By Proactive
Publication Date: 2026-05-15 16:51:00
Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) has a new $275 price target from UBS, up from $245, as the firm raised its outlook on stronger earnings power and expanding AI-driven demand.
The revision is based on a 19x multiple applied to revised 2027 earnings per share of $14.35, reflecting increased confidence in the company’s data center growth trajectory.
Nvidia is expected to deliver a strong first quarter performance, with UBS forecasting revenue of around $81 billion, implying a roughly $3 billion beat versus the midpoint of consensus estimates at $78 billion.
The bank also sees second-quarter guidance coming in “at least as good as investor bogeys” in the $90 billion to $91 billion range.
UBS said Nvidia’s next-generation Rubin chip and compute board production remains on track, though some system-level adjustments could affect timing. It noted that “some fine tuning on rack-level cooling issues seems to be pushing mass production for racks into the September/October timeframe,” but added that robust demand for Blackwell should help smooth near-term supply timing. The firm also said ODM partners could extend production into year-end, potentially offsetting any short delays.
Capital returns are expected to be a major focus in the upcoming results. UBS is watching for “both share repurchases and a potential increase in…
