NVIDIA stock isn't overvalued. Here's why.

20/02/2024 14 min

Listen "NVIDIA stock isn't overvalued. Here's why."

Episode Synopsis


NVIDIA stock has been rallying lately due to extraordinary demand for their GPUs for AI applications such as ChatGPT. With the stock up over 200% in the past year versus a 40% return of the Nasdaq, investors may be left wondering whether NVDA stock is overvalued. Today we'll analyze NVIDIA stock using our simple valuation ratio as well as the traditional P/E ratio, and we'll do it step-by-step so you can do the same. Turns out you can make a case for NVIDIA stock not being overvalued using the middle of guidance given by nearly 40 analysts who follows $NVDA. That's by comparing it to a benchmark such as the Nasdaq. Watch the video to see how we did this, then let us know if you think NVDA stock is overvalued.


Stay informed with our free disruptive technology investing newsletter, Nanalyze Weekly. Sign up now at https://www.nanalyze.com/nanalyze-weekly/. This episode is pulled from a YouTube presentation. View the original presentation at https://youtu.be/PvVkYfWIMpc.