The rise and rise of artificial intelligence has caused Nvidia (NASDAQ: NVDA) shares to skyrocket in recent years. As businesses across the globe rush to integrate this brand new tech, the share price has climbed 37% year to date in 2025.
If the spread of these extraordinary ‘large language models’ like ChatGPT continues then what could Nvidia do next year? Where might Nvidia shares be by the start of 2027?
While it’s tempting to rush straight into the fantastic possibilities of an AI-fuelled future, it’s worth bearing in mind that whatever goes up can come down.
Many a newspaper headline has been made in recent months about the possibility of a stock market crash caused by AI. As Nvidia is the dominant player in the production of these AI computer chips, it could be the primary casualty in the event of some turbulence.
Ratings
Any possible crisis is not reflected in the analysts covering Nvidia stock, however. Out of the 70 analysts with a rating, only one solitary figure has the stock down as a Sell.
That share price target for the next 12 months is $140, which would represent a 26% drop from the current value.
A £1,000 stake would fall to approximately £744, including the (tiny) dividend yield.
How many analysts are giving it the thumbs up? Almost all of them. A total of 64 analysts are giving Nvidia stock a Buy or Outperform rating, with an average price target of $250, meaning a possible 33% increase.
The £1,000 stake might turn into £1,328.
On the high end, we have some lofty predictions. The highest price target has Nvidia stock down as $432 a pop in a year’s time.
The £1,000 stake could turn into £2,295 if this proves to be correct.
Before getting into my own opinion of Nvidia stock, I’ll say that analysts sometimes have a tendency to follow the crowd. This is particularly true with stocks that have been skyrocketing. So these numbers should always be taken with a pinch of salt.
No trousers?
Personally, I think there are three main ways the next year will play out. The doom and gloom scenario is the AI bubble crashing as the technology turns out to be all mouth and no trousers – in economic terms, at least. In this case, I can see even the lowest price target looking a little too much.
The optimistic scnario, on the other hand, is where AI starts to really prove its usefulness. If economic growth is kickstarted (outside of the ‘shovel sellers’) then Nvidia’s status as one of the important companies for the next few decades will be cemented.
The third scenario, and the most likely if I had to guess, is a continuation of the status quo. Spending on AI chips continues. A crash doesn’t materialise. The tech keeps improving all the while. And Nvidia shares could have another solid year. I’d call the stock one to consider.
