Nvidia Near Record High: Still a Buy?

Nvidia at $225.83 is rated a Buy as the AI infrastructure cycle drives record results. Q4 FY26 revenue hit $68.13 billion, up 73.2% year over year, with free cash flow surging 124% to $34.9 billion. Management guided Q1 FY27 revenue to roughly $78 billion, signaling continued acceleration. Bears point to China revenue zeroed out after a $4.5 billion charge, rising supply commitments, and cooling sentiment near resistance. Still, a forward P/E of 27 against 95.6% earnings growth and a $269.95 analyst consensus target suggest meaningful upside remains for patient investors buying the long-term AI cycle.