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Nvidia (Nasdaq:Nvda) will again defeat Wall Street expectations, which is driven by the increasing demand for AI and its new Blackwell architecture.
With a strong sales forecast of 48 billion US dollars for the second quarter and the expectations for further growth by 2026, the company’s data center segment remains the primary growth engine and positions Nvidia for continuing leadership in the AI infrastructure.
Cantor Fitzgerald Analyst CJ Muse has increased his Prognosis For NVIDIA up to $ 240, citing the company’s blackwell-controlled expansion and the quick acceleration of AI investments.
Muse keeps his overweight rating for the share and notes that Nvidia’s sales will surpass the consensus estimates by 2026.
Muse pointed out that the company’s demand for artificial intelligence and the company’s new Blackwell architecture ramp.
The analyst assumes that Nvidia will provide a strong clock on August 27 and report the results of the second quarter. Sales of $ 48 billion and an EPS of $ 1.06 compared to consensus expectations of $ 45.8 billion and $ 1.00 per share.
The sales of data centers remain the core driver, with Muse alone forecasting 42.9 billion US dollars from this segment. With a view to the October Quartal, he estimates sales of 55 billion US dollars and $ 1.25 in EPS, again before consensus of $ 52.6 billion and $ 1.18, whereby the data center contributes around $ 49.9 billion.
In the long term, the sales revenues of Muse Nvidia Nvidia in the amount of $ 200 billion calendars 2025 and 300 billion US dollars are calendar 2026, well beyond the current street forecasts of $ 181 billion or $ 235 billion.
He projects the profit power of $ 4.85 per share in calendar 2025 and $ 8.00 in calendar 2026, compared to $ 4.37 and $ 5.89.
He emphasized the acceleration hyper -scale capital expenditure, which is expected to grow by 57% in the 2025 calendar and in the 2026 calendar, a global global global sovereigns -KI investment pipeline of 1.5 trillion dollars and an increase in the introduction of companies as important drivers of this expansion.
Muse recognized the ongoing headwind in China due to H20 export restrictions and tariffs, but argued that most models of the sales pages already exclude these income.
All unexpected programs in the region could therefore turn the current estimates upside down. He also found that the gross margins from Nvidia should reach the center-70%range to the late calendar in 2025, supported by mixing the mix for Blackwell products and persistent efficiency gains.
The analyst underlined that the roadmap from Nvidia beyond Blackwell, including its Rubin platform, further strengthens visibility in the 2026 calendar and positions the company for a continuing leadership in the AI infrastructure.
