Global investment bank Jefferies has upgraded Nvidia’s stock price prospects for 2026. The prediction remains bullish as the GPU manufacturer is dominating the AI sector despite stiff competition. The firm also provides AI-related products to other tech giants, keeping them dependent on its services. The cash flow remains strong from around the world, making its balance sheet and revenue brim with profits.
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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.
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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.