Nvidia stock (NASDAQ: NVDA) opened Wednesday’s trading session in the red and slumped to the $209 level. NVDA was relatively below the $200 for the first three months of 2026, but climbed above the threshold for the first time in April and later in May. The leading GPU maker is now sending signals of another dip that could pull its price down to the $190 range.
However, Global investment bank DBS is confident that Nvidia stock will remain trading at this level, but also fall to $190. Despite the dip, the bank maintained its buy call in a note to clients and reiterated its price prediction. According to their estimates, NVDA could still generate double-digit returns to traders and hit a new yearly high in the charts.
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Nvidia Stock Price Prediction: DBS Hikes Target in New Forecast
Fang Boon Foo, a highly rated Singapore-based analyst at DBS Bank, wrote in a note to clients that Nvidia stock could reach $250 next. The analyst has an exceptional historical success rate on tech calls and is among the top-rated strategists. He puts NVDA at $250 with an upward potential of nearly 20%. That’s double-digit gains to investors, and taking an entry position between the $190 to $200 level would be beneficial to traders.
The price prediction from the analyst was dated on May 22, 2026. The development indicates that Nvidia stock is still a buy, with a robust upside potential. Both institutional funds and retail investors have been making a beeline for the equity. NVDA has surged more than 1,500% since 2020, becoming the most talked-about asset in the broader US stock market.
The other retail investors are jumping on the bandwagon, hoping that Nvidia stock could replicate its past performance. However, historical figures do not guarantee future performance, especially in the stock market. The conditions and macroeconomic factors are different each year, which could make or break its performance in the charts.