Nvidia stock has rebounded over the past six trading sessions, marking its longest winning streak since October. Analysts observe a potential breakout if the stock sustains above $185. Major Wall Street firms, including Citi, Bank of America, and JPMorgan, maintain a consensus price target of $273, implying significant upside. However, some experts emphasize that levels around $170 are crucial support, with a drop below possibly leading toward $150.
Nvidia stock is down around 1% year-to-date but has risen more than 10% over the past six sessions. BTIG analyst Jonathan Krinsky stated that a move above $185 and holding there would be a strong bullish signal.
Krinsky believes that $185 could be the point for buying in for the best profit guarantee. Meanwhile, BofA analyst Vivek Arya reaffirmed his Nvidia stock price target at $300 after GTC 2026.
His note pointed to data center sales visibility of over $1 trillion for calendar years 2025 through 2027. Citi echoed that view, noting the figure is already above the Street’s $950 billion estimate.
Citi‘s note also described “tens of billions” in additional upside from categories not yet included. JPMorgan, also sitting at $300, reported that the doubled demand visibility implies between $50 billion and $70 billion in upside relative to consensus.
The $273 forecast is now a consensus call among three of Wall Street’s biggest names. The average price target of $273 would represent approximately 60% upside from current levels.
On the flip side, Kingsview’s Buff Dormeier said 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. 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.
