Nvidia (NASDAQ: NVDA) opened Wednesday around $187, down roughly 1.3% since the start of 2026. Despite the early-year slip, investor enthusiasm around AI keeps the chipmaker squarely in the spotlight: its GPUs remain central to high-performance AI workloads, giving Nvidia a visibility edge over many rivals. With shares now trading below $200, some traders are asking whether this is a good accumulation point. Market watchers note the stock is near its yearly low and could have further downside, but others see the pullback as a buying opportunity ahead of potential AI-driven gains. A recent forecast from analytics firm TipRanks suggests Nvidia won’t quite double in 2026 but could come close. TipRanks projects an upside of about 88.5% for the year, implying a potential peak near $352. By that estimate, a $1,000 stake today could be worth roughly $1,885 if the prediction pans out — a substantial one-year return, even if it falls short of a 100% gain. Nvidia continues to be one of the market’s most sought-after names among both retail and institutional investors. Trading activity has remained strong over the past five years, and many investors view NVDA as a long-term holding that could deliver outsized returns over multi-year horizons. As always, price targets and forecasts are estimates, not guarantees. Investors should weigh the upside potential against downside risks and conduct their own research before making investment decisions. Read more AI-generated news on: undefined/news