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Nvidia doubles revenue but stock lags; $350 target depends on margins, supply, and AI growth.

Company Fundamentals
28 Sep 2026
24/7 Wall Street
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Bullish
Nvidia doubles revenue but stock lags; $350 target depends on margins, supply, and AI growth.

Nvidia reported a 106% revenue increase to $96.22 billion, driven by strong Data Center sales, yet its stock rose only about 20% year-to-date. Investors remain cautious due to concerns over rising memory costs impacting margins, supply constraints, and regulatory risks. Wall Street analysts see potential for a 46% stock gain to $327.7, while models are more conservative. For Nvidia to reach $350 per share in 2027, it needs successful ramp-up of new products, stable gross margins around 72-73%, and sustained high growth with investors willing to pay a 27x forward P/E. Risks include supply issues and margin pressure from memory costs, but the company’s strong AI demand and earnings growth support a bullish outlook.

As of Sep 28, 2026 22:12 WIB, Nvidia shares trade at USD 230.48 on Pluang, showing a 1-day gain of 2.40%. The stock's market capitalization stands at $5.43 trillion, reflecting significant investor interest despite cautious sentiment around margin pressures and supply constraints. Notably, the typical hold time on Pluang is 115 days, indicating a moderately long-term investment horizon among users.

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