Goldman Sachs has increased its price projection for Nvidia shares, citing the chip manufacturer’s strategic collaborations with artificial intelligence companies as a catalyst for future stock appreciation.
The financial institution adjusted its valuation estimate upward to $210 per share from a previous $200 target, representing potential growth of approximately 12% above last Friday’s trading price.
The firm maintains its positive stance on the semiconductor company’s equity.
Nvidia‘s stock has demonstrated robust performance throughout the current year, climbing 40% since January.
Analyst James Schneider highlighted the company’s financial commitments and collaborative agreements with organizations including OpenAI as key factors that could propel additional value creation.
While these business relationships introduce certain variables into the equation, Schneider expressed confidence that Nvidia’s strong results across diverse market segments would counterbalance any emerging challenges.
“We anticipate continued momentum in Nvidia’s core business metrics, supported by growing demand from both major cloud infrastructure providers and emerging customer categories,” Schneider noted in his analysis.
“Major technology platforms are expected to remain the primary revenue contributors for the organization.”
The analyst suggested these collaborative arrangements could generate substantial improvements to the company’s 2026 financial projections. He attributed the enhanced price target to sustained expansion opportunities from both established clients and newer market participants.
Schneider observed that Nvidia’s investment activities serve a dual purpose—not only generating direct business value but also communicating to market participants the company’s assessment of industry growth potential.
“Our optimistic view on the shares stems from projected earnings growth potential, though we maintain a measured perspective on valuation metrics given evolving market dynamics, including increased revenue from non-traditional buyers such as government entities and emerging technology ventures,” the analyst explained.
Market sentiment toward Nvidia remains overwhelmingly favorable. According to LSEG data, 59 of 66 analysts tracking the stock recommend purchase positions, reflecting broad professional confidence in the company’s trajectory.
