--- title: "In \"Major Banks,\" China International Capital Corporation raised NVIDIA's target price to $240.6, with both performance and guidance exceeding expectations" description: "CICC released a report stating that NVIDIA's Q4 performance for fiscal year 2026 and guidance for the first quarter both exceeded expectations, mainly due to strong demand for Agent inference. It is e" type: "news" locale: "en" url: "https://longbridge.com/en/news/277164171.md" published_at: "2026-02-27T08:13:51.000Z" --- # In "Major Banks," China International Capital Corporation raised NVIDIA's target price to $240.6, with both performance and guidance exceeding expectations > CICC released a report stating that NVIDIA's Q4 performance for fiscal year 2026 and guidance for the first quarter both exceeded expectations, mainly due to strong demand for Agent inference. It is expected that revenue for fiscal year 2027 will be revised up by 1% to $345.9 billion, and Non-GAAP net profit will be revised up by 3% to $196.6 billion. Additionally, a revenue forecast for fiscal year 2028 of $438.1 billion and Non-GAAP net profit of $255 billion has been introduced for the first time. The rating is maintained at "Outperform" with a target price raised by 6% to $240.6 CICC published a report stating that NVIDIA (NVDA.US) exceeded both the firm's and market expectations for its Q4 FY2026 performance and Q1 guidance. The main reason behind this is believed to be the strong shipment of cabinet products driven by the increased demand for inference brought about by Agents. As demand from Agents continues to stimulate cloud vendors' investment in computing power infrastructure, and with the company's leading position remaining unchanged amid rapid hardware iterations, the firm has raised its revenue forecast for FY2027 by 1% to $345.9 billion and its Non-GAAP net profit forecast by 3% to $196.6 billion. It has also introduced a revenue forecast for FY2028 of $438.1 billion and a Non-GAAP net profit forecast of $255 billion. The firm maintains an "Outperform" rating on NVIDIA, raising the target price by 6% to $240.6, believing that the trend of the company's computing power expansion is clear ### Related Stocks - [NVDA.US - NVIDIA](https://longbridge.com/en/quote/NVDA.US.md) - [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md) - [NVDY.US - YieldMax NVDA Option Income Strategy ETF](https://longbridge.com/en/quote/NVDY.US.md) - [SMH.US - VanEck Semiconductor ETF](https://longbridge.com/en/quote/SMH.US.md) - [SOXX.US - iShares Semiconductor ETF](https://longbridge.com/en/quote/SOXX.US.md) - [NVDU.US - Direxion Daily NVDA Bull 2X Shares](https://longbridge.com/en/quote/NVDU.US.md) - [NVDX.US - T-Rex 2X Long NVIDIA Daily Target ETF](https://longbridge.com/en/quote/NVDX.US.md) - [NVDL.US - GraniteShares 2x Long NVDA Daily ETF](https://longbridge.com/en/quote/NVDL.US.md) - [07788.HK - XL2CSOPNVDA](https://longbridge.com/en/quote/07788.HK.md) - [07388.HK - XI2CSOPNVDA](https://longbridge.com/en/quote/07388.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 英伟达｜10-K：2026 财年营收 2159 亿美元超过预期 | | [Link](https://longbridge.com/en/news/276944533.md) | | 英伟达｜8-K：2026 财年 Q4 营收 681 亿美元超过预期 | | [Link](https://longbridge.com/en/news/276943204.md) | | 英伟达财报如此 “炸裂”，但为何市场 “冷眼相待”？ | 英伟达已连续 14 个季度营收超出预期，当超预期成为常态，光是业绩好已经远远不够了。市场焦点已转向对 AI 需求可持续性以及英伟达本身供给约束的焦虑，需求侧的巨额长单也因为与客户存在交叉持股而招致批评。此外，尽管英伟达数据中心业务增长强劲， | [Link](https://longbridge.com/en/news/276994346.md) | | AI 需求还强！英伟达 Q4 营收增 73%，Q1 指引 “炸裂” 创新高，黄仁勋上调 5000 亿收入预期 \| 财报见闻 | Q4 英伟达总营收和数据中心收入均创纪录；得益于 Blackwell 放量，毛利率升破 75%、创一年半新高；数据中心收入超预期同比加速增长 75%，其中网络收入增逾 260%；游戏收入逊于预期，因渠道库存影响环比降 13%，英伟达预计，Q | [Link](https://longbridge.com/en/news/276955356.md) | | 期权热点｜周四 NVDA 大跌 5%，部分看跌期权大涨 86% | 美东时间 02 月 26 日，英伟达期权总成交 5924823 张，看涨期权占比 64%，看跌期权占比 35%。 | [Link](https://longbridge.com/en/news/277139735.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.