Nvidia (NVDA) Stock: Jensen Huang Reiterates 70% Revenue Growth Forecast for 2027
TLDR
- Jensen Huang said he is “confident” in 70% year-over-year revenue growth for 2027, with unconstrained demand tracking above 100%
- Huang identified cybersecurity as the next major AI growth area, with partnerships already in place with CrowdStrike, Cisco and Palantir
- Nvidia’s system pricing has risen from $18,000 per Hopper GPU to $40,000 for the upcoming Vera Rubin
- The company now serves OpenAI, Google, Meta, Anthropic, xAI and nearly every major AI model developer
- Physical AI, including autonomous vehicles and robotics, is the other key growth area Huang outlined
Nvidia CEO Jensen Huang took the stage at the Goldman Sachs Communacopia and Technology Conference on Thursday, laying out a confident growth case for the company while pointing to cybersecurity as the next big frontier for AI.
NVDA stock was trading around $218 on Thursday, with the company carrying a market cap of $5.27 trillion and a P/E ratio of 27.6.
Huang repeated his forecast for 70% year-over-year revenue growth in 2027. He said unconstrained demand is actually tracking above 100%, but supply remains the limiting factor.
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