Nvidia (NASDAQ: NVDA) is scheduled to report its third-quarter earnings on November 19, and the stock market can’t help but speculate about the future of NVDA stock as we head into 2026, with the $250 mark remaining the key discussion point.
However, while the chipmaker’s year-over-year revenue has exceeded 50% for nine straight quarters, not all reports have led to share price hikes. In other words, short-term rallies are not guaranteed.
In the long run, on the other hand, some of the more bullish price targets not only seem probable but actually fall within more conservative prediction scenarios, at least according to OpenAI’s ChatGPT 5.
ChatGPT predicts Nvidia stock price
The artificial intelligence (AI) model noted that Nvidia continues to draw attention from investors as analysts speculate on its long-term potential, which is especially true now in a period marked by valuation concerns.
Citi, for instance, raised its Nvidia price target to $220 from $210 on November 10, maintaining a “Buy” rating, citing robust Q3 results and AI-driven growth. The new target implies a 13% upside from the current levels. Similarly, Wolfe Research forecasts roughly $300 billion in revenue from Blackwell and Rubin chips (some 20% above earlier projections) in 2026.
Looking even further ahead, ChatGPT believes such predictions are more than likely, as it thinks a more conservative case would see Nvidia shares trading in a $200–$300 range by the end of the decade, while a moderately bullish scenario would see it double that figure and land somewhere in the $500–$700 ballpark.
Should double-digit revenue growth, strong competitive advantage, and favorable macroeconomic conditions continue, ChatGPT further argued, NVDA stock could change hands at a price as high as $1,000 (or more) by 2030.
Nvidia stock performance
Nvidia shares climbed 1.37% to $195.77 in pre-market on Wednesday, November 12, after Taiwan-based Foxconn Technology Group signaled robust demand for AI hardware, bouncing back from the Tuesday drop following SoftBank’s sale of a $5.83 billion stake in the chipmaker.
Nvidia and Foxconn, known as Apple’s (NASDAQ: AAPL) primary iPhone manufacturer, are collaborating on several projects, with the latter increasingly focusing on AI infrastructure, particularly servers powered by the American partner’s chips.
While caution that the AI sector may be overvalued and stagnating are indeed present, deals with partners like Foxconn suggest the cycle remains robust. What’s more, other chipmakers have seen gains on Wednesday as well.
For instance, Advanced Micro Devices (NASDAQ: AMD) surged more than 5% following CEO Lisa Su’s projections that the data center market could reach $1 trillion by 2030.
Featured image via Shutterstock
