5 Stocks Most Bought by Hedge Funds in Q1 2026

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 275

NVIDIA Corporation (NASDAQ:NVDA) ranks among stocks most bought by hedge funds in Q1 2026. On May 27, Tigress Financial Partners increased its price target on NVIDIA Corporation (NASDAQ:NVDA) from $360 to $425 and kept a Strong Buy rating on the stock.

The research firm pointed to the company’s full-stack technology leadership and its position as the core infrastructure engine of the AI factory era. Tigress Financial also noted that AI capital expenditures are surging, which is supporting revenue, cash flow, and shareholder value growth.

The firm highlighted NVIDIA Corporation’s (NASDAQ:NVDA) record Q1 fiscal 2027 results, which evidenced AI factory demand and growing capital returns.

Tigress Financial also pointed out that AI data center factory build-outs and growing edge, automotive, and robotics applications are driving growth for the company. The research firm noted that NVIDIA Corporation (NASDAQ:NVDA) is well-positioned to capture a significant portion of global AI infrastructure spending in a multi-trillion-dollar market.

Additionally, Tigress Financial noted that the company’s capital allocation strategy focuses on investing in high-return growth efforts, expanding its AI ecosystem, and returning excess cash to shareholders.

NVIDIA Corporation (NASDAQ:NVDA) is an American multinational technology company known for producing graphics processing units (GPUs), AI hardware and software, and high-performance computing (HPC) solutions.