On August 27, NVIDIA rose 6.02% in regular trading, trading at $223.605/share with turnover of $6.708 billion, following a blockbuster Q2 FY2027 earnings report and exceptional forward guidance.

NVIDIA reported Q2 revenue of $96.2 billion, surpassing analyst estimates of $92.38 billion, with year-over-year growth exceeding 100%. Data center revenue reached $40 billion, up 138% year-over-year. The company guided Q3 revenue to approximately $108 billion, above the $105.15 billion consensus. Most notably, CFO Colette Kress projected FY2028 revenue growth of approximately 70%, dramatically exceeding the prior Wall Street consensus of 44%.

Multiple analysts raised price targets in response: Raymond James to $515, Bernstein to $400, Rosenblatt to $390, Bank of America maintained $350, Citi to $315, and UBS to $300. JPMorgan called the 70% guidance potentially conservative given accelerating agentic AI adoption and sovereign compute demand, raising its target to $320.

Management noted Q3 gross margins of approximately 74%, with a trough expected at 71-72% in Q4 due to memory cost inflation, before stabilizing in FY2028 Q1.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)