# Analysts say Nvidia stock could rise 61% to $328.75

Digest AI · Business & Funding · published 2026-11-02T10:49:00Z

Canonical: https://digestai.news/story/analysts-say-nvidia-stock-could-rise-61-to-328-75

## Summary

Nvidia shares have gained 10% year-to-date, slightly lagging the S&P 500's 11% return, yet analysts argue the stock remains undervalued relative to its earnings growth. The average analyst price target stands at $328.75, suggesting a potential 61% increase over the next 12 months. This optimism is driven by sustained demand for Nvidia’s GPUs and CPUs from hyperscale cloud providers, AI research institutions, and sovereign customers.

In the second quarter, Nvidia reported revenue of $96.2 billion, a 106% year-over-year increase. Earnings per share rose 128% over the same period, reflecting accelerating sequential growth. The company’s expanding addressable market includes AI-native companies and enterprises, reducing reliance on any single customer segment. Strong free cash flow allows Nvidia to continue share repurchases and dividend distributions, further supporting its investment thesis.

The article attributes the potential upside to durable competitive positioning in AI computing and favorable industry tailwinds. While the stock has underperformed the broader market slightly, the structural demand for data center infrastructure and AI workloads is expected to drive future performance. Analysts view the current valuation as cheap given the robust earnings outlook and shareholder-friendly capital allocation strategy.

## Key points

- Analysts set an average price target of $328.75, implying a 61% rise for Nvidia stock.
- Nvidia Q2 revenue reached $96.2 billion, up 106% year-over-year, with EPS surging 128%.
- NVDA stock is up 10% year-to-date, slightly trailing the S&P 500's 11% return.

## Why it matters

Nvidia is a core supplier for AI infrastructure. Analyst confidence in its 61% upside signals continued strong demand for AI hardware, influencing broader tech sector sentiment and investment flows in the AI buildout.

## Sources

1. [Nvidia Stock Looks Surprisingly Cheap. Why NVDA Could Rise 61%.](https://finance.yahoo.com/markets/stocks/articles/nvidia-stock-looks-surprisingly-cheap-184818615.html) (finance.yahoo.com, 2026-11-02)

Part of the developing story: [Nvidia-Meta AI Investment Saga](https://digestai.news/thread/nvidia-risk-building-earnings-revisions-can-turn-negative) (3 stories)

## Cite

Digest AI, "Analysts say Nvidia stock could rise 61% to $328.75", 2 November 2026, https://digestai.news/story/analysts-say-nvidia-stock-could-rise-61-to-328-75

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