By Vandita Jadeja
Publication Date: 2026-09-28 15:00:00
NVIDIA just doubled its revenue while the stock barely moved, and now Wall Street and independent models disagree sharply on what comes next. The path to $350 exists, but it depends on three things going right at exactly the right…
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NVIDIA (NASDAQ:NVDA | NVDA Price Prediction | NVDA Price Prediction) just reported fiscal second-quarter revenue of $96.22 billion, up 105.85% year over year, with Data Center sales of $89.02B.
CEO Jensen Huang put it simply: “AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue.”
Even so, the stock is up only 20.73% year to date. Revenue doubled and the stock didn’t. So here’s my question: can NVIDIA reach $350 per share in 2027?
What’s Holding NVIDIA Back Right Now
Investors are worried about margins, supply and financing. Management expects gross margins to bottom in Q4 at 71% to 72% as memory costs rise. Supply commitments rose to $279 billion, and guidance leaves out China Data Center compute entirely.
Bloomberg noted a valuation warning sign this week, and Barron’s reported the stock fell after Huang’s comments on AI regulation (September 22 and 24).
Shares rose 2.42% over the past week and 5.56% over the past month. They remain below the $236 52-week high. At a beta of 2.217, NVIDIA moves much more…
:max_bytes(150000):strip_icc()/GettyImages-2158915723-2b76d8ca59784c15984af1f83db387c6.jpg?resize=1500,1000&ssl=1 "What Your Attachment to Nvidia and Apple Stocks Could Reveal About Your Investing Psychology")