NVIDIA Corp
NVDA: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$266.00 | Vslnx | Kwdmctbz |
Nvidia Earnings: Growth Is Rocketing Through the Cloud Thanks to AI; Lifting Valuation
Wide-moat Nvidia’s results and outlook were well ahead of our expectations and FactSet consensus estimates, as the company is a dominant supplier of artificial intelligence accelerators into cloud computing providers. We raise our fair value estimate to $480 from $300 and lift our Uncertainty Rating to Very High. We are now much more optimistic about the rise of AI workloads and how Nvidia’s wide moat should cement itself as an AI chip leader.