Larry Fink Says Oil Could Be Cut in Half. If So, This Tech Stock Could Explode Higher

Larry Fink foresees oil prices potentially falling to $40 per barrel due to favorable developments in the Iran conflict. This could catalyze a shift out of energy stocks and into high-growth tech firms. NVIDIA Corporation (NASDAQ: NVDA) is positioned as the leading tech stock to benefit from such a move. The company is currently trading at 17x forward earnings, despite a remarkable 65% revenue growth year-over-year.

Analysts have a consensus price target of $305.94, which is 36% above the current share price of $225.13. This represents a significant discount to the implied value based on NVIDIA's projected earnings trajectory. In Q1 FY2027, NVIDIA anticipates revenue of approximately $78 billion, with non-GAAP gross margins expected to reach around 75%.

The company generated $96.58 billion in free cash flow annually in the previous year. Despite facing headwinds from China export restrictions, NVIDIA's revenue still increased by 65% to $215.94 billion in fiscal year 2026, illustrating the robust demand from non-China markets. With a substantial share repurchase authorization of $58.5 billion, NVIDIA's stock has delivered an impressive 78% return over the past year.

The company's leadership, Jensen Huang, is committed to a consistent product release schedule extending through 2028. Strategic partnerships, including long-term deals with major firms like Meta and CoreWeave, further solidify NVIDIA's dominance in the AI infrastructure space.