Three weeks ago, we recommended Nvidia Inc. (NVDA) stock in a June 22 Barchart article and shorting out-of-the-money puts.

Nvidia (NVDA) ended the recent trading session at $167.01, demonstrating a -2.55% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.06%.

Valuation and the Bottom Line on NVDA Stock Nvidia’s forward price-earnings ratio of 33.3 is not very high, given its tremendous growth and its high leverage to the AI boom.

Nvidia just reported 3QFY25 earnings and outlook, leaving us not too optimistic about the near term. Read why we'll wait to upgrade NVDA stock to Buy.

NVDA Stock: Bull vs Bear There’s still plenty of reason to believe that Nvidia has room to run. For example, the company’s earnings performance over the last two years has been spectacular.

NVIDIA Corporation (NASDAQ:NVDA)’s “current stock price balances the bull case and the bear case,” Gil Luria, a stock analyst at investment bank DA Davidson, recently stated on CNBC.

Where NVDA Stock Could End Up. I think NVDA could end the year at $100-$110. No one knows for sure where this story heads, but it ultimately boils down to the broader market.

Nvidia (NVDA 5.71%) stock skyrocketed 150% in the first half of 2024. (Shares are up 165% through July 9.) That performance clinched the artificial intelligence (AI) chip leader the silver medal ...