The expansion of NVIDIA AI could bring its income to $ 300 billion by 2026, said the analyst
Nvidia (Nasdaq: NVDA) should again beat the expectations of Wall Street, motivated by the growing demand for AI and its new Blackwell architecture.
With a high income forecast of $ 48 billion for the second quarter and expectations of continuous growth until 2026, the company’s data centers segment remains the main growth engine, positioning NVIDIA for sustainable leadership in AI infrastructure.
Cantor Fitzgerald Analyst CJ Muse has increased its price forecasts for NVIDIA at $ 240, citing the expansion of the company focused on the company’s Blackwell and the rapid AC investment.
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Muse maintains its overweight note on the stock, noting that Nvidia’s income should exceed consensus estimates until 2026.
Muse underlined the growing demand for artificial intelligence IT and the company’s new blackwell architecture ramp.
The analyst expects Nvidia again to deliver a solid pace and increase when he reports the budgetary results of the second quarter on August 27. It projects a turnover of $ 48 billion and a BPA of $ 1.06 compared to consensual expectations of $ 45.8 billion and $ 1.00 per share.
Sales of data centers remain the main engine, a muse providing $ 42.9 billion in this segment alone. In the sense of the October quarter, he estimates $ 55 billion in revenue and $ 1.25 in BPA, again before consensus at $ 52.6 billion and $ 1.18, with a data center contributing to around $ 49.9 billion.
For the long term, Muse models income from the Nvidia data center at $ 200 billion in 2025 and $ 300 billion calendar on the 2026 calendar, well above current street forecasts of $ 181 billion and 235 billion dollars, respectively.
It projects a profit power of $ 4.85 per share on calendar 2025 and $ 8.00 in calendar 2026, compared to consensus at $ 4.37 and $ 5.89.
He highlighted the acceleration of capital expenditure of the hyperscaller, should increase by 57% in the calendar 2025 and 20% on the 2026 calendar, a global sovereign investment pipeline of $ 1.5 billion of dollars and an increasing adoption of companies as key engines of this expansion.
Muse has recognized the ongoing opposites in China due to H20 restrictions and export rates, but argued that most models on the sale on the exclusion already exclude these income.
Any unexpected shipment to the region could therefore provide the increase in current estimates. He also noted that the raw margins of Nvidia should reach the middle of 70% by the 2025 late calendar, supported by the change in mixing with Blackwell products and continuous efficiency gains.
The analyst pointed out that the Nvidia roadmap beyond Blackwell, including his Rubin platform, further strengthens visibility in the 2026 calendar and positions the company for sustainable leadership in AI infrastructure.
