Analysts Urge NVIDIA Buy Despite Valuation Risks

NVIDIA shares hover near $200 in mid-April 2026, making it the world's most valuable company at $4.9 trillion market cap. Over 90 percent of Wall Street analysts rate the stock a Buy, with average price targets of $268-$275, citing record data center revenues and surging demand for its Blackwell AI chips. Risks remain significant. NVIDIA trades at elevated forward price-to-earnings multiples, faces growing competition from in-house chips developed by Google, Amazon and others, and continues to navigate U.S. export restrictions limiting China sales. The upcoming Rubin chip platform is expected later in 2026, with analysts projecting continued strong revenue growth.