Blackwell, Vera Rubin AI Launch Drives Nvidia’s 12% Rally and 32% Upside
NVDA•Nvidia shares have risen 12% as the company rolls out Blackwell and Vera Rubin AI systems, fueling FY2027 revenue growth forecasts of 72% and compressing forward multiples to 24x P/E and 13x P/S. JPMorgan’s $265 price target implies 32% upside while Alphabet is now within $200 billion of Nvidia’s market valuation.
1. Blackwell and Vera Rubin Rollout
Nvidia recently launched its Blackwell and Vera Rubin AI models, positioning the company as an end-to-end AI factory system provider. Deployment of these platforms has contributed to a roughly 12% share price increase since the last coverage.
2. Forward Multiples and Growth Forecasts
Consensus estimates project FY2027 revenue growth of approximately 72%, driving forward valuation to around 24x price-to-earnings and 13x price-to-sales. The significant growth outlook has compressed these multiples compared with sector peers.
3. Analyst Price Target
JPMorgan has assigned a $265 price target on Nvidia, suggesting a potential 32% upside from current levels. This reflects confidence in the company’s data center expansion and full-stack AI offerings.
4. Market Value Race with Alphabet
Nvidia’s market capitalization remains significant, yet Alphabet is now within $200 billion of overtaking Nvidia as the world’s largest public company. This narrowing gap underscores intensifying competition among leading AI-focused technology firms.
