However, just this week analysts from Morgan Stanley and UBS raised their price targets on Nvidia stock to $160 and $185, respectively -- implying upside between approximately 10% and 28% as of market close on Nov. 11.

Thanks to five consecutive quarters of triple-digit revenue and profit growth, Nvidia stock has been on fire, up more than 900% (as of this writing) in less than two years. This has pushed the chipmaker's market cap above $3.

The company has regularly impressed the market with earnings ahead of expectations but it might struggle to do so this time.

Nvidia continues to see an increase in analysts' price targets, but there are two other updates investors should know about.