NVIDIA Corporation

NASDAQ Global Select
Bullish +65

Nvidia (NVDA) Stock Price Today, September 8, 2026: Edges Up ... - Pintu

πŸ“ˆ Nvidia shares closed up 0.84% at $230.36, trading near an all-time high of $235.74 with a market cap of $5.562 trillion.

πŸš€ Phillip Securities raised its price target to $300, citing strong AI server demand and plans for custom chips and automotive computing.

πŸ’° Citigroup and J.P. Morgan set high price targets of $315 and $320 respectively, reflecting continued institutional optimism.

🀝 Nvidia announced a nearly $13 billion acquisition of Hugging Face to serve over 18 million developers globally.

🏭 The company invested $3.5 billion into MediaTek to strengthen its position against hyperscalers shifting toward custom chips.

πŸ“Š Anthropic is preparing for an IPO following investment commitments of up to $10 billion from Nvidia.

🎯 The consensus analyst price target is $324.23 with a Moderate Buy rating based on 50 Buy and 2 Strong Buy ratings.

βš–οΈ Goldman Sachs maintains a Neutral rating with a $300 target, while Seaport Research offers a Sell rating at $180.

Bullish Signals
  • Nvidia shares surged up to 2% driven by positive sentiment in the AI-related semiconductor sector and anticipation of Anthropic's IPO.
  • The company announced a nearly $13 billion acquisition of Hugging Face, a platform serving over 18 million developers and 200,000 companies.
  • Nvidia made a strategic $3.5 billion investment into MediaTek to strengthen its position amid the hyperscaler trend toward custom chips.
  • Phillip Securities raised its price target to $300 from $285, maintaining a Buy rating due to expectations of continued strong AI server demand.
  • Major institutions including Citigroup and J.P. Morgan set high price targets of $315 and $320 respectively, indicating strong institutional confidence.
Risk Factors
  • Goldman Sachs maintains a Neutral rating with a price target of $300, suggesting analysts see limited upside from current levels.
  • Seaport Research issued a Sell rating with a low price target of $180, indicating significant bearish sentiment among some market participants.
Full Analysis
Nvidia (NVDA) shares closed up 0.84% to $230.36 on Friday, September 4, 2026, trading near its all-time high of $235.74 set in May. The stock's market capitalization reached approximately $5.562 trillion, solidifying its position as the world's most valuable publicly traded company, significantly ahead of Microsoft. Analyst sentiment remains mixed but generally positive regarding Nvidia's future prospects. Major institutions like Phillip Securities, Citigroup, and J.P. Morgan have raised or maintained high price targets between $300 and $320, citing strong AI server demand and strategic expansions into custom chips and automotive computing. Goldman Sachs maintains a neutral rating with a $300 target, while Seaport Research offers a sell rating at $180. The stock's recent momentum was driven by positive sector sentiment and two major corporate developments: Nvidia's announcement of a nearly $13 billion acquisition of AI platform Hugging Face and its preparation to file for an IPO. Additionally, Nvidia announced a $3.5 billion investment in MediaTek to strengthen its position against the trend of hyperscalers developing custom chips. The consensus analyst price target stands at approximately $324.23 with a Moderate Buy rating, reflecting 50 Buy ratings compared to 3 Hold ratings among covering analysts. The company continues to expand its ecosystem through strategic investments and acquisitions aimed at securing its dominance in the AI infrastructure market.