Key Highlights
- Leo KoGuan acquired 1 million shares of NVDA and intends to purchase additional shares, expressing confidence that AI represents genuine opportunity
- The billionaire maintains substantial Tesla holdings while expanding into NVDA and Treasury bills for portfolio diversification
- UBS reaffirmed its Buy rating with a $245 price target following NVDA’s strong Q4 performance
- Q4 fiscal 2026 revenue reached $68 billion for NVDA, surpassing analyst projections by approximately $2 billion
- According to UBS analysis, NVDA could achieve $100 billion in quarterly revenue, with orders already booked through 2027
Leo KoGuan, the billionaire investor widely recognized as among Tesla’s most significant individual stakeholders, executed a substantial investment maneuver this week by establishing a major position in Nvidia.
KoGuan announced via X that he acquired 1 million NVDA shares with intentions to expand his position further. “I am convinced AI is genuine opportunity, merely at its inception,” he stated.
His portfolio allocation has undergone notable changes during recent months. In November, KoGuan revealed he had moved away from exclusive Tesla concentration and began accumulating 3-month Treasury bills.
His Tesla stake remains substantial, though he declined to specify the exact reduction amount. “I believe Tesla’s energy division, cybercap technology, and Teslabot have yet to achieve full market valuation,” he commented, describing Tesla as “the premier embodied AI platform globally.”
These Tesla views didn’t prevent him from pursuing opportunities in Nvidia, however.
Impressive Results Meet Subdued Market Response
Nvidia’s Q4 fiscal 2026 performance demonstrated compelling strength. The company delivered $68 billion in revenue, exceeding consensus analyst expectations by roughly $2 billion. Adjusted earnings per share of $1.62 topped projections by $0.08.
The stock’s market response remained relatively restrained despite these outcomes. This gap between financial performance and share price movement has drawn considerable analyst attention.
Jefferies observed that valuations for companies including Nvidia and Broadcom have become “disconnected from fundamentals.” Analyst Blayne Curtis characterized both equities as “the most certain AI winners in our space trading at basement bargain multiples.”
UBS Projects Path to $100 Billion Revenue Quarters
UBS reaffirmed its Buy rating alongside a $245 price target on February 26, referencing exceptionally positive demand indicators from the company’s commentary.
The investment bank highlighted that Nvidia’s purchase obligations for inventory expanded nearly twofold quarter-over-quarter — following a previous period where growth already exceeded 60%.
According to UBS analysis, this inventory accumulation positions Nvidia to potentially reach $100 billion in quarterly revenue during upcoming periods.
The firm also adjusted its earnings projections upward, increasing estimated EPS for calendar 2027 to approximately $12.70 and 2028 to $14.80.
The most significant indicator may be this: Nvidia’s order backlog currently extends through 2027, demonstrating that customer demand continues at elevated levels for the foreseeable future.
