Nvidia Unveils New AI Platform with 66% Yearly Revenue Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Fool
- New Product Launch: Nvidia unveiled the Vera Rubin platform at the annual trade show in Las Vegas, marking its first extreme-designed six-chip AI platform aimed at accelerating inference and training through efficient interconnected components, thereby solidifying its dominance in AI infrastructure.
- Significant Revenue Growth: In the fiscal third quarter of 2026, Nvidia reported a remarkable 66% year-over-year revenue increase, achieving a gross margin of 73.4% and earnings per share rising from $1.08 to $1.30, showcasing strong profitability.
- Market Concerns on Sustainability: Despite a staggering 1000% stock price increase over the past three years, market concerns about Nvidia's ability to sustain such rapid growth have led to relative stock price stability in recent months, with investors awaiting the fiscal fourth-quarter earnings report to guide future actions.
- Remarkable Investment Returns: A $10,000 investment in Nvidia ten years ago would now be worth $2.5 million, reflecting a 25,300% gain; while maintaining high growth poses challenges, the company's ongoing drive in AI development and protection of its competitive moat still make it an attractive option in a diversified portfolio.
Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NVDA is 255.63 USD with a low forecast of 185.00 USD and a high forecast of 352.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
40 Analyst Rating
38 Buy
1 Hold
1 Sell
Strong Buy
Current: 183.140
Low
185.00
Averages
255.63
High
352.00
Current: 183.140
Low
185.00
Averages
255.63
High
352.00
About NVDA
NVIDIA Corporation is a full-stack computing infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. The Company’s segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing platforms and artificial intelligence (AI) solutions and software; networking; automotive platforms and autonomous and electric vehicle solutions; Jetson for robotics and other embedded platforms, and DGX Cloud computing services. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating industrial AI and digital twin applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
