Nvidia's Autumn Upswing: Analysts See Undervalued Stock Ahead
Nvidia, the leader of the AI revolution and the most valuable publicly traded company, has seen its stock price rise nearly 20% this year. Despite this growth, interest in Nvidia has cooled down, making it an attractive time to buy shares according to some analysts.
The company's revenue has been accelerating in recent quarters, with Q2 FY 2026 seeing a 56% increase, followed by Q3 FY 2026 at 63%, Q4 FY 2026 at 73%, and Q1 FY 2027 at 85%. This growth is expected to continue, with Nvidia forecasting $108 billion in revenue for the current quarter, representing an 89% year-over-year increase.
Nvidia's growth has been hindered by its inability to sell into China due to trade restrictions. However, CEO Jensen Huang is attending a state dinner at the White House this week, where he may discuss potential easing of trade restrictions with President Trump and Chinese President Xi Jinping.