Jefferies Skyrockets Nvidia Stock Price Target for 2026 (NVDA) - AI Engine Just Getting Started

Jefferies just slapped a massive new price target on Nvidia, betting the chipmaker's AI dominance has years of runway left.

The New Math for NVDA

Forget the old projections. The analysts have crunched the numbers again, and the outcome points to significantly higher ground by 2026. It's a vote of confidence in the long-term architecture of the AI boom—not just the current hype cycle.

Feeding the AI Beast

The upgrade hinges on one relentless trend: demand for advanced computing isn't peaking; it's accelerating. Data centers, next-gen software, and sovereign AI initiatives globally are creating a vacuum only Nvidia's hardware can fill. Supply is finally catching up to that hunger.

Beyond the Gaming Roots

While gamers built the foundation, enterprise and hyperscale clients are now building the skyscraper. The product mix is shifting, margins are expanding, and the competitive moat looks more like a canyon. Every tech giant's AI strategy currently has an NVDA-shaped dependency at its core.

The 2026 Horizon

This isn't a short-term trade call. The revised target frames a multi-year journey, baking in expectations for future Blackwell and Rubin platform adoption, software ecosystem growth, and a staggering total addressable market that keeps stretching. The thesis is simple: AI is the new electricity, and Nvidia builds the grid.

Of course, in finance, a price target is just a formalized guess that makes everyone feel better about their portfolio—until the next earnings report. But for now, the street's consensus is clear: bet against the AI arms dealer at your own peril.

Jefferies Nvidia 2026 Price Prediction: Bullish Thesis For NVDA

Investment bank Jefferies has raised its Nvidia price prediction for 2026, giving investors renewed Optimism about the stock’s prospects. Taking an entry position now in NVDA could be beneficial as the AI industry is set to grow further this year. The technology is ushering the modern world into a new era, unsettling the previous industry.

Jefferies predicts that Nvidia stock could reach a high of $240 in 2026. The investment giant had previously given a target of $220 and has now upgraded it to $240. NVDA is currently trading at the $188 range and is expected to surge by $52 in value. It has already risen more than 1,300% in the last five years.

Therefore, Nvidia stock could generate profits of up to 28% in 2026, according to Jefferies. An investment of $1,000 could turn into $1,280 this year if the forecast turns out to be accurate. NVDA is now a must-watch equity that has increased chances of delivering higher returns to traders. Accumulating it below the $200 range is advised as the uptick remains high.

In addition, NVDA is among the most sought-after equities in the market with strong backing from both retail and institutional investors. There has rarely been a dip in the trading activity for the past five years as buying remains robust. However, despite being bullish on Nvidia, Jefferies has removed it from its Franchise Picks for 2026.