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BNP Paribas lifts its Nvidia target to $345
The revised target implies about 47% upside from Nvidia’s Friday closing price, and BNP Paribas continues to see the company’s full-stack AI platform as hard for rivals to match.
BNP Paribas upgraded its outlook for Nvidia by raising its target price to $345 from $285, while keeping an Outperform rating on the chipmaker, according to LiveMint Markets, citing The Economic Times. The firm said Nvidia’s full-stack platform remains a key advantage that competitors are unlikely to replicate.
The updated target suggests roughly 47% upside from Nvidia’s Friday closing price, the outlet reported. LiveMint Markets also noted the stock has not yet crossed $300, despite record highs in 2026.
LiveMint Markets added that BNP Paribas expects Nvidia to sustain its bullish trajectory as AI shifts from training toward more complex inference workloads. The brokerage also pointed to Nvidia’s continued stock buybacks as part of its market support, while noting ongoing concerns about growing competition and larger technology companies moving toward custom chips.