NVIDIA stock set for another earnings beat as RBC forecasts surging AI demand

RBC Capital’s latest analysis of NVIDIA, dated 15 May 2026, maintains an “outperform” rating and a $250 price target for the chipmaker. Analyst Srini Pajjuri expects the company to deliver its fourth consecutive quarterly earnings beat and raise its outlook, driven by “exploding” demand for AI compute that outstrips supply.

The firm cites massive investments by hyperscalers and cloud providers in AI infrastructure, while noting short‑term risks such as component shortages and rising electricity needs for data centers. RBC’s long‑term visibility extends to 2027, suggesting continued growth for NVIDIA’s AI‑focused product lines.