NVDA sits at $229.55 with every moving average below it and 58 out of 59 Wall Street analysts rating it a buy — but a dead-flat MACD and an overbought Stochastic are flashing a short-term warning. ...
NVIDIA doesn't trade like a semiconductor company anymore. It trades like a toll road on the entire global AI economy. Q2 FY2027 results, reported August 26, made that case louder than any analyst pitch deck: revenue hit $96.2 billion, up 106% year-over-year, with data center revenue alone surging 117% to $89 billion. Gross margins held at 75%. EPS of $2.22 beat consensus by $0.13 — the fifth consecutive beat. Jensen Huang wasn't understating it when he said "compute is revenue." That's not CEO theater; it's a description of a structural shift that is still in its early innings.
What makes the current price entry interesting is the valuation reset that has quietly happened. The trailing P/E has compressed from 57x a year ago to roughly 27x today. 8% in FY2028. 45, which means you are paying less than half a turn of growth for each unit of earnings expansion. 17 trillion market cap and a $303 billion trailing revenue base, that compression story is what keeps institutional investors reaching for more at every pullback. 3 trillion in 2027. NVIDIA owns the picks-and-shovels position in that buildout, and the guidance for Q3 FY2027 at $108 billion confirms the trajectory isn't slowing.
Source link
