Ticker: NVDA
Exchange: NASDAQ
Sector / Industry: Technology / Semiconductors
Initiation of coverage, June 19, 2026
Publish date: June 19, 2026
Rating: Buy
Summary
NVIDIA owns the compute layer of the AI build-out, and the numbers show it: revenue up about 65% to $216bn at roughly 60% operating margin. At 24x forward earnings the stock is not cheap, but it is well below the peak multiples it carried on a fraction of today’s profit.
Ratings and price targets state our opinion as of the publication date. See our disclaimer.
