Nvidia stock (NASDAQ: NVDA) opened Friday’s trading session at $202 and remains range-bound in the charts. The global GPU maker has been trading between $190 and $210, making the price pattern predictable. On the heels of the price stagnation, leading investment bank Morgan Stanley has reiterated its price prediction for NVDA, indicating that double-digit returns are on the cards for investors who take an entry position at the current levels.

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Nvidia Stock Price Prediction: See Morgan Stanley’s NVDA Target

Morgan Stanley’s semiconductor industry analyst Joseph Moore reiterated his buy rating in a note to clients on Friday (July 10, 2026). He urged clients to take an entry position in NVDA and accumulate the dips when it falls to the $190 zone. The analyst wrote that Nvidia stock could experience spurts of rally, as the markets are again warming up to the AI sector. The spurt could come as semiconductor giant SK Hynix stock will be available for trading at $149 on Friday in the US markets under the ticker SKHY.

The Morgan Stanley analyst gave Nvidia stock a price target of $288. Traders can make profits of up to $86 per NVDA share, according to the forecast. That’s also an uptick and return on investment (ROI) of nearly 43% from its current price of $202. Therefore, an investment of $1,000 in NVDA could turn into $1,400+ if the price prediction turns out to be accurate.

Joseph Moore is a five-star-rated analyst with a success rate of 61.7%. His previous estimates on Nvidia stock have turned out to be accurate. The analyst is heavily bullish on the AI sector and is displaying confidence in semiconductor manufacturers. He previously predicted that Micron stock would reach $1,200, and his estimate reached the target. Though MU experienced a price pullback below the $1,000 level, Wall Street is confident of a rebound.