UBS Sets $245 Target as NVIDIA Reports $68B Q4 Revenue, 73% Growth
UBS maintained a Buy rating on NVIDIA with a $245 price target and noted a backlog extending into 2027 after fiscal Q4 revenue of $68 billion and adjusted EPS of $1.62 beat forecasts. Hedge fund manager Daniel Loeb increased his NVDA stake as revenue soared 73% year-over-year.
1. Fiscal Q4 Earnings Beat Expectations
NVIDIA reported fiscal Q4 revenue of $68 billion, surpassing consensus by roughly $2 billion, and delivered adjusted EPS of $1.62, outpacing forecasts by $0.08, driven by robust GPU demand across data center and AI deployments.
2. Extended Product Backlog into 2027
The company’s order backlog now runs into 2027, underpinning UBS’s decision to maintain a Buy rating and a $245 price target as supply constraints and sustained enterprise demand bolster revenue visibility.
3. Institutional Buying Signals Confidence
Hedge fund manager Daniel Loeb increased his NVIDIA stake in the latest portfolio filing, reflecting institutional confidence in the company’s AI leadership and strong 73% year-over-year revenue growth.