William Blair Maintains Outperform Rating on Nvidia (NVDA)

NVIDIA Corporation (NASDAQ:NVDA) is one of the 11 Best Revenue Growth Stocks to Buy Now. On July 15, William Blair reiterated an Outperform rating on NVIDIA Corporation (NASDAQ:NVDA) while noting that the company could see potential earnings upside from renewed access to the China market.

William Blair sees an opportunity for NVIDIA Corporation (NASDAQ:NVDA) to increase its EPS for fiscal year 2026 by an additional $0.30. This is based on the idea that the company will see about $20 billion in revenue from China for the full year.

William Blair Maintains Outperform Rating on Nvidia (NVDA)

In the first quarter, NVIDIA Corporation (NASDAQ:NVDA) made $5.5 billion in revenue from the China market. William Blair expects another $14.5 billion in revenue from China, concentrated in the second half of fiscal 2026.

The investment firm also highlighted potential gross margin tailwinds in the second half as NVIDIA Corporation (NASDAQ:NVDA) might sell H20 chips that were previously written off with a low cost of goods sold. This could help the company achieve its target of a mid-70% gross margin on a non-GAAP basis.

NVIDIA Corporation (NASDAQ:NVDA) is an American multinational technology company that is known for its graphics processing units (GPUs), AI hardware and software, and high-performance computing (HPC) solutions.

READ NEXT: 12 Best Performing AI Stocks So Far in 2025 and 14 Best Aggressive Growth Stocks to Buy According to Analysts.

Disclosure: None. This article is originally published at Insider Monkey.