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<Research>BOCOMI: NVIDIA's LT Growth Visibility Enhanced; TP Raised to USD260
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BOCOM International released a report on NVIDIA (NVDA.US), which reported revenue of USD68.1 billion for 4QFY26, topping the previous guidance midpoint of USD65 billion and street consensus. The non-GAAP gross margin stood at 75.2%, above the previous guidance midpoint of 75%.

Looking ahead to the full year of 2026, management guided that revenue may grow QoQ, but did not provide guidance on the growth pace, and mentioned that the first batch of Vera Rubin products had been sampled to customers earlier this week.

Related NewsInitial Jobless Claims for Feb/21 in United States is 212K, higher than the previous value of 208K. The forecast was 215K.
The broker raised NVIDIA's revenue forecasts for FY27 and FY28 to USD354.5 billion and USD455.7 billion, respectively, and increased the non-GAAP EPS forecasts to USD8.06 and USD10.52. The target price was added to USD260. The broker considered the stock price as attractive.
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