratings overall over the past three months, as per TipRanks.
The average price target of $263.76 suggests nearly 40% upside in 2026 and makes Nvidia one of the best rated stocks this year.
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