大行评级丨里昂：预计英伟达上季收入同比增长71%，评级“高度确信跑赢大市”

Core Viewpoint - Nvidia's stock has risen approximately 7% to 8% over the past six months, underperforming compared to other AI-related stocks like TSMC (up 73%) and memory-related stocks (up 180% to 300%) [1] Group 1: Financial Performance - Nvidia is currently trading at a forecasted P/E ratio of 26 times for the fiscal year 2027, which is considered attractive value by the firm [1] - The firm anticipates Nvidia's revenue for the fourth quarter of fiscal year 2026, ending January, to be $67.2 billion, representing a year-over-year growth of 71%, exceeding the guidance upper limit of $66.3 billion [1] - For the first quarter of fiscal year 2027, the revenue forecast is $72.7 billion, reflecting a year-over-year growth of 65%, with any guidance equal to or above $75 billion reinforcing the message of accelerating revenue growth [1] Group 2: Market Outlook - The upcoming earnings report is seen as an opportunity to revitalize market narratives regarding Nvidia [1] - The firm maintains a "highly confident outperform" rating for Nvidia, with a target price set at $300 [1]