Wow new NVDA PT $320 (Patreon)

HSBC Lifts NVIDIA’s Price Target to a Street-High $320

Last week, Cantor set a $300 target for Nvidia — now HSBC tops it with a $320 price target, citing massive long-term upside.

HSBC upgraded the stock after forecasting a 36% revenue beat vs. consensus for FY27, driven by explosive GPU demand:

“We upgrade Nvidia to Buy on the back of a larger FY27e GPU TAM, raising our datacenter revenue forecast to $351B — 36% above consensus at $258B.”

If Nvidia hits $11 EPS and $351B in revenue by 2027, it would trade at:

27x forward earnings

21x forward price-to-sales

Both cheaper than today’s multiples, despite the aggressive growth outlook. Happy I have a very nice sized bag. I will buy more on any dips to $160 range