Nvidia Poised for Explosive Growth as Data Center Demand Surges

Nvidia's earnings estimates have surged ahead of its share price, and an upcoming product ramp could fundamentally change revenue projections. The company's data center business is expected to grow rapidly, driven by demand from hyperscalers such as AWS and OpenAI.

The stock closed at $225.07 on September 25, with a market cap of $5.43 trillion. Analysts have raised the fiscal 2028 EPS average from $12.6737 90 days ago to $15.6826, with 42 upward revisions and zero downward over 30 days.

Nvidia's upcoming product ramp is expected to bring in significant revenue, particularly driven by Vera Rubin, which management expects will make up about 20% of data center revenue next quarter. The company has approximately $99B left on its buyback authorization and a return on invested capital of 92.2%, supporting a high-growth position.

The stock is expected to hit $335 per share by September 27, 2028, with a market value of about $8.09 trillion. This represents a roughly 49% increase from the current market cap and requires a multiple of about 21x the fiscal 2028 consensus EPS.