# BNP Paribas raises Nvidia target to $345, sees up to 47% upside

Digest AI · Business & Funding · published 2026-10-05T03:21:00Z

Canonical: https://digestai.news/story/bnp-paribas-raises-nvidia-target-to-345-sees-up-to-47-upside

## Summary

BNP Paribas has kept an Outperform rating on Nvidia and lifted its target price to $345 from $285, citing the company’s full‑stack platform as a key advantage.

The brokerage notes that Nvidia’s upcoming Vera Rubin platform, which integrates GPUs, CPUs, networking and other components into a rack‑scale system for agentic AI, signals the firm’s adaptation to the next stage of AI. It expects Nvidia to retain at least three‑quarters of the AI compute market in dollar terms and maintain gross margins above 70%.

The rating reflects confidence that Nvidia’s CUDA software ecosystem and NVLink hardware architecture will keep the company ahead of competitors as AI moves beyond training toward complex inference workloads.

## Key points

- BNP Paribas raises Nvidia target price to $345 from $285, keeping an Outperform rating.
- Target implies up to 47% upside from current price of $234 on Oct 2.
- BNP cites Nvidia’s Vera Rubin platform and full‑stack stack as key advantage for agentic AI.

## Why it matters

The rating signals confidence that Nvidia’s integrated GPU‑CPU‑networking stack will sustain market dominance even as competitors introduce cheaper custom chips. It highlights the growing importance of end‑to‑end infrastructure for complex inference workloads, suggesting that firms investing in full‑stack solutions may gain a competitive edge in the AI services market.

## Sources

1. [Nvidia still 'the one' for AI? BNP Paribas raises target to $345, sees up to 47% upside](https://economictimes.indiatimes.com/markets/us-stocks/wall-street-guide/nvidia-still-the-one-for-ai-bnp-paribas-raises-target-to-345-sees-up-to-47-upside/articleshow/134698952.cms) (economictimes.indiatimes.com, 2026-10-05)

## Cite

Digest AI, "BNP Paribas raises Nvidia target to $345, sees up to 47% upside", 5 October 2026, https://digestai.news/story/bnp-paribas-raises-nvidia-target-to-345-sees-up-to-47-upside

---

Written by Digest AI's editorial model from the linked sources; the sources are the record. Headlines, digests and key points are written by Digest AI and may be quoted with a link to the story page. Linked articles belong to their publishers. Terms: https://digestai.news/terms#reuse
JSON: https://digestai.news/story/bnp-paribas-raises-nvidia-target-to-345-sees-up-to-47-upside.json