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.

Related: Analysts revisit Nvidia stock price targets with Q3 earnings in focus Whether it's cars, real estate or Beanie Babies, somebody somewhere is telling you've got to buy whatever they're selling right here and now or forever hold your peace.

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.

Nvidia Corp's results in the coming week could guide the U.S. stock market on its next path, as investors turn their focus to the technology sector and artificial intelligence trade after an election-fueled rally stalled.

Earnings season is nearly over, with 92% of the S&P 500 having reported results for fiscal quarters at the end of Thursday, according to FactSet. The standout company among those yet to report is Nvidia Corp.

Shares of Nvidia (NASDAQ: NVDA) are close to new highs heading into the next earnings report on Nov. 20. Earnings season can lead to wild swings in stock prices, but one analyst believes Nvidia shares are worth buying now.