--- title: "Nvidia (NVDA) Stock Flat amid GTC 2026 — Why Top Analysts Are Still Bullish" type: "News" locale: "en" url: "https://longbridge.com/en/news/279611496.md" description: "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." datetime: "2026-03-18T13:17:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279611496.md) - [en](https://longbridge.com/en/news/279611496.md) - [zh-HK](https://longbridge.com/zh-HK/news/279611496.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279611496.md) | [繁體中文](https://longbridge.com/zh-HK/news/279611496.md) # Nvidia (NVDA) Stock Flat amid GTC 2026 — Why Top Analysts Are Still Bullish Shares of Nvidia (NVDA) have remained largely flat during GTC 2026, despite a steady stream of product announcements and AI updates from the company. While the stock hasn't reacted as sharply as some investors expected, analysts remain bullish, citing Nvidia's expanding AI ecosystem, strong demand for its GPUs, and long-term growth potential as key reasons for optimism. ### Claim 70% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential For context, the GTC (GPU Technology Conference) is Nvidia's annual event, running March 16–19 in San Jose, California, highlighting Nvidia's cutting-edge products and partnerships. ## **Nvidia Stock Performance** NVDA stock dropped roughly 0.70% to close near $181.93, despite a highly bullish keynote from CEO Jensen Huang at GTC 2026. This muted reaction follows a familiar pattern: after the October 2025 GTC, the stock dropped 2% the next day. Year-to-date, NVDA is down about 2.45%. TD Cowen's top-rated analyst Joshua Buchalter highlighted that Nvidia's $4.4 trillion+ market cap and recent gains have contributed to this flat, range-bound pattern, even as the company's fundamentals and AI growth outlook remain strong. Have high conviction in NVDA? Leverage your view Meanwhile, ongoing geopolitical tensions have dampened market reactions to Nvidia's bullish announcements. Additionally, part of NVDA's flat trading may be tied to activity in the options market and hedging by liquidity providers, including market makers and large shareholders. These dynamics can effectively "pin" the stock near current levels. In other words, the lack of momentum may reflect market mechanics more than the company's fundamentals. ## **Top Analysts Stay Bullish on NVDA Stock** Wall Street's support for NVDA amid GTC 2026 remains strong and largely unified. Overall, analysts believe GTC announcements largely confirmed existing expectations rather than boosting forecasts. Cantor Fitzgerald's five-star-rated analyst C J Muse reiterated a Buy rating with a $300 price target, citing more than $1 trillion in bookings for Blackwell and Rubin products through 2027. He highlighted accelerating demand in inference and agentic AI as a key driver for long-term earnings, keeping Nvidia a top pick despite already high expectations around bookings. Likewise, Truist Securities' five-star-rated analyst William Stein maintained a Buy rating with a $283 price target, noting inference, agentic AI, and physical AI as major demand drivers. Stein highlighted a shift from training-focused AI to real-world applications like autonomous tech and robotics. He also noted that Nvidia's flexible platforms and growing revenue show steady momentum with some upside potential. ## **What Is the Price Target on Nvidia?** According to TipRanks, NVDA stock has a Strong Buy consensus rating. Of the 41 analysts covering the stock, 40 rate it a Buy, while one rates it a Hold. 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