Nvidia Seen as Undervalued Amid AI Boom, Investor Argues

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Source: TipRanks
Nvidia Seen as Undervalued Amid AI Boom, Investor Argues
Photo: TipRanks
TL;DR Summary

An investor argues Nvidia (NVDA) is surprisingly cheap for its AI leadership, noting a forward P/E around 22x and naming NVDA the second-cheapest of the Magnificent 7 alongside META. Nvidia also posted a new quarterly revenue record of $68.1 billion (up 20% sequential, 73% YoY) as its GPUs power ongoing AI demand. The stock has surged roughly 600% over three years. Wall Street gives NVDA a Strong Buy with a 12‑month target of about $272.16, implying more than 50% potential upside as investors remain bullish on AI adoption despite a recent pullback in AI stocks.

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