Goldman Sachs didn't revamp Nvidia 's ( NVDA ) stockprice target post-earnings, but it bumped something else that matters just as much.

After another blowout quarter with its Q4 earnings on Feb. 25, the AI bellwether cleared yet another high bar.

However, the big bank's analysts reiterated a buy rating while keeping their $250 price targetintact. Goldman did, however, raise its earnings estimates by nearly 2%on average and said its 2026 projectionsare hovering well above Wall Street expectations.

Since reporting earnings, Nvidia's stock is down 9.4%to $177.19as of Feb. 27(latest trade), according to Nvidia's investor relations page .  

When I last covered Nvidia on Feb. 21, the stock closed at $189.82in my piece on veteran analyst Dan Niles , who put Nvidia and Broadcom front and center on his AI stock buy list in an interview with Fox Business .

Nvidia's stock slide comes after a quarter in which it posted $68.1 billion in sales, topping expectations, while its Q1 guidance of $78 billionblew past the Street's estimates.

Also, for AI-focused investors, the strength in data center sales, which reached up to $62.3 billion, highlights where Nvidia's real growth engine is operating right now.

It's important to note that over the past four quarters, Nvidia has comfortably blown past both top and bottom-line estimates by a wide margin, according to Seeking Alpha .

Also in recent weeks, with 13F filings rolling in, I've covered major hedge funds, including Ken Griffin's Citadel , adding $2.19 billionworth of Nvidia stock, and Ray Dalio's Bridgewater adding $253 millionto its position.

It appears that Nvidia's post-earnings selloff has become something of a habit, and TheStreet tech expert Vuk Zdinjak described the dynamic in his latest piece .

Nvidia CEO Jensen Huang addressed the situation during an all-hands meeting following the company's Q3 earnings, according to Business Insider , Zdinjak wrote.

Nevertheless, Goldman Sachs believes the broader shift is forward-looking, resetting expectations for what comes next.

Nvidia earnings snapshot (fiscal Q4 2026)

• Headline numbers:Revenue $68.13 billion( +73% year over year), beatingconsensus ( $66.21 billion, LSEG). Non-GAAP EPS $1.62( +82% YoY) beat( $1.53, LSEG). GAAP EPS $1.76( +98% YoY).

• Guidance:For fiscal Q1 2027, Nvidia guided revenue to $78.0 billion ±2%(about $76.44 billion-$79.56 billion), compared with the Street expectation around $72.78 billion.
  GAAP gross margin 74.9% and non-GAAP 75.0% (±50 bps). 

• Key segment drivers:
  Data Center did the heavy lifting: $62.3 billion revenue (+75% YoY, +22% QoQ) — nearly 91% of total company revenue this quarter.Professional Visualization $1.3 billion (+159% YoY, +74% QoQ), with Nvidia attributing strength linked with Blackwell demand.

• Balance sheet and capital returns:Ended the quarter with $62.56 billionin cash/cash equivalents/marketable securities; free cash flow $34.90 billionin Q4 (vs $15.52 billiona year ago).
  Nvidia reported $3.82 billion in Q4 share repurchase outflows and $243 million in dividends paid; for the full fiscal year, it returned $41.1 billion to shareholders.Sources: Nvidia FY26 Q4 earnings release, Reuters, Business Insider