Nvidia (NVDA) Stock Flat amid GTC 2026 — Why Top Analysts Are Still Bullish

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2026.03.18 13:17
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Nvidia (NVDA) stock has remained flat during GTC 2026, closing at $181.93, despite positive product announcements and a bullish keynote from CEO Jensen Huang. Analysts remain optimistic, citing strong demand for GPUs and Nvidia's expanding AI ecosystem. TD Cowen's analyst Joshua Buchalter noted the stock's muted reaction is influenced by market mechanics and geopolitical tensions. Analysts maintain a Strong Buy consensus, with an average price target of $274.16, indicating a potential upside of 50.70%. Cantor Fitzgerald and Truist Securities analysts reiterated Buy ratings, highlighting long-term growth drivers in AI.