Nvidia's Stock Price Muted Amid Earnings Bumps
Nvidia's stock has been behaving like that of a mega-cap company, with muted reactions to earnings beats and a trading range of ~$180-$225.
The demand visibility for Nvidia is already priced in, limiting near-term upside, according to the analyst who rates it 'Hold'.
The gross margin trough is expected in Q4 FY2027, approximately 71-72%, with recovery tied to upstream supply commitments. An optimal entry point could be after this trough.