NVDA → $96.66 by Jul 11, 2026.

lets start with the DCF because thats where this whole thing falls apart immediately. nvidia is currently trading at somewhere around 35-40x forward revenue. not earnings. revenue. to justify that in a discounted cash flow model you need to assume data center revenue grows at 40%+ annually for the next 8-10 years, that gross margins stay above 70% despite competition, and that the discount rate stays relatively benign. change any one of those assumptions even slightly and the fair value …