Nvidia Sticker Shock? Shares Are Actually "Cheap", Analysts Say

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Nvidia Sticker Shock? Shares Are Actually "Cheap", Analysts Say

Investing2023-07-04

When it comes to artificial intelligence, Nvidia is in a class of its own as the key enabler of the technology, said equity analysts at Evercore ISI in a note to clients. The stock remains a “top pick...

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King19
·2023-07-04
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Shares Are Actually \"Cheap\", Analysts Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-04 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/news/stock-market-news/nvidia-sticker-shock-shares-are-actually-cheap-analysts-say-432SI-3118851><strong>Investing</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When it comes to artificial intelligence, Nvidia is in a class of its own as the key enabler of the technology, said equity analysts at Evercore ISI in a note to clients. The stock remains a “top pick...</p>\n\n<a href=\"https://www.investing.com/news/stock-market-news/nvidia-sticker-shock-shares-are-actually-cheap-analysts-say-432SI-3118851\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://www.investing.com/news/stock-market-news/nvidia-sticker-shock-shares-are-actually-cheap-analysts-say-432SI-3118851","article_id":"2348514648","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2348514648","pubTimestamp":1688426039,"sourceInfo":null,"weMediaInfo":null,"summary":"When it comes to artificial intelligence, Nvidia (Nasdaq: NVDA) is in a class of its own as the key enabler ...(Premium-only article. 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The run higher has some investors concerned shares have become too expensive, but because of the potential for fast growth, in reality the price is still low, in the view of the analysts.“With the stock at ~$425 today, NVDA is only trading ~14x 2027 EPS vs our EPS CAGR estimate of 55%. If our assumptions of acceleration trajectory prove correct, shares actually screen cheap (we know, crazy!!). So there is still PLENTY of runway ahead,” said analysts.The Evercore ISI analysts added, “The debate for the name at its ~$1T valuation is largely centered around hype vs reality – and we are very much of the view the that trends we are seeing today are reality and we remain just at the tip of the generative AI iceberg.”The firm sees EPS upside to $30 in 2027, implying massive growth from consensus EPS of less than $8 this year.“If we assume that a 20% attach rate can be achieved by 2027 (vs MSD% today), this would imply NVDA earnings power of ~$30 in CY27. 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