10 AI Stocks Analysts are Tracking Closely

4. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 235

NVIDIA Corporation (NASDAQ:NVDA) is one of the 10 AI Stocks Analysts are Tracking Closely. On October 28, Wolfe Research reiterated its “Outperform” rating on the stock with a $230 price target.

The firm cited significant growth visibility and material EPS upside potential behind the rating affirmation. In particular, it talked about how Nvidia has revealed more than $500 billion in demand for its next-generation AI chips. This demand is much higher than what the Street anticipates.

“NVDA held its semi-annual GTC conference today where the company indicated that it has visibility to more than $500bn in cumulative Blackwell and Rubin revenue through CY26 (so far). While the details of that disclosure are a bit unclear, even a conservative interpretation of those comments suggests significant upside vs. consensus expectations. Our analysis assumes NVDA means they will ship a total of $500bn of Rubin + Blackwell in CY25+CY26. Our total CY25+CY26 DC GPU revenue is for $360bn. This disclosure therefore suggests on the order of $140bn upside to datacenter GPU revenue over that period. If our interpretation is correct, this would suggest ~$3 EPS upside to our current $6.20 CY26 estimate.”

NVIDIA Corporation (NASDAQ:NVDA) specializes in AI-driven solutions, offering platforms for data centers, self-driving cars, robotics, and cloud services.