New York, Jan 7, 2026, 14:35 EST — Regular session
- Nvidia shares rose about 1.3% in afternoon trade as brokerages refreshed price targets after CES.
- Wall Street’s high-end target of $352 implies roughly 86% upside from current levels.
- Investors are watching China H200 order headlines and the Feb. 25 earnings date next.
Nvidia (NVDA.O) shares rose 1.3% to $189.59 by mid-afternoon on Wednesday, after trading between $186.60 and $191.26. Raymond James analyst Simon Leopold said CES comments “offered encouragement” on Nvidia’s leadership, and recent notes from Evercore ISI, Citi and BofA pegged targets at $352, $270 and $275 — about 42% to 86% above the stock’s current level. Investors.com+2Investing.com+2
The Nvidia stock forecast matters because the company has become a stand-in for the pace of spending on AI data centres. CES roadmaps tend to hit models fast, especially when investors are trying to work out whether the next product cycle keeps margins and growth intact.
Two questions are doing the work right now: how quickly new systems ship, and how much of the China market stays reachable. The answers can reshape 2026 revenue expectations well before earnings season.
CEO Jensen Huang said Nvidia’s next-generation chips are in “full production” and can deliver five times the AI computing of the prior line for chatbots and other apps. The Vera Rubin platform is built from six chips and is expected to debut later this year, with a flagship server packing 72 graphics processors and 36 central processors; “This is how we were able to deliver such a gigantic step up in performance,” Huang said. He said “pods” can link more than 1,000 Rubin chips and boost the efficiency of generating “tokens” — the bits of text AI models produce — and Nvidia also pitched a new “context memory storage” layer to speed inference, the work of running models to generate answers, as it faces tougher competition from Advanced Micro Devices and Alphabet’s Google. Reuters
China is the other swing factor. The Information reported that Beijing asked some Chinese tech companies to halt orders for Nvidia’s H200 data-centre chips this week and may require domestic AI chip purchases, Reuters reported, and Nvidia did not immediately respond to a request for comment. U.S. export licences for the H200 are still being processed with no set timeline, after the Trump administration late last year approved exports under a 25% revenue-sharing tax condition; the H200 is the predecessor to Nvidia’s current flagship Blackwell chips.
A Form 4 filing showed Nvidia principal accounting officer Donald F. Robertson Jr sold 80,000 shares on Jan. 2 at weighted-average prices around $189 to $192, under a pre-arranged 10b5-1 trading plan adopted in September. Insider sales can be routine, but they can add noise when the stock is reacting to policy headlines and price-target resets.
But the price-target math assumes Rubin arrives on time and the supply chain holds up as customers keep building out AI clusters. A slower rollout, a tougher turn in China procurement, or another shift in export rules could force analysts to redraw those forecasts quickly.
The next hard catalyst is Nvidia’s fourth-quarter fiscal 2026 results on Feb. 25. Until then, traders will watch for any signal on H200 licence timing and whether China moves from warnings to formal limits on orders.
