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Why Is This Wall Street Analyst So Bearish on Nvidia? Here Are 3 Key Reasons.
['Ryan Vanzo']
The Motley Fool
There is only one Wall Street analyst with a sell rating on Nvidia stock.
But one analyst, Jay Goldberg, has a $100 price target for Nvidia stock, the lowest on Wall Street.
3 reasons Goldberg is bearish on Nvidia stockNvidia is growing by leaps and bounds.
But shares trade at a lofty 27 times sales, and Goldberg thinks there are cracks beginning to show in Nvidia's growth story.
While agentic services do pose a long-term growth story, Goldberg thinks that the world is still many years away from any meaningful real-world adoption of this technology.
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'goldberg'
'thinks'
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