Nvidia Stock Has a Massive AI Tailwind. Here’s the Bull Case

Nvidia Stock Has a Massive AI Tailwind. Here’s the Bull Case

By Vandita Jadeja
Publication Date: 2026-10-13 17:00:00

Wall Street already sees 43% upside in NVIDIA, yet analysts keep raising their targets as the Vera Rubin ramp begins and hyperscaler budgets balloon toward $1.3 trillion. Here is exactly what has to happen for NVIDIA to blow past consensus…

NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) has shown AI demand keeps compounding in 2026. Shares are up 23.57% year-to-date at $229.92, with a five-year gain of 1008.58%. Data centers drive the business.

Second-quarter fiscal 2027 revenue reached $96.22 billion, up 105.8% year over year, with Data Center sales at $89.02 billion. CEO Jensen Huang said: “AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue.”

Below, I walk through what NVIDIA would need to do to reach $350 per share in 2027.

Wall Street Already Sees Roughly 43% Upside for NVIDIA

The average analyst price target is $328.72, meaning about 43% upside. The stock has 10 strong buys and 48 buys against 2 holds and 1 sell.

Consensus calls for EPS of $9.3073 in fiscal 2027 (ending January 2027) and $15.6951 in fiscal 2028, which works out to nearly 69% growth. Management expects fiscal 2028 revenue to grow approximately 70% and describes that outlook as supply-constrained.

Ninety days ago, the fiscal 2028 EPS estimate was $12.7102. Over the past 30 days it drew 46 upward revisions and zero cuts. NVIDIA has also beaten EPS estimates for six consecutive quarters. Most recently it reported $2.22…