Goldman Sachs anticipates a strong performance from NVIDIA ahead of its February 27 quarterly results. The investment bank projects NVIDIA will exceed revenue expectations by approximately $2 billion. Fourth-quarter earnings per share estimates sit 5% above consensus. First-quarter earnings per share estimates stand 9% above consensus.
Goldman Sachs maintains a buy rating with a $250 price target. Analysts suggest the stock price already reflects much of the potential upside for 2026. Near-term performance now depends on revenue visibility extending into 2027.
Increased capital expenditure from hyperscalers serves as a primary catalyst for outperformance. Growing demand from new customers provides additional support for the stock.