Nvidia (NASDAQ: NVDA) reported robust fiscal Q4 2026 results, with revenue reaching $68 billion, a 73% year-over-year increase, well above analysts’ expectations of $66.2 billion. The company also posted adjusted earnings per share (EPS) of $1.62, up 82% from the previous year. The strong performance is attributed to a significant 75% revenue growth in its data center segment, totaling $62.3 billion.
Following these results, Wedbush analyst Matt Bryson maintained an outperform rating and raised his price target for Nvidia to $300, suggesting a potential 67% upside. Analysts estimate that Nvidia could increase its market cap to nearly $7 trillion if it achieves this price target, bolstered by predicted annual data center infrastructure spending of $1 trillion by 2028 and a projected capture of 30% of AI data center spending as profit.
