NVIDIA Trades at 13 Times Forward Earnings After a 27% Slide. Wall Street Still Sees $325+
A 247wallst.com article argues that NVIDIA's 27% slide has left it at 13 times forward earnings with more risk priced in than the numbers justify, and its model keeps a buy rating with a $231.97 target, above its November 13 share price of $160.05 after a month-long AI chipmaker selloff. The stock still beat estimates with fiscal Q2 revenue of $96.221 billion, analysts lean 49 Buy against one Sell, and CFO Colette Kress is quoted from the August call saying NVIDIA expects "to grow revenue by approximately 70% in fiscal 2028" as a "supply-constrained outlook."
