NVIDIA Corporation (NASDAQ:NVDA) is a top AI stock on Wall Street. Evercore ISI raised its price target to $352 from $261 with an “Outperform” rating, citing reaccelerating revenue growth and improved product availability. Blackwell compute revenue has surged 48% quarter-over-quarter, totaling over $13 billion in growth.

Analysts believe Nvidia is the AI ecosystem of choice, with GB200 and GB300 availability significantly improved. Despite supply constraints, Nvidia’s increased inventory and supply commitments position it to fulfill $500 billion data center compute orders in 2025-26. The firm forecasts revenues to accelerate from 56% growth in Jul-25Q to 79% in Jul-26Q.

Nvidia specializes in AI-driven solutions for data centers, self-driving cars, robotics, and cloud services. While a solid investment, some AI stocks may offer greater upside potential and lower downside risk. For an undervalued AI stock benefiting from current trends, check out the free report on the best short-term AI stock.

Read more at Yahoo Finance: Evercore Lifts Nvidia (NVDA) Target, Says It Remains the ‘AI Ecosystem of Choice’