Nvidia’s strategic investment in businesses such as OpenAI could boost its stock in coming months, according to Goldman Sachs. The bank lifted its price target on the AI trade poster child to $210 from $200. That implies a gain of 12% from Friday’s close. The bank currently has a buy rating attached to shares of Nvidia. The graphics processing unit maker has rallied 40% this year. NVDA YTD mountain NVDA YTD chart Analyst James Schneider pointed to Nvidia’s investments and partnerships with companies such as OpenAI as a driver of further gains. While these partnerships could introduce some degree of uncertainty, the analyst is optimistic that Nvidia’s outperformance in other verticals could offset any potential risks. “We expect near-term strength in Nvidia’s fundamentals driven by upside from both hyperscalers and non-traditional customers — and continue to see the hyperscaler revenue contribution dominating the company’s revenue mix,” he wrote. Partnerships like this one could help boost “significant upside” to Nvidia’s 2026 estimates, Schneider added. He attributed his price target boost to a strong runway of growth not only from core customers, but also from non-traditional buyers. Schneider also pointed out that Nvidia’s investment provides another tailwind for the stock by serving as a signaling mechanism to investors disclosing the GPU maker’s view on the scale of this market opportunity. “We remain bullish on the stock given the potential upside we see to estimates — but are more guarded on the stock’s multiple given increased long-term risks driven by the growing mix of non-traditional customers — including sovereign and startup customers (such as OpenAI),” the analyst wrote. Most analysts are bullish Nvidia. Of the 66 who cover the stock, 59 rate it a buy or strong buy, per LSEG. ( Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here . )
