Nvidia gets rare Wall Street downgrade on Valuation Concerns

    https://www.cnbc.com/2024/07/05/nvidia-gets-rare-wall-street-downgrade-on-valuation-concerns.html

    Posted by chrisbaseball7

    28 Comments

    1. We need you guys to sell some because we need leverage for a bulk purchase 

      CNBC ..

    2. highlander145 on

      Never can imagine. But they can go F themselves. I will only buy more.

    3. strthrowreg on

      Every other tech stock is trading at a forward P/E of close to 30.

      But NVDA, an actual growth company, has a forward P/E of 46 and everyone it is overvalued?

    4. EntertainerAlive4556 on

      My dad sent me this. Pelosi just dropped 1-5 mill into nvidia. While she’s not always right, you know they just got some big government contract. One person changed his opinion, if it goes down he looks like a genius and says “see!” If it doesn’t everyone ignores this information

    5. lostfinancialsoul on

      would not be shocked if the next ER has little impact on price discovery.

    6. Lol. Bad idea.

      Consumer product refresh is due to start around fall. Nintendo switch 2 coming soon (powered bybnew tegra). New ARM-based SoCs with partners (like mediatek) due out not long after that. Next 6 quarters will have excellent earnings reports as well.

      Will likely challenge Qualcomm in the windows on ARM copilot pc space next year too. Qualcomm might give apple a fight but nvidia will have silicon in machines that will outperform both.

    7. Evening_Border3076 on

      I love how everyone is saying this article is stupid.

      NVDA is up almost 200% in the past year. It absolutely has not done anything to warrant a 200% increase in valuation. If it was up 100% you could argue that it was undervalued and Wallstreet finally picked up on a golden opportunity but this run up of 200% is definitely not warranted by any financial result or projection.

      With that being said. I hope it runs up even more for everybody. I refuse to short it. But still. Someone is stating the obvious.

    8. PassionV0id on

      These fucking scumbags are always just trying to cause a price shift in their favor.

    9. Specific_Concern649 on

      And when they crush earnings again everyone will act surprised and look like the shocked pikachu face. Jensen said there will be no slow down in the foreseeable future. Anyone trying to predict their growth is using a magic 8 ball

    10. Wait until you see humanoids and robots roaming around with a brain made by Nvidia.

    Leave A Reply
    Share via