Technology | Equity Research | February 19, 2026
Target: $956.95
$950.0
42.9x
$22.17
1.98%
Conviction: Low
NVIDIA is the undisputed leader in AI hardware. Data center revenue has exploded, and software margins are expanding. NVIDIA Corp. is positioned to benefit from secular tailwinds in the Technology industry.
Risks: Sustainability of demand at current levels is debated. Export controls to China impact a significant portion of potential addressable market.
| Year | 2022 (A) | 2023 (A) | 2024 (A) | 2025 (E) | 2026 (E) | 2027 (E) |
|---|---|---|---|---|---|---|
| Revenue | $2011.8 | $2300.1 | $2594.5 | $2989.5 | $3473.2 | $3993.4 |
| Consensus Rev | - | - | - | $3059.3 | $3321.1 | $4010.8 |
| System Rev | - | - | - | $3124.1 | $3717.5 | $4220.7 |
| EBITDA | $717.2 | $546.7 | $1001.9 | $972.4 | $1225.5 | $1323.5 |
| EPS | $15.87 | $12.1 | $22.17 | $21.52 | $27.12 | $29.29 |
Breakdown: 19 Buy / 21 Hold / 8 Sell
The street remains generally holdish on the name.