Nvidia Stock Below $190, Bernstein Reiterates Its ‘Buy’ Call (NVDA)

Vinod Dsouza
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Source: Reuters / Dado Ruvic / Illustration / File Photo

When Nvidia stock (NASDAQ: NVDA) fell below the $200 level last week, private wealth management firm Bernstein wrote in a note to clients that accumulating the GPU maker at these levels will prove beneficial to investors. The firm’s analyst Stacy Rasgon also gave NVDA a new price target of $315. This is among the most bullish price predictions for the leading equity, which dominates the AI sector.

Nvidia stock has now fallen below the $190 mark, and the analyst from Bernstein reiterated his ‘buy’ rating on Monday (June 29, 2026). The analyst urged clients to take an entry position, indicating that NVDA could bottom out in value. This could be the right time for an entry position, as the GPU maker has bounced back around this range. Prices fluctuated between $190 and $220 twice in the last three months.

Therefore, even short-term traders could make gains if the cycle repeats this time around. Buying at the $190 range and exiting at $220 could allow investors an opportunity to make quick gains. Traders could make use of the downturn to initiate swing trading and press the exit button at $220. It would allow a window of opportunity to make a $30 profit per share, accumulating Nvidia stock in this range.

Also Read: Bernstein Predicts AMD Stock To Hit $600: When Will It Happen?

Nvidia Stock: How Much Profit Can You Make With NVDA?

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Considering Nvidia stock is at the $190 level with a price target of $315, traders can make a $125 profit per share. Investors can also expect a return on investment (ROI) of approximately 66%. Therefore, an investment of $1,000 could turn into $1,660 if the price prediction from Bernstein turns out to be accurate. That’s phenomenal returns, as not every asset in the market can generate this much gain. Also, pumping this much is not new for NVDA, as it has risen more than 1,500% in the last five years.