Goldman Sachs: Nvidia's FY27 Guidance Beats Expectations, Gross Margin 'Shoes Drop', PT Raised to $300

Goldman Sachs believes Nvidia's FY2027 revenue guidance aligns with the most optimistic buy-side expectations. Meanwhile, the clarified gross margin outlook and management's disclosure of customer financial commitments will jointly provide stronger support for the stock's valuation. Given the market's previous heightened concerns over gross margins, the landing of this guidance is expected to eliminate the most critical uncertainty, serving as a "clearing event" for the share price. The firm reiterates its Buy rating and raises its price target to $300.