NVIDIA Corp (NASDAQ:NVDA) stock slid lower by about 0.50% during Friday’s premarket session as risk appetite cools for mega-cap tech ahead of the open. Nasdaq futures are down 0.23% while S&P 500 futures have shed 0.01%.
Nvidia’s fiscal 2028 outlook strengthened Wall Street’s bullish case, with KeyBanc, Bernstein and Goldman Sachs highlighting stronger-than-expected growth, durable AI demand and supply constraints that could leave room for further upside.
KeyBanc Sees Demand Supporting Growth Through 2028
KeyBanc Capital Markets analyst John Vinh told CNBC that Nvidia’s 70% fiscal 2028 revenue-growth outlook significantly exceeded Wall Street expectations of roughly 45%.
Vinh added that Nvidia sees enough demand to support 100% growth but remains supply-constrained. He expects demand to stay durable through next year and into a significant portion of 2028.
