Even at record highs, Nvidia’s stock may not be as expensive as it is touted to be. Some valuation metrics suggest room for upside

Nvidia became the first publicly traded company to reach a market cap of $4 trillion last week, as investors remain bullish on artificial intelligence technology.

Currently, Nvidia accounts for nearly 8 percent of the S&P 500. That’s the highest weighting for a single stock in 45 years, according to Todd Sohn, senior ETF strategist at Strategas Securities. For context, industrials account for 8.7 percent of the index, while healthcare stands at 9.1 percent.

For Q1 2024, Nvidia reported 262% year-on-year growth in revenue to $26 billion. For the same period, the AI company reported operating cash flow of $15.3 billion. With annual revenue estimated at ...

Nvidia Corporation hit record highs with $4T valuation, but is there still room for growth? Click here to read an analysis of NVDA stock now.

NVIDIA Corporation (NASDAQ:NVDA), with its impressive $3.29 trillion market capitalization, has established itself as the dominant force in the semiconductor industry, making waves in the ...

Nvidia shares hit a record closing high on Wednesday, pushing the chipmaker back to the top spot on the list of the world's most valuable companies. Monitor these major chart levels.

This analysis examines Nvidia's year-to-date performance, key earnings metrics, macroeconomic headwinds and expert sentiment. With Wall Street projecting record revenue of $43.3 billion alongside ...

However, adjusted for split, NVDA stock has corrected by 26% from all-time highs. It’s likely that there will be another 10% to 15% correction in Nvidia stock as some money flows out of the AI ...