JPMorgan increased its 12-month price target on Nvidia to $265 from $250 while maintaining an overweight rating, citing the company’s bullish AI-driven revenue outlook for the coming quarters. The move aligns the bank’s valuation with a rising analyst consensus and signals continued confidence in Nvidia’s growth trajectory.

Wedbush analysts projected fiscal Q1 2027 revenue of $78 billion, well above prior market estimates, driven by robust sequential and year-over-year data-center sales. In response, the firm raised its Nvidia price target to $300, highlighting the company’s early supply-chain commitments and strong demand for GPUs and networking products.

Street-wide, Nvidia’s average 12-month target now sits near $256.50 with a unanimous buy or overweight stance. While Goldman Sachs and Morgan Stanley hold targets around $250, Bullish outliers like Jefferies at $275 and Evercore ISI at $352 reflect varying assumptions on AI capex and product roadmap execution.

The upward revisions underscore sustained optimism in Nvidia’s ability to monetize AI acceleration and data-center expansion. Investors should weigh these forecasts against potential risks such as export restrictions, competitive pressures, and the extent to which future growth is already priced in.