Wall Street is overwhelmingly optimistic where Nvidia is concerned. Among the 69 analysts who follow the company, 87% have a buy rating on the stock and the median target price is $160 per share. That implies 18% upside from the current share price of $135.

Nvidia stock was rising early Friday, as President Donald Trump said he was close to landing another deal that would send more American-made artificial-intelligence chips to the Middle East. Shares climbed 0.