Trading Session: New York February 9, 2026
- Nvidia shares gained roughly 3% in the Monday, February 9, 2026 trading session, extending recent momentum as AI-linked stocks rebounded across the market.
- Wall Street sentiment stayed strongly positive, with several analysts reiterating Buy or Outperform ratings and lifting price targets on expectations of sustained data center and AI chip demand.
- Investors are watching Nvidia’s upcoming earnings and guidance, alongside developments around major AI partnerships and capital spending plans from large cloud customers.
On Monday, February 9, 2026, Nvidia Corporation’s (NASDAQ: NVDA) stock continued its volatile run in the wake of mixed but impactful industry news and fresh analyst commentary. In the regular trading session, NVDA shares closed up approximately 3.0 %, taking the stock to around $191.04 — gaining +3.04 % on the day amid renewed optimism following reports of strong AI spending plans by major tech firms and potential large-scale partnership developments with artificial intelligence leader OpenAI. Market data shows the stock has been rising steadily after a strong finish last week, where it surged double-digit percentages on broad tech gains.(finviz)
Nvidia’s share movement comes against a backdrop of a broader and uneven market mood. The Dow Jones Industrial Average and other major averages have seen gains driven by semiconductor strength, but tech stocks more broadly remain sensitive to evolving narratives around AI investment and profitability. The S&P 500 and Nasdaq have both exhibited resilience, reflecting investors’ willingness to rotate back into high-growth AI infrastructure names even as concerns about valuation pressures persist.(Reuters)
The catalyst behind Monday’s uplift was multifaceted. Reports earlier in the week suggested that Nvidia was close to committing $20 billion to an OpenAI funding round, significantly smaller than the previously touted $100 billion plan yet still meaningful in signaling ongoing cooperation between the AI powerhouse and the chip leader. While this potential investment has not been finalized, Nvidia CEO Jensen Huang publicly reaffirmed the strength of the Nvidia-OpenAI relationship, pushing back against narratives of any friction and emphasizing continued strategic alignment.(Reuters)
Wall Street analysts have been quick to reflect their confidence in Nvidia’s underlying fundamentals. On November 19, 2025, Wedbush raised its price target to $230 from $210 while maintaining an Outperform rating, citing robust revenue growth and strong gross margin expectations, and Melius Research lifted its target to $320 from $300, underscoring accelerated data center demand through fiscal 2027.(Investing)
Recent analyst sentiment remains broadly bullish. Rothschild & Co Redburn boosted its target to $268, maintaining a Buy stance amid continued record revenue and strong data center expansion trends. Additionally, a Citi note from early January 2026 reaffirmed a Buy rating with a $270 target after CES engagements, highlighting positive surprises from product showcases and conversations with Nvidia executives.(marketbeat)
Despite the positive moves, the trading session was not devoid of caution. Some market reports suggested slight cooling in pre-market sentiment tied to concerns over whether OpenAI’s anticipated larger investment will come through, as well as broader tech headwinds that have caused momentary pullbacks in Nvidia shares in preceding sessions. Nonetheless, most analysts maintain a range of price targets that, on average, sit well above current levels, reflecting a strong Buy consensus with targets stretching from approximately $140 to the low $350s.(marketwatch)
Looking ahead, traders and investors will be watching Nvidia’s upcoming earnings release scheduled for late February, where expectations include continued acceleration in data center revenue and updated guidance that could shape sentiment for the remainder of the year. Additional near-term catalysts include fresh data on AI capital expenditures from mega-cap clients, any formal confirmation of Nvidia’s contribution to the OpenAI funding round, and updates from competing AI chip vendors that could influence Nvidia’s relative market position. If Nvidia delivers earnings above consensus and clarifies its strategic partnerships, stock momentum could persist — but any signs of slowing demand or widening margins pressures could temper the recent rally.(fool)