Mizuho Raises PT on NVIDIA (NVDA) Stock

NVIDIA Corporation (NASDAQ:NVDA) is one of the Best Fundamental Stocks to Buy According to Analysts. On January 9, Mizuho analyst Vijay Rakesh lifted the price objective on NVIDIA Corporation (NASDAQ:NVDA)’s stock to $275 from $245, while keeping an “Outperform” rating, as reported by The Fly. Notably, the firm adjusted targets in the broader semiconductors and semiconductor capital equipment group with respect to its 2026 outlook.

Mizuho Raises PT on NVIDIA (NVDA) Stock

The firm is expecting continued upside for the group in 2026 because of attractive valuations, but more modest compared to 2025. Furthermore, the analyst’s top sectors in 2026 include AI accelerators and wafer fab equipment, Optical, and memory. However, the firm is cautious on electric vehicles, autos as well as analog and computers, and handsets.

In a different update, on January 6, Harlan Sur from J.P. Morgan maintained a “Buy” rating on NVIDIA Corporation (NASDAQ:NVDA)’s stock, with the analyst noting the company’s demand growth and expansion of growth drivers. As per the analyst, the current demand for NVIDIA Corporation (NASDAQ:NVDA)’s products surpasses CY 2027.

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 this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.