Nvidia Stock Near Lows Signals Potential for a Second Double Amid AI Spending Boom

1 min read
Source: The Motley Fool
Nvidia Stock Near Lows Signals Potential for a Second Double Amid AI Spending Boom
Photo: The Motley Fool
TL;DR Summary

NVDA trades at about 25x forward earnings, near its May 2025 low; the last time it sat at this valuation, six months later the stock nearly doubled. With AI hyperscalers continuing to boost data-center capex and Nvidia's Rubin architecture supporting growth, analysts expect fiscal 2027 revenue to rise about 52%. Even if 2026 doesn’t double, the stock could outperform and return to a normal valuation, offering a favorable risk/reward as the AI spending boom persists.

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