Quick Read

• Nvidia (NVDA) reported revenue of $81.6B, up 85% year-over-year, with data center revenue of $75.2B and networking revenue tripling to $14.8B, yet shares trade at $215.33 with forward P/E of 27x, the cheapest valuation relative to growth in years.

• Reaching Nvidia’s $300 price target requires 39.3% upside and a forward P/E of 38x, achievable if Blackwell 300 ramps successfully, Q2 revenue exceeds the $91B guidance, and rate-hike anxiety dissipates, though a hyperscaler capex pause on $119B in supply commitments poses the primary risk.

• The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.

NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) just reported one of the most…