Goldman Sachs Raises Nvidia Earnings Outlook with $2 Billion Revenue Beat Forecast

Goldman Sachs has revised its earnings outlook for Nvidia, projecting a $2 billion revenue beat for the fourth quarter and an 8% revenue advantage for the first quarter of 2026. According to NS3.AI, the firm's price target for Nvidia is set at $250, suggesting a 35% upside from the current stock price. Key factors driving this growth include increased hyperscaler spending, heightened AI demand from companies like OpenAI, and expanding sales in China. However, potential risks include a slowdown in AI spending and rising competition.