But once nvidia releases another earnings report with more profit that valuation should go up.
Their last earnings report was insane, and I'm expecting even better from the next one.
Once more large companies standardize on O365 ai products like their Excel plugin (which is terrible right now, but improving) and Teams integration, there will be millions of new daily users - and something is going to have to handle that load.
I've got $118 2025 calls, but I'm expecting a $150 price within the next 9 months.
People just think about pe ratio and not forward pe ratio, and the growth. So they think fair price is 70, while the fair price with the forward pe is around 150s . Eventually it will get there.
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