Quick Read

NVIDIA (NASDAQ:NVDA) just posted the kind of quarter that makes bold price targets look reasonable. It delivered $81.615 billion in Q1 FY27 revenue, up 85.23% year over year, with Data Center Networking alone growing 199% YoY to $14.8 billion.

Yet shares sit at just $203.53, up only 9.26% YTD. The question I want to answer: can this stock actually double to $400 by 2031? Let me walk through the math.

What’s Holding Nvidia Back Right Now

Nvidia’s fundamentals are accelerating while the stock has stalled. Shares are down 0.81% over the past month and trade 28% below the 52-week high of $236.26. The Reddit crowd has fixated on competitive threats, from…