Nvidia posted record data center revenue of $89.02 billion with 117% year-over-year growth, yet the stock trades conservatively at a 23x forward earnings multiple. Analysts project 42% upside to $327, but a bull case targeting $600 by 2030 hinges on fiscal 2028 EPS reaching $15.46 and sustained revenue growth of 70%, supported by hyperscaler capex buildout exceeding $1.3 trillion annually.