Nvidia shares are up 13.4% year to date, closing at $214.13 on October 16, after second-quarter revenue more than doubled to $96 billion. The author's model cuts fiscal 2028 growth to 60%, below the company's guide of about 70%, and reaches $436.49 by January 2031, a 103.8% total return. The Street's mean target of $328.72 sits 53.5% above the close, and most analysts rate the stock a Buy. The recent selloff was tied to rate-hike bets after hot inflation data and to the $50 billion debt load at CoreWeave, a cloud provider Nvidia backs and has agreed to support by buying unsold capacity. Nvidia's Q3 results are due November 17.
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NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/16/2026 | 214.13 |
| Change that session | -1.43% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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