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Nvidia Grew Revenue 71% and Still Costs 21 Times Forward Earnings. The Market Is Betting the Growth Stops.
['Daniel Sparks', 'The Motley Fool', 'Thu', 'August', 'At Am Gmt', 'Min Read']
Yahoo Finance
Over the past 12 months, Nvidia (NASDAQ: NVDA) grew revenue 71% to $253 billion and more than doubled its net income, to about $160 billion.
A price like this says the market expects the extraordinary part of Nvidia's growth to end, and to end fairly soon.
Growth is moving the wrong way for the skepticsIn the quarter Nvidia reported a year ago, revenue grew 56% year over year.
In the fiscal first quarter of 2027 (the period ended April 26), revenue grew 85% year over year to $81.6 billion.
For perspective, that's more revenue in one quarter than Nvidia generated in its entire fiscal 2024.