While Nvidia (NVDA) stock is down around 1% year-to-date, its performance has certainly rebounded in recent weeks. While Nvidia stock and other leading tech titans have cooled down in value, there is still optimism in the AI market. Analysts are looking at the current price of $183 as a potential buy point, but there are some experts who suggest a better entry point is brewing.
Indeed, BTIG analyst Jonathan Krinsky says that chipmaker Nvidia may be close to a breakout after months of sideways movement, but not there yet. NVDA stock has risen more than 10% over the past six trading sessions, which is its longest winning streak since October. If Nvidia can move above $185 and stay there, Krinsky believes that it would be a strong bullish signal. In his view, that would show that investors are ready to step back in and push the stock higher again. Therefore, $185 could be the point of buying in for the best guarantee at a profit.
Meanwhile, BofA analyst Vivek Arya reaffirmed his Nvidia stock price target at $300 after GTC 2026, with his note pointing to data center sales visibility of over $1 trillion for calendar years 2025 through 2027 — up from the $500 billion figure Nvidia itself disclosed back in October 2025. Citi echoed that view, noting the figure is already above the Street’s $950 billion estimate and also carries what the firm’s note described as “tens of billions” in additional upside from categories not yet included. JPMorgan, also sitting at $300, reported that the doubled demand visibility implies somewhere between $50 billion and $70 billion in upside relative to the Street consensus for 2026 and 2027 data center revenues.
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Furthermore, the Nvidia stock $273 forecast is now a consensus call among three of Wall Street’s biggest names — Citi, Bank of America, and JPMorgan, all of which landed around that number after Jensen Huang’s GTC 2026 keynote. The average Nvidia stock price target of $273 would represent approximatley 60% upside from current levels. On the flip side, Kingsview’s Buff Dormeier said that the stock may need to move above $200 to confirm a more meaningful breakout. Levels around $170 are seen as very important support, with $165 also acting as a short-term floor. If Nvidia falls below those levels, it could drop toward $150.
Turning to Wall Street, analysts have a Strong Buy consensus rating on Nvidia NVDA stock based on 41 Buys, one Hold, and one Sell assigned in the past three months. NVDA is trading near the top of its 52-week range and above its 200-day simple moving average.