Shares of Nvidia Corporation (NASDAQ:NVDA) soared to a new all-time peak, closing at $158.72 per share, pushing the company’s market value to an impressive $3.84 trillion. This marks a substantial 22.6% gain over the past year, highlighting growing investor enthusiasm and confidence in Nvidia’s future.

The company’s remarkable performance is fueled by its dominant position in the GPU market and expanding opportunities in artificial intelligence and data center technologies. Over the last twelve months, Nvidia reported an outstanding 86% increase in revenue, reflecting strong demand and successful innovation.

Analysts remain optimistic about Nvidia’s prospects. Mizuho recently raised its price target for the stock from $170 to $185, while reaffirming an Outperform rating. The firm cited a robust outlook for data center sales, which are expected to approach $41 billion, alongside improved GPU supply and new product launches.

Cantor Fitzgerald echoed this positive sentiment by maintaining its Overweight rating and increasing its price target to $200, driven by rising earnings per share estimates for 2026, which have climbed 10% since the beginning of the year.

Beyond financial results, Nvidia’s technology continues to gain traction in diverse industries. For example, Cyngn leverages Nvidia’s Isaac platform to create autonomous industrial vehicles, as highlighted in a recent blog post. Similarly, defense contractor Northrop Grumman (NYSE: NOC) is broadening its use of Nvidia’s AI tools to enhance spacecraft missions, aiming to improve operational capabilities and develop new technologies.

These developments illustrate Nvidia’s expanding footprint across multiple sectors and reinforce its role as a key player in the tech landscape.

Nvidia stock price