Nvidia stock (NASDAQ: NVDA) is above the $200 level once again for the fifth time in 2026. The world’s leading GPU maker has been hovering around the $190 to $215 zone almost every month, and has entered the same cycle again in August. It opened the month at $200 and shot up to $206 on Monday, indicating bullishness in the equity. The sudden spurt in value of 2.9% is making the equity an attractive affair for both retail and institutional investors.

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Nvidia Stock Price Prediction: Bernstein’s Latest Target on NVDA

Varun Govindaraj, the Senior Analyst at Bernstein, maintained his buy rating on Nvidia stock in a note sent to clients on Monday (August 3, 2026). The analyst urged institutional clients to start accumulating NVDA and predicted that it could breach the $300 wall next. The Wall Street firm is confident that the equity could soon experience a rally that will leave its $200 zone in the distant past.

According to the latest price prediction from Bernstein, Nvidia stock could reach a new target of $315. That’s a profit of nearly $109 per share if traders take an entry position in the equity today at $206. That’s also an uptick and return on investment (ROI) of approximately 53% from its current price. This indicates a record amount of profit in the equity for traders who begin to accumulate in August.

An investment of $1,000 could turn into more than $1,500 if the price prediction from Bernstein turns out to be accurate. That’s stellar gains, as not every asset in the market can generate more than 50% returns. Nvidia stock is uniquely placed at the $200 level, making its price trade at a pivotal point in the indices. NVDA is also among the top stocks being constantly accumulated by both institutional funds and retail investors since 2020.