Goldman Sachs has revised its stock price target for Nvidia (NVDA) following its Q4 earnings, despite the company's 9.4% drop from $189.82 to $177.19 as of Feb. 27. Goldman Sachs increased its earnings estimates by nearly 2% on average and stated that its 2026 projections are well above Wall Street expectations. The company's Q4 sales topped $68.1 billion, surpassing expectations, and its Q1 guidance of $78 billion blew past the Street’s estimates. Goldman also noted that data center sales reached up to $62.3 billion, highlighting where Nvidia's real growth engine is operating. The bank's confidence is based on the assumption that there is still room for surprise growth in capex and that early 2027 growth signals will likely signal more potential growth. The firm's guidance for fiscal Q1 2027 is for revenue to $78.0 billion ±2% (about $76.44 billion-$79.56 billion), compared with the Street expectation around $72.78 billion. Goldman believes this shift is forward-looking, resetting expectations for what comes next.