Nvidia: Blowout Q4 Report Aside, Don't Underestimate The Power Of CUDA

Vinay Utham, CFA1.4K FollowersFollow5ShareSavePlay(16min)Comment(1)SummaryNvidia Corporation delivered a blowout Q4, beating top- and bottom-line estimates with data center revenues hitting $62.3 billion, up 75% y/y.NVDA confirmed supply commitments exceeding $95.2 billion, supporting visibility to meet explosive demand through FY27 and beyond.Despite rising competition, NVDA’s CUDA software ecosystem and new Vera Rubin GPUs reinforce its market leadership and defensibility.I maintain a Strong Buy rating with a $273 base case price target, recommending dollar cost averaging due to persistent weak momentum and competitive risks. Ole_CNX/iStock via Getty Images Investment Thesis In my last article on Nvidia Corporation (NVDA), published in November 2025, I analyzed the company’s Q3 report and explored the key takeaways, with a special focus on the rising competitionThis article was written byVinay Utham, CFA1.4K FollowersFollowAn independent investor in the Indian and US equity markets with a CFA Charter and a PhD in Finance from University of Durham, U.K. I hold an Honorary Associate Professor in Finance and Corporate Governance title at Brunel University London. I have a YouTube and a Podcast channel, titled The Stock Doctor,' where I discuss my views on the US and Indian markets every week. In addition, I actively undertake quantitative research in the areas of US equities, Behavioural Finance, Corporate Governance, Activist Hedge Funds, Cryptocurrencies and M&A , and have published in top-ranked peer-reviewed journals.Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, GOOGL, META, AVGO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.