Eseandre Mordi
Nvidia just got a major vote of confidence from one of Wall Street's biggest banks — and the numbers behind it are hard to ignore. Citigroup has maintained its Buy rating on NVDA and set a $270 price target, implying roughly 48% upside from the stock's current trading level around $183.
Citi Forecasts $67B Q1 Revenue and 34% Sales Acceleration in H2 2026
Citi's analysts expect Nvidia's near-term financials to come in well ahead of what the broader market is pricing in. Their first-quarter revenue estimate sits at $67 billion — about $1.4 billion above consensus — while second-quarter guidance is projected around $73 billion.
AI demand now extends into 2027, with Nvidia's mid-March GTC conference expected to present inference roadmaps and updated guidance.
Looking further out, the bank sees sales accelerating by 34% in the second half of fiscal 2026, fueled by the rollout of Nvidia's B300 and Rubin AI platforms. Even with rising operating costs, gross margins are expected to approach 75% by fiscal 2027. This kind of forward momentum is part of why NVDA price targets raised has become a recurring headline across financial media.
AI Infrastructure Boom Keeps Nvidia in the Spotlight Through 2027
What really stands out in Citi's report isn't just the price target — it's the visibility. AI demand, which once felt cyclical and hard to predict, now looks extended well into 2027.
Nvidia's mid-March GTC conference is shaping up to be a key moment, with inference roadmaps and fresh guidance expected to give investors a clearer picture of where revenue is heading. Ongoing data center buildouts and AI infrastructure expansion continue to be the backbone of that growth story — the same trends driving momentum as NVDA stock hits record high on AI demand.
The broader takeaway is that the semiconductor sector remains tightly linked to AI spending cycles — and for now, those cycles show no sign of cooling. Upcoming roadmap disclosures from Nvidia could set the tone for tech sentiment heading into the second half of the year, much like when NVDA stock eyes $200 as next target captured the market's attention earlier this cycle.
Eseandre Mordi
