Analysts raise Nvidia price targets heading into late 2026

By Splitfeed EditorialLast updated Oct 1, 2026, 17:20 UTC

In late September and early October 2026, a cluster of analyst activity around Nvidia stock drew attention on Wall Street. Multiple analysts raised their price targets for Nvidia between September 29 and October 1, with coverage appearing across Benzinga, inkl.com, Finbold, and 24/7 Wall St. Finbold also reported a consensus 12-month price target from Wall Street as a whole. At the same time, MarketBeat disclosed that Wilkinson Global Asset Management LLC sold its position in Nvidia during this period. A separate analyst piece published by 24/7 Wall St. argued for Credo Technology as an alternative AI infrastructure play, with the author offering a 2027 price target for that company rather than Nvidia.

The significance of this activity lies in the tension it reveals within professional investment circles. Analyst upgrades and raised price targets generally signal confidence in a company's near-term earnings trajectory, and Nvidia has remained a central reference point for the broader AI infrastructure build-out. The fact that at least one analyst is explicitly looking past the next few quarters, and another is steering attention toward Credo Technology as a 2027 alternative, suggests that some on Wall Street are starting to think carefully about whether Nvidia's dominant position in AI hardware will face meaningful competition or valuation constraints over a longer horizon. The Wilkinson sale adds a concrete data point of institutional profit-taking even as bullish forecasts accumulate.

None of the three camps, Pro-AI, Anti-AI, or Middle Ground, have published direct reactions to this story. Pro-AI voices would typically treat rising analyst price targets as validation that AI infrastructure spending remains robust and that the market continues to price in sustained demand for Nvidia's chips. Anti-AI commentators would likely point to the Wilkinson sale and the pivot toward alternatives like Credo as early signs that Nvidia's AI-driven premium is becoming harder to justify. A Middle Ground perspective would probably focus on the divergence itself, noting that simultaneous upgrades and institutional selling reflect genuine uncertainty about how long Nvidia can maintain its pricing power as the competitive landscape broadens.

The next concrete data point to watch is Nvidia's upcoming earnings release, which would either support or challenge the higher price targets analysts have now set. Any further institutional filings showing large position changes, or an official price target from an analyst covering Credo Technology for 2027, would also help clarify whether the rotation trade away from Nvidia is gathering momentum or remains a minority view.