Analysts project 39% upside for NVDA if data center growth and capex trends sustain despite valuation risks.
Nvidia reported $81.6 billion in revenue, an 85% year-over-year increase, driven by $75.2 billion in data center sales and $14.8 billion in networking revenue. Shares trade at $215.33 with a forward P/E of 27x, the lowest relative to growth in years.
The $300 price target requires a 39.3% gain and a forward P/E of 38x, contingent on Blackwell 300 adoption, Q2 revenue exceeding $91 billion guidance, and easing rate-hike concerns. Risks include $119 billion in supply commitments amid potential hyperscaler capex pauses.
Shares dipped 4.43% over the past week despite the earnings beat, reflecting investor caution over execution risks and macro pressures.