Traders who have been following Nvidia stock (NASDAQ: NVDA) in 2026 have seen a repeated pattern play out. Whenever the leading GPU maker reached a price point of $220, it slipped below $200 in less than two weeks. This cyclic pattern occurred more than five times in eight months, leading to a predictable price routine for investors. However, for the first time, NVDA broke the price jinx and climbed above $220 on Friday’s closing bell.

It reached a day’s high of $224.76 and settled at $223.96, which is where it opened on Monday. Nvidia stock is now trading above the $220 zone, which is close to its yearly high of $235. This gives investors confidence that an upward trajectory could be on the cards. The last time it came near this price zone was in May 2026; it has already repeated the pattern twice since then. However, this time could be different, as NVDA surged nearly 14% in a week, letting go of its baggage.

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How High Can Nvidia Stock Reach Next?

Leading global investment bank Morgan Stanley’s Semiconductor Industry Analyst Joseph Moore has provided a new price prediction for Nvidia. The analyst wrote in a note to clients, reiterating his buy rating for NVDA. According to the latest price projection, Nvidia stock could reach a target of $288 next. That could be a profit of $65 per share if traders take an entry position into the equity today at $223. It also marks a return on investment (ROI) of approximately 24% from its current price.

Therefore, an investment of $1,000 could turn into $1,240 if Morgan Stanley’s price prediction turns out to be accurate. Nvidia is among the most promising stocks for the long-term investment trajectory. It is the top contender in building the AI sector, which is touted as the next-gen technology. An investment now in NVDA with a long-term view of five to 10 years could prove beneficial to investors.