As Nvidia Corp. (NASDAQ: NVDA) stock price rallied over 17% between July 29, 2026, and August 12, more Wall Street analysts expect the company’s share to hit a new all-time high (ATH) over the next 12 months.
On August 12, James Schneider, an expert at Goldman Sachs Group Inc. (NYSE: GS), reiterated a ‘Buy’ rating for Nvidia stock. Schneider also maintained the bank’s 12-month price target for NVDA at $285, suggesting a potential 27.66% upside.
Ahead of Nvidia’s quarterly earnings report on August 26, 2026, the firm expects investors to focus on the details of the company’s recently announced $500 billion financing platform with its partners. Additionally, Schneider said that investors should be interested in the shape of the Rubin product ramp in the second half, future gross margin trends, and potential upside from agentic AI to central processing units (CPUs).
Wall Street signals bullish sentiment for Nvidia stock
Earlier on Wednesday, Christopher Rolland, an analyst at Susquehanna, reaffirmed a ‘Buy’ rating for Nvidia. He maintained the firm’s 12-month price target for this company at $275, signaling a possible 23.05% uptick.
As such, 37 analysts surveyed by TipRanks have set an average price target for NVDA at $309.94, which represents a likely 38.92% growth trajectory. Worth noting that the highest 12-month price target for NVDA share price is $500, while the lowest is $250.
NVDA share price outlook
Over the past six months, NVDA stock price has surged more than 20%, currently retesting a strong supply level at approximately $223.25. As a result, the company had a market capitalization of $5.3 trillion.
If Nvidia’s stock price continues its established macro uptrend, these analysts’ targets of a new ATH in the next 12 months could be realized.
Featured image via Shutterstock
