Goldman Sachs: NVIDIA's target price is $250 and is expected to reach $6.73 billion in revenue in Q4.

Goldman Sachs believes that NVIDIA is expected to bring in a revenue "surprise" of $2 billion. Goldman Sachs analysts project that NVIDIA's revenue for the fourth quarter of the 2025 fiscal year will reach $67.3 billion, exceeding market expectations on the profit side as well. "We expect NVIDIA's revenue in the fourth quarter to exceed expectations by about $2 billion, and our forecast for revenue in the first quarter is also 8% higher than market consensus," Goldman Sachs analysts wrote in a research report. "We expect earnings per share for the fourth quarter and the first quarter to be 5% and 9% higher than the market, respectively." However, Goldman Sachs also warned that the market may have already priced in strong quarterly performance in the stock price, and investors' focus may shift from short-term performance to performance guidance for 2026 and 2027. Goldman Sachs believes that multiple catalysts are expected to drive NVIDIA's stock price higher, and has given a target price of $250, representing approximately a 35% increase from the closing price on February 6th. Analysts predict that Rubin GPU will start shipping in the third quarter of 2026, with significant volume in the fourth quarter and beyond, supporting the company's strong growth at least until 2028.