<div id="readability-page-1"><p>Nvidia (NVDA) stock has surged 7.5% over the past five trading days amid the year-end &#34;Santa Claus&#34; rally. Despite early December jitters among tech and artificial intelligence (AI) names, Nvidia has gained 3.6% over the past month. Yet, Evercore ISI analyst Mark Lipacis expects the chip giant's shares to surge a further 86% in 2026, citing Nvidia's continued dominance in the AI space. However, Nvidia faces ongoing China export issues, macro headwinds, and AI demand variability, which could impact its stock performance going forward.</p><h3>Claim 70% Off TipRanks This Holiday Season</h3><ul><li>Unlock  hedge-fund level data  and  powerful investing tools  for smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  and maximize your portfolio's potential</li></ul> <p>In his latest stock review, Lipacis lifted Nvidia's price target from $261 to $352, implying 86% upside from the current levels of $189.21 per share. The five-star analyst ranks #42 out of 10,201 analysts tracked on TipRanks. He has a 68% success rate and an impressive average return per rating of 27.10%.</p> <h2><strong>Nvidia Is the AI Ecosystem of Choice</strong></h2> <p>Lipacis was impressed by Nvidia's blockbuster Q3FY26 results, which demonstrated accelerating revenue growth and expanding product availability. He highlighted improvements in the supply of GB200 and GB300, high-performance AI computing platforms based on the Blackwell architecture. He also noted that during Q3, Blackwell compute revenue grew by an estimated 48% quarter-over-quarter, adding over $13 billion to the July quarter figure.</p> <p>Nvidia stated earlier that it has $500 billion in data-center orders for its Blackwell and more advanced Ruben platforms in 2025-26. Lipacis stated that although supplies remain tight, Nvidia's higher inventory (up 32% in Q3) and increased supply commitments (up 63% quarter-over-quarter) will help support these massive orders.</p> <p>To conclude, Lipacis noted that Nvidia's estimated $493 billion in total 2025 and 2026 revenue is &#34;potentially conservative&#34; given current trends, underscoring the stock's potential upside if demand and execution stay strong. His $352 price target is based on applying a 35x multiple to the Base Case CY2030 earnings per share (EPS) of $14.74, with the valuation discounted back to 2026.</p> <h2><strong>Is Nvidia Stock a Buy Before 2026?</strong></h2> <p>Wall Street remains highly optimistic about Nvidia's long-term outlook. On TipRanks, NVDA commands a Strong Buy consensus rating based on 39 Buys and one Hold and Sell rating each. The average Nvidia price target of $263.58 implies 39.3% upside potential from current levels. Year-to-date, NVDA stock has gained nearly 41%.</p></div>

NVDA

NVDL

07788

07388

NVDY

NVDD

NVDX

NVDQ

SOXL

<p>Evercore ISI analyst Mark Lipacis predicts Nvidia's stock could rise 86% by 2026, citing its dominance in AI and strong Q3 results. Despite challenges like China export issues, Nvidia's inventory and supply commitments support its growth. Lipacis raised the price target to $352, with Wall Street optimistic about Nvidia's long-term outlook. NVDA has gained 41% year-to-date.</p>

- Nvidia (NVDA) stock rose 7.5% recently, benefiting from a year-end rally, with a month gain of 3.6%.  
- Analyst Mark Lipacis raised Nvidia's price target from $261 to $352, projecting an 86% potential upside, while noting challenges such as China export issues and demand variability.  
- Wall Street has a Strong Buy consensus rating on Nvidia, with an average price target suggesting a 39.3% upside, reaffirming confidence in its strong revenue growth and market position in AI.

Nvidia Stock (NVDA) Forecast: Top Analyst Predicts 86% Price Jump in 2026