Wall Street analysts have refreshed their outlook on Nvidia (NASDAQ: NVDA), reaffirming bullish ratings in the wake of the company’s GTC 2026 event.
Notably, during the event, one standout aspect was that CEO Jensen Huang raised Nvidia’s outlook dramatically, forecasting at least $1 trillion in orders for Blackwell and Vera Rubin systems through 2027, double the previous $500 billion projection.
Indeed, this outlook has formed the basis for the latest Wall Street analyst views.
As of press time, NVDA shares were trading at $184, up almost 0.5% on the day, while on the weekly chart, the stock has dropped about 1%.
Analysts update NVDA share price
Among the analysts, in a note on March 17, Morgan Stanley’s Joseph Moore reiterated an ‘Overweight’ rating with a $260 price target, citing Nvidia’s leadership in cost-efficient AI inference and projecting roughly $1 trillion in revenue from its Blackwell and Rubin products between 2025 and 2027. The firm estimates total data centre revenue could reach about $1.1 trillion, above consensus forecasts, and views the Groq integration as a strategic advantage.
On the same date, Bernstein’s Stacy Rasgon also maintained an ‘Outperform’ rating and raised the price target to $300 after Nvidia’s GTC conference, highlighting advancements across its Vera Rubin platform and new rack-scale systems. The firm emphasized Nvidia’s growing strength in inference, supported by improved performance and efficiency from its latest offerings, and noted that upcoming product launches and a solid roadmap should reinforce its dominance.
Meanwhile, Cantor Fitzgerald reiterated an ‘Overweight’ rating with a $300 price target, pointing to more than $1 trillion in bookings for Blackwell and Rubin products through 2027. The firm said accelerating demand, particularly in inference and agentic AI, supports stronger long-term earnings potential and keeps Nvidia positioned as a top pick despite initial expectations around bookings.
Truist Securities’ William Stein maintained a Buy rating and a $283 price target, highlighting inference, agentic AI, and physical AI as key demand drivers. The firm noted a shift away from training-driven demand toward real-world AI applications, alongside increased adoption of systems such as autonomous technologies and robotics. It added that the technology giant’s updated platform flexibility and rising revenue outlook reflect continued momentum and modest upside versus consensus expectations.
On the other hand, BofA Securities analyst Vivek Arya reiterated a Buy rating with a $300 price target, emphasizing Nvidia’s upgraded data center revenue outlook, driven by sustained demand for AI infrastructure and networking solutions.
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