Nvidia's Demand Visibility Outshines Margin Headwinds, RBC Says

11:41 AM EDT, 08/27/2026 (MT Newswires) -- Nvidia (NVDA) is providing a strong demand outlook that outshines modest gross margin headwinds, RBC Capital Markets said in a note Thursday. The note pointed to Nvidia's unusual step of guiding a full year out, projecting some 70% revenue growth in 2028 amid ongoing supply constraints, against consensus of around 45% growth. "Visibility appears to be extending even further based on purchase commitments," the report said. The report said Rubin ramps off to a strong start and CPU revenue is on track to more than double next year, while customer diversification is continuing. RBC reiterated its outperform rating and boosted its price target to $330 from $300. Price: 225.54, Change: +15.88, Percent Change: +7.57