As Nvidia's GTC 2026 keynote begins, analysts point out that despite the company's disclosure of strong quarterly revenue of $68.1 billion, its stock price remains near its yearly low of $171, presenting a potential buying opportunity for investors. MarketBeat data shows that 53 analysts maintain a "buy" rating on Nvidia and predict the stock could reach $400 within the next 12 months, representing a potential upside of 120% from the current price of $180. This forecast is primarily driven by optimism surrounding Nvidia's artificial intelligence ecosystem and the next-generation Vera Rubin architecture.

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