- NVIDIA stock outperformed the S&P 500 and its sector, climbing approximately 8% over the past month.
- Rosenblatt Securities raised its aggressive Nvidia price target to $325 from $300 on March 18, far above the Wall Street consensus around $267.
- CEO Jensen Huang cited seeing over $1 trillion in demand and purchase orders for the company’s Blackwell and Rubin platforms through fiscal 2027.
On March 18, Rosenblatt Securities increased its aggressive price target for Nvidia (NVDA) stock to $325, while Nvidia closed at $198.87 on April 15. Consequently, the chipmaker’s shares gained 1.2% that day, outperforming the broader market. Meanwhile, the stock has also climbed around 8% over the past month, beating both its sector and the index.
The firm’s upgrade was driven by strong fourth-quarter results and management meetings. Nvidia reported revenue of $68.13 billion for Q4, a 73% year-over-year jump that exceeded analyst consensus. Non-GAAP earnings per share also topped estimates by 9 cents, coming in at $1.62.
CEO Jensen Huang affirmed the robust outlook during a recent presentation. “We saw $500 billion of very high confidence demand and purchase orders for Blackwell and Rubin through 2026,” he stated. Huang added, “Right here where I stand, I see, through 2027, at least $1 trillion dollars.”
Analysts now see the company’s next earnings release on May 27, 2026 as a critical test. However, current projections from firms like Zacks, which rates NVDA a Strong Buy, remain optimistic. Data shows Zacks projects annual EPS at $8.03 and revenue reaching $352.22 billion for the fiscal year.
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