Nvidia Analysts Forecast 28% Upside Despite 9% Monthly Drop

Wall Street maintains bullish outlook on NVDA with a 12-month target of $245.91 after Q1 revenue surged 85% to $81.6 billion. Nvidia shares fell 9% this month, closing at $192.53 on June 26, 2026, but 95% of analysts remain bullish, targeting 28% upside. The stock sits 27%

Wall Street maintains bullish outlook on NVDA with a 12-month target of $245.91 after Q1 revenue surged 85% to $81.6 billion.

Nvidia shares fell 9% this month, closing at $192.53 on June 26, 2026, but 95% of analysts remain bullish, targeting 28% upside. The stock sits 27% below its 52-week high of $236.26, though fundamentals remain strong.

Q1 FY2027 revenue reached $81.615 billion, up 85.23% year over year, with non-GAAP EPS of $1.87 beating estimates. Data Center revenue climbed 92% to $75.246 billion, driven by AI infrastructure demand, with $119 billion in supply commitments securing future growth.

Despite the recent pullback, analysts see the dip as a buying opportunity, with a 12-month price target of $245.91, implying 27.73% upside. The stock is up 24.36% over the past year but down 9.34% in the last month.

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