Nvidia's conservative 70% revenue growth target for fiscal 2028, combined with a 25x forward P/E multiple, suggests a potential stock price range of $388 to $512 by early 2028.
Nvidia's fiscal 2028 guidance implies ~70% revenue growth, and applying a conservative P/E multiple suggests significant stock price appreciation by January 2028.
Nvidia stock is positioned for significant long-term appreciation as the company targets 70% revenue growth by fiscal 2028. Despite a cooling in recent price momentum, supply-constrained guidance and expanding demand from industrial and sovereign AI sectors suggest substantial upside potential for investors through 2028.
CEO Jensen Huang stated that 70% represents the company's supply-limited capacity, noting that actual customer demand is currently higher than what the supply chain can deliver.