Nvidia Has Already Made Investors Rich. Here’s Where the Stock Could Be Headed Next

Nvidia Has Already Made Investors Rich. Here’s Where the Stock Could Be Headed Next

By Vandita Jadeja
Publication Date: 2026-10-09 16:30:00

Nvidia stock has already handed investors gains most people only dream about, yet Wall Street analysts keep raising their targets and the company’s newest chips are just hitting the market. Here is what needs to go right for the stock…

Chief executive Jensen Huang summed up the business in four words on the latest earnings call: “Now, compute is revenue.” NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) started out selling graphics cards to gamers. Today it sells whole AI factories: the Vera CPU, the Rubin GPU, NVLink and Spectrum-X networking.

Investors have been well paid along the way. Shares are up 26.86% year-to-date, 1,043.02% over five years and 13,955.94% over ten years, and the stock just reached a record high. Vera Rubin is now shipping, so here’s what NVIDIA would need to do to hit $400 per share in 2027.

Wall Street Already Sees Nearly 39% Upside

The average analyst price target is $327.70. That’s 38.8% above today’s $236.05. Analysts are nearly unanimous: 10 rate the stock a strong buy, 48 a buy and only 1 a sell. For fiscal 2028, which ends in January 2028, the Street expects revenue of $682.7 billion, up 66%. EPS is forecast at $15.6826, up 69%.

Those estimates keep moving higher. Ninety days ago, the fiscal 2028 EPS estimate stood at $12.6737. Over the past 30 days, analysts made 42 upward revisions and zero down ones.

NVIDIA has also exceeded EPS expectations in each of the past 15 quarters, most recently posting $2.22 against a $2.09 estimate….