Dmytro Kharkov

Nvidia stock consolidates at $183 as Tigress Financial raises price target, keeps Strong Buy

Nvidia stock consolidates at $183 as Tigress Financial raises price target, keeps Strong Buy
Tigress raises Nvidia price target to $360, reiterates Strong Buy

​Nvidia shares’ dynamics reflects the balance between bulls’ and bears’ power in the market. As of March 6, Nvidia stock is trading at $182.94, up 0.1% over the past 24 hours. The current period of consolidation is logical after the strong long-term rally caused by artificial intelligence innovations.

Highlights

  • Nvidia stock is consolidating near $183, with the main support around $175 and resistance near the $195–$200 zone.
  • Tigress Financial raised its price target to $360 and reiterated a Strong Buy rating. The analysts emphasize Nvidia’s dominance in AI infrastructure and strong Blackwell-driven growth.
  • If the stock breaks above $195, it could reach $210–$220, while a drop below $175 may facilitate further correction.

Nvidia shares remain just below the 50-day moving average near $185. It has emerged as a strong resistance after several unsuccessful attempts to reclaim this level over the past two weeks. The stock is trading in the stable range between $175 and $195. However, this consolidation may create a foundation for a renewed bullish rally in the medium term.

The 200-day moving average sits near $175. Currently, it represents the most important technical support on the chart. However, short-term momentum indicators confirm weakening upside pressure, but bears still cannot achieve a full reversal. The relative strength index is around 40–45 (neutral), after the stock exited the overbought territory earlier this year. If buyers defend the support, a rebound becomes more likely.

Nvidia shares price performance (January 2026 – March 2026). Source: TradingView.

Volume trends confirm the consolidation dynamics. Trading volumes have declined compared with the peaks seen during Nvidia’s 2025 rally. It means that many institutional investors are holding positions rather than redirecting their capital to other assets.

AI spending outlook drives Nvidia bullish case

Tigress Financial Partners raised its price target on Nvidia to $360 while maintaining a Strong Buy rating. It confirms the positive expert consensus surrounding the semiconductor leader. The new target means that price dynamics mostly follows Wall Street expectations. Most experts believe Nvidia to have a significant potential much beyond its current capitalization of $4.46 trillion.

Tigress Financial Partners emphasized Nvidia’s continued dominance in AI data center infrastructure and GPU accelerators as the central driver of revenue expansion, profitability, and cash flow growth. According to Tigress, the company’s latest fiscal fourth-quarter results indicated the strength of the AI cycle. The ramp-up of the Blackwell architecture played a major role in strengthening Nvidia’s leadership in the AI compute segment.

Looking ahead, Tigress mentioned Vera Rubin platform, which is expected to further strengthen the company’s competitive position. The firm estimates Nvidia’s AI opportunity pipeline that now exceeds $500 billion. Meanwhile, industry forecasts suggest total global AI infrastructure spending could reach $3 trillion to $4 trillion by 2030. This investment cycle explains long-term bullish outlook for the company.

Key technical levels and breakout scenarios

The base scenario is continued consolidation between $175 and $195 as investors digest the stock’s earlier gains. In this environment, Nvidia could oscillate within this range while building a technical base for the next upward move. Such sideways movement would also allow momentum indicators to reset after the stock’s earlier rally.

A bullish scenario becomes possible if the stock successfully breaks above $195 and reclaims the $200 level. It may attract momentum traders and institutional inflows, potentially pushing Nvidia toward $210–$220 in the short term. A sustained move above $200 could also trigger algorithmic buying and reinforce the broader uptrend.

Earlier, we reported that Nvidia signed a multiyear agreement with Lumentum that includes a $2 billion equity investment and large-scale purchases of advanced laser components for AI data centers. The deal secures Nvidia’s access to critical optical technologies while supporting the expansion of U.S. manufacturing to meet growing global AI infrastructure demand.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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