Wells Fargo matched that $265 target (from $220) but went further on the long-term math. They now model $209 billion in revenue for FY26, $301 billion for FY27, and nearly $383 billion for FY28 — growth curves that would have been dismissed as fantasy a year ago. Their logic is that hyperscalers haven’t slowed down, and until they do, Nvidia’s numbers are still too low.Oppenheimer just bumped its price target to $265 (from $225) and sketched out a quarter at $55 billion — the kind of glide path most compani ...

价格目标与评级调整 - Oppenheimer将英伟达目标价从225美元上调至265美元并维持跑赢大市评级 对即将发布的财报表示乐观 [1] - 公司认为第三财季和第四财季的营收共识预期547亿美元和615亿美元以及每股收益共识预期125美元和142美元存在上行潜力 [1] 财务与业务驱动因素 - 业绩上行潜力主要由市场对英伟达新款GB300 Ultra芯片的强劲需求所驱动 [1] - 超大规模企业和云服务提供商因人工智能基础设施需求激增而持续扩大资本支出 [2] - 首席执行官黄仁勋在公司GTC数据中心活动上预测到2026年底Blackwell和Rubin平台累计收入将达到5000亿美元 [3] 市场地位与机遇 - 英伟达的NVL72机架级系统仍是领先的AI每瓦性能平台尽管供应紧张和积压订单增加问题持续存在 [2] - 公司指出指数级AI增长动力包括推理和代理AI正在推动各行业采用 [3] - 中国500亿美元的市场机会尚未纳入模型但公司估算英伟达在云、主权和企业市场的总可寻址市场达4万亿美元 [4] - Oppenheimer重申看涨立场认为英伟达处于引领AI时代的最佳位置 [4]