研报掘金丨中金：上调英伟达目标价至228美元 上调2026财年收入预测

Core Viewpoint - Nvidia's Q3 revenue for fiscal year 2026 reached $57 billion, representing a 62% year-over-year increase, exceeding market expectations and aligning with the company's forecasts [1] Group 1: Financial Performance - Non-GAAP gross margin was 73.6%, down 1.4 percentage points year-over-year [1] - Net profit amounted to $31.8 billion, reflecting a 59% year-over-year increase [1] Group 2: Market Position and Forecasts - Strong demand for Blackwell products and successful shipments of the GB300 series contributed to the positive performance [1] - The company raised its revenue forecast for fiscal year 2026 by 3% to $213.6 billion, while maintaining its Non-GAAP net profit forecast [1] - For fiscal year 2027, revenue and Non-GAAP net profit forecasts were increased by 16% and 13% to $341.5 billion and $191.1 billion, respectively [1] - The company maintains an "outperform" rating and raised the target price by 14% to $228 [1]