New Street Research analyst Pierre Ferragu added Nvidia Corp (NASDAQ:NVDA) to the firm’s best ideas list for 2026 on Thursday, arguing the stock could double from current levels by 2027.
The thesis rests on a combination of earnings revisions, a compressed multiple, and Nvidia’s plan to return 50% of its free cash flow through buybacks and dividends. Ferragu said Nvidia’s $1 trillion cumulative revenue guidance for Blackwell and Rubin products is “in the bag” by the end of 2027 and that the market isn’t pricing in enough enthusiasm.
He projects more than $20 in earnings per share and rates the stock a Buy with a $275 price target, implying roughly 53% upside from Thursday’s price around $180.
Twelve Notes In Two Days
The call arrives amid a flood of analyst activity tied to Nvidia’s annual GTC developer conference in San Jose this week.
Rosenblatt’s Kevin Cassidy raised his target from $300 to $325, now the highest on the Street. …
This post was originally published here
