Goldman Sachs: NVIDIA Price Target $300, AI Market Projected at $3 Trillion to $4 Trillion by 2030
Source:
www.techflowpost.com
According to Chaoxiang Research, a Goldman Sachs Group research report dated September 10, 2026 indicates that Nvidia reiterated at the Communacopia + Technology 2026 conference that the addressable market for AI will reach $3 trillion to $4 trillion by 2030. Goldman Sachs maintains its Buy rating on Nvidia with a 12-month price target of $300. Based on the September 9 closing price of $223.67, this represents an upside potential of 34.1%. The price target is calculated using a 30x P/E multiple applied to normalized earnings per share of $10. Management reiterated expectations for approximately 70% year-over-year growth in CY27.