Wall Street Anticipates Nvidia’s Q4 Earnings Surge Amid AI Infrastructure Boom
Nvidia prepares to report fourth-quarter fiscal 2026 earnings on February 25, with analysts projecting a 71% year-over-year increase in earnings per share to $1.52 and a 67% revenue jump to $65.58 billion. The chipmaker's dominance in AI infrastructure remains unchallenged, bolstered by its Rubin chips and CUDA software ecosystem.
Alphabet's planned $175-$185 billion capital expenditure for AI infrastructure in 2026 signals robust demand for Nvidia's GPUs and Broadcom's custom chips. Despite trading at a modest 25 times forward earnings—below Alphabet's 28x and Broadcom's 34x—Nvidia's stock carries an average price target of $260.38, implying 42.4% upside potential.
The market's confidence in Nvidia contrasts with recent volatility, as shares have dipped nearly 2% this year amid broader concerns about AI sector valuations. Thirty-seven analysts maintain Buy ratings, underscoring the company's pricing power and technological moat.