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Nvidia's Stock Price Should Be 400% Higher: Analyst [Globe and Mail, The (Toronto, Canada)]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
UBS uses a proprietary quantitative financial model based on cash flow, which suggests Nvidia's stock price should be much higher. Even if the price target is wrong, it's likely directionally accurate, making Nvidia stock a buy. One of the biggest debates raging on Wall Street in recent months is what to make of Nvidia (NASDAQ: NVDA) . The company was arguably the catalyst for the artificial intelligence (AI) revolution, supplying the graphics processing units (GPUs) that enable the technology. After a run of 1,180% that spanned three years, the stock has fallen 36% from its peak and is back where it was one year ago. Many investors believe the sell-off is unwarranted and that it's only a matter of time before Nvidia's stock price rebounds, particularly in light of the company's recent forecast. But one classic financial model suggests Nvidia's stock price should be above $900. Will AI create the world's first trillionaire? Our team just released a report on the one little-kn
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