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Nvidia Stock Just Did Something for the First Time in a Decade. Is This the Buying Opportunity of a Lifetime? [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
the stock down over 11%. That's despite strong quarterly results and forward guidance above Wall Street consensus estimates. At a company conference earlier this year, Nvidia CEO Jensen Huang said he expects $1 trillion in sales of its current Blackwell platform and the soon-to-be-launched Vera Rubin platform between this year and 2027. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Nvidia. Yet nothing has impressed the market. In fact, Nvidia's forward price-to-earnings (P/E) ratio has recently fallen to match that of the broader benchmark S&P 500 Index for the first time in over a decade. Nvidia recently traded at slightly above 20 times forward earnings. That's despite growing revenue at 73% year over year, while net income surged 79%, which is impressive for any company, let alone one of
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