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Jefferies Raises Nvidia’s 2026 Price Target to $240 Amid AI Dominance

Jefferies Raises Nvidia’s 2026 Price Target to $240 Amid AI Dominance

Author:

Global Cryptocurrency

Published:

2026-01-06 12:12:01

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BTCCSquare news:

Global investment bank Jefferies has upgraded its Nvidia stock price forecast for 2026 to $240, up from $220, citing the GPU maker's entrenched position in the AI sector. Nvidia's technology underpins AI infrastructure across major tech firms, driving consistent cash flow and robust financials.

The revised target implies a 28% upside from current levels NEAR $188. Nvidia shares have delivered staggering 1,300% returns over five years as AI adoption accelerated. Jefferies' bullish outlook reflects expectations for continued AI industry expansion through 2026.

Nvidia's ecosystem dominance creates a virtuous cycle - its chips power AI advancements that in turn drive demand for more Nvidia products. This self-reinforcing dynamic makes NVDA a bellwether for AI's transformative impact across global markets.

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