Quick Read – Nvidia (NVDA) reported Q1 FY2027 revenue of $81.61B, up 85% year over year, with data center sales surging 92% to $75.25B, yet shares remain up just 13% year to date as China revenue guidance dropped to zero and $119B in supply commitments spook investors. – Nvidia…
ares could reach $400 by 2029 if earnings expand to $11-13 per share by fiscal 2028 and the Blackwell AI chip ramp sustains, but a hyperscaler capex pause or inventory buildup against massive supply commitments poses the primary risk. – Don’t wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now
NVIDIA (NASDAQ:NVDA) delivered $81.61 billion in Q1 FY2027 revenue, up 85.23% year over year, with data center sales hitting $75.25 billion, up 92%. Yet shares are only up 13.22% year to date, sitting at $211.14. CEO Jensen Huang calls this “the largest infrastructure expansion in human history.” Can NVIDIA shares reach $400 by 2029?
Why NVIDIA Shares Are Stuck Despite Record Earnings The disconnect is real. Even after a blowout quarter, NVDA is down 1.95% over the past week and barely positive 0.9% over the past month. Three headwinds weigh on the stock: First, China.