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Nvidia's Q2 2027 revenue jumps 106%, with strong growth and $350 price target from analyst.

Company Fundamentals
02 Sep 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Nvidia reported a 106% year-over-year revenue increase in Q2 2027, reaching $96.2 billion, with guidance for $108 billion revenue in Q3 and a 74% non-GAAP gross margin. An analyst rates Nvidia as a strong buy with a $350 price target, citing the market's underestimation of the company's earnings cycle durability and growth potential. Risks include supply constraints, custom AI chip challenges, and geopolitical issues, but the valuation already factors in potential execution problems.

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