Nvidia (NASDAQ:NVDA) CEO Jensen Huang made a number of interesting announcements during his CES keynote, but it wasn’t the blockbuster news that investors were hoping for.
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This is essentially the view of benchmark analyst Cody Ackley, an analyst who ranks in the top 2% of Street stock experts, and who believes many investors are “more specific about Blackwell’s launch.” I believe they are looking forward to updates on progress and some input on how the company is progressing. Rubin, the next generation GPU platform. ”
Mr. Huang affirmed Blackwell’s performance leadership, noting that the platform is fully operational with nearly every cloud service provider utilizing the system in various configurations. He also detailed the complexity of the system, which weighs 1.5 tons and consists of 60,000 components interconnected by two miles of 5,000 copper cables.
Impressively, many of them had already attracted market attention. Meanwhile, Acree notes that its next-generation platform is expected to debut in 2026, although Rubin was not mentioned.
In terms of hardware, Nvidia has officially announced the next generation GeForce RTX 50 series desktop and notebook GPUs built on the Blackwell architecture. The remaining announcements focused on what the company called the “era of AI agents” or “agent AI,” highlighting progress in developing a variety of models. The system consists of domain-specific task expert models, including a family of models based on Meta’s Llama LLM, branded by Nvidia as Nemotron Language Foundational Models.
Nvidia also introduced the Cosmos platform, a suite of generative world foundation models designed to accelerate the development of physical AI systems such as self-driving cars and robots. These models are provided under an open model license.
Finally, Nvidia joins Toyota, Aurora, and Continental in a growing group of global mobility leaders that use Nvidia’s accelerated computing and AI platform to develop and deploy consumer and commercial vehicle fleets. We announced that. Toyota plans to build its next-generation vehicles on Nvidia’s DRIVE AGX Orin platform, powered by the company’s DriveOS operating system. According to reports, many automakers, truck manufacturers, robotaxi and autonomous delivery vehicle companies, and mobility startups are leveraging the semi-largest DRIVE AGX platform. Nvidia’s automotive industry is poised for significant growth, with sales expected to reach approximately $5 billion in fiscal year 2026.
“Overall, we thought it was a strong kickoff to this year’s CES,” the 5-star analyst summed up.
To this end, Acree rates NVDA stock a Buy, with a price target of $190, implying a 39% one-year upside for the stock. (Click here to see Acree’s track record)
This isn’t a controversial view on Wall Street, and while 36 other analysts join Ackley’s bulls, 3 Holds doesn’t hurt the Strong Buy consensus rating. Given the average price target of $178.16, forecasts call for a 12-month return of 26%. (See NVIDIA stock price forecast)
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Disclaimer: The opinions expressed in this article are solely those of the featured analysts. Content is for informational purposes only. It is very important to perform your own analysis before making any investment.
