24/7 Wall St. Sets Nvidia Price Target at $270.26 with 'High-Conviction Buy' Rating, Citing 85% Revenue Growth and 0.605 Forward PEG
24/7 Wall St. has set a price target of $270.26 for Nvidia (NASDAQ:NVDA), implying a 25.27% upside over the next 12 months from its current trading price of $215.17 as of Friday afternoon. The firm issued a 'high-conviction buy' recommendation, supported by Nvidia's 85% revenue growth and a forward PEG ratio of just 0.605. The analysis also noted Nvidia's Q1 FY27 revenue of $82 billion, up 85% year-over-year, and Q2 FY27 guidance of $91 billion (±2%). Bull-case and bear-case scenarios project targets of $312.35 and $233.42 respectively, with the latter still indicating an 8.2% gain.
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