1. NVIDIA Corporation (NASDAQ:NVDA)
On May 14, 2026, RBC Capital maintained an Outperform rating and a $250 price target on NVIDIA Corporation (NASDAQ:NVDA) ahead of the company’s Q1 results. The firm expects Nvidia’s Q1 results and Q2 outlook to follow a pattern similar to the prior three quarters, with a 3%-5% beat-and-raise driven by AI compute demand that continues to exceed supply. RBC added that visibility into demand trends now extends well into 2027, though component shortages and power and infrastructure constraints remain key near-term challenges.
Meanwhile, TD Cowen raised the firm’s price target on NVIDIA Corporation (NASDAQ:NVDA) to $275 from $235 while maintaining a Buy rating on the shares as part of an off-cycle semiconductor preview. The firm said AI infrastructure spending continues to move higher as investors search for the next bottlenecks in AI buildouts. TD Cowen noted that this has created a divergence within the AI infrastructure trade, with optical networking companies outperforming on expectations of future shortages while some accelerator-related names have lagged. The firm also increased its long-term estimates and now projects data center silicon spending could reach $1.3T by 2030, up from its prior $1.2T forecast.
Similarly, UBS raised the firm’s price target on NVIDIA Corporation (NASDAQ:NVDA) to $275 from $245 while maintaining a Buy rating on the shares. UBS expects Nvidia to report approximately $81B in revenue for the April quarter and guide for roughly $90B-$91B in revenue for the July quarter, supported by continued strong demand for Blackwell products and an expected ramp in Rubin rack shipments beginning around September or October.
NVIDIA Corporation (NASDAQ:NVDA) operates as an AI infrastructure and semiconductor company through its Compute & Networking and Graphics segments.
While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about the cheapest AI stock.
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