Nvidia’s $300 Price Target Explained | Durham News

Nvidia, the AI chip titan worth over five trillion, just got a bullish overweight rating with a $300 price target—yes, even Wall Street thinks it’s still undervalued. Q2 revenue soared to $96.2 billion (+106% YoY), driven by its data center juggernaut and a jaw-dropping 75% gross margin. Analysts project 47% annual revenue growth and $30 EPS by 2030—up from $4.77 in 2026. But clouds loom: the Justice Department is probing Nvidia’s $20B Groq deal for antitrust loopholes, which could slow expansion. The real test? November’s earnings, where they’re guiding to $108B revenue—and whether that $300 target (on a 14x multiple) is conservative or crazy optimistic. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/9462cd536f8a5368