NVIDIA’s Q3 earnings release exceeded expectations, with revenue growth over 60% annually. CEO Jensen Huang reported GPUs and GPU capacity are sold out, with clear visibility through the following calendar year. Analysts predict a significant upside, with an average price target of $262 and a high-end target of $350.

NVIDIA’s Q3 results showed strength across all segments, leading to a forecast of $500 million in Blackwell and Rubin revenue over the next five quarters. Analysts believe current forecasts for 2026 could be 100% off, prompting a bullish response with nine price target revisions favoring the market.

Institutional ownership of NVIDIA stock remains strong at 65%, with expectations of increased buying activity following the positive Q3 results. The company’s financial strength, net cash positive balance sheet, and growing cash pile of over $60 billion bode well for future growth and shareholder value.

NVIDIA’s strong Q3 earnings triggered a buy signal, with shares jumping more than 5% in premarket trading. Despite initial technical vulnerabilities, the stock found support at key trend levels, indicating a favorable position to benefit from the accelerating AI cycle.

Read more at Nasdaq: NVIDIA Just Proved the AI Boom Is Bigger Than Anyone Thought