Nvidia Joins 2026 Best Idea List After $1T Order Run-Rate Revelation
New Street Research placed Nvidia on its 2026 best ideas list after Jensen Huang disclosed $1 trillion in orders through 2027, marking a $500 billion increase since October and establishing a run rate above $1 trillion annually. At this pace, Nvidia could exceed $20 in EPS while trading below 10x earnings.
1. Research Addition
New Street Research elevated Nvidia to its 2026 best idea list based on updated order insights, highlighting the stock’s long-term growth potential. Analyst Pierre Ferragu argued that investor reactions underestimated the significance of the latest figures.
2. Order Growth Revelation
At GTC this week, CEO Jensen Huang announced visibility into $1 trillion of orders through 2027, up from $0.5 trillion reported in October 2025. This indicates Nvidia added $500 billion in new orders over the past five months.
3. $1T Run-Rate Implications
The updated order book pushes Nvidia’s annualized run rate above $1 trillion, underscoring robust demand for its AI and data center products. Sustaining this level could significantly boost revenue visibility through 2027.
4. Earnings and Valuation Impact
With a potential $1 trillion revenue run rate, Nvidia may generate over $20 in earnings per share. Trading at under 10x projected EPS, the shares appear attractively valued given the company’s growth trajectory.