Opinions Danesh Rohinton
NVIDIA CorporationNVDAPARTIAL SELLJul 25, 2024
Danesh RohintonStock price when the opinion was issued
As of Oct 26, 2026. Market Open.
You might be interested:
Probably the most solid of the semis. In consolidation range since end of April. Trading above rising 200-day MA. He's concerned about the sector; SOXX has broken down fairly badly today (only ~24% of companies are on favourable technical footing).
Best chart and fundamental picture. Quality name. That said, if it breaks the 200-day MA then he's gone. Hanging in pretty well, hold for now.
David Burrows;fill-opacity:1;'/%3e%3cpath%20d='M31%2018.6001V30H8V18.6001L14.1334%2022.4334L19.4999%2014L24.8669%2022.4334L31%2018.6001Z'%20fill='%23EE5432'%20style='fill:%23EE5432;fill:color(display-p3%200.9340%200.3310%200.1956);fill-opacity:1;'/%3e%3c/svg%3e){kind=small}
Premium contentIn the last quarter, the company reported 2.22 USD per share, beating the 2.09 USD estimate by 6.22%. Revenue for the same period reached 96.22 B USD, despite the estimate of 92.27 B USD. For the next quarter, analysts expect 2.47 USD in earnings per share and 108.80 B USD in revenue. Social media mentions are up 1,046% in the past 24h.
Circular financing is definitely the biggest pushback in the AI trade. That's why it and AVGO are raising money to buy chips for Anthropic. Huge need for this technology for the industry to grow, but cashflow and payback aren't yet high enough.
In middle innings of the AI buildout, and NVDA will participate. Guiding to 70% revenue growth next year (and that's not just circular financing). One of his largest holdings.
Jamie Murray Buying this name is like buying GM in 1920. Largest company in the world. Dominating the AI trend with chips that perform the best, everyone else is trying to catch up. Between 20-30x PE, growing 70%. Revenue forecast of 73% this year.
Sees no slowing till AI peak, which is probably 7-10 years away. Everyone should own this. Yield is 0.42%.
Bruce Murray
Premium contentTrading at its lowest PE valuation in a decade, we again reiterate NVDA as a TOP PICK. The company continues to aggressively buy back shares and cash reserves are growing -- albeit with higher debt. Revenues and net income are projected to grow 90% this fiscal year. We continue to recommend a stop at $200, looking to achieve $294 -- upside potential of 28%. Yield 0.2%
(Analysts’ price target is $333.47)
She trusts him. Until NVDA breaches $230-236, it will rangebound from $210-230. But once it breaks that, the stock will go meaningfully higher. Until then, sell calls.
Bryn TalkingtonThinks we're now in the later innings of the GPU cycle. Bifurcation between open- and closed-source models. Over time, NVDA will be the leader for open source. But Anthropic, OpenAI, and others like them will move ahead in closed-source. Over time, what part of the market will NVDA capture? Valuation's not expensive.
After owning for 5 years, she sold.
Exploding growth, visibly growing 48% compounded annually from 2026-2030. Trading 14x PE for 2028. Just beat and raised. Moat. Exceptional margins of 75%. Concerns on circular financing. 5 customers control 70% annual recurring revenue. Competition is trying to break in. Cyclical.
People aren't crediting it with enough value. Still a Buy. Still going to go up a lot. Yield is 0.45%.
Greg NewmanCritics say Nvida is making investments to keep all their balls in the air -- making money by paying their customers, which is called circular financing. It's considered a sign of danger, because we saw this happen leading up to the Dotcom collapse. He strongly disagrees. NVDA's CEO knows that the companies that are using his chips are starting to make a ton of money, so why not back them up? The Dell CEO confirmed that to him.
We saw NVDA jump yesterday after another quarter of blowout earnings. They surprised on both the top and bottom line. EPS growth rate of 111% versus this time last year! Sales growth of 106%. Question is whether that's going to be sustainable long-term?
Not that it won't continue to be innovative and profitable, but some of these tech giants in the AI space have analyst expectations set very high.
Is probably trading at 15x forward PE as shares keep getting cheaper and cheaper. He doesn't see the party ending soon. Happy to stick with it.
Kevin SimpsonPremium contentNvidia demonstrated that the race for AI infrastructure continues to accelerate, posting record figures. It reached $96.2 billion, representing a massive year-over-year increase of 106%. This remains the company's primary growth driver, contributing $89 billion (92.7% of total sales) thanks to strong demand for servers and complex AI chip architectures. Social media mentions are up 230% in the past 24h.
It's interesting that TSM makes NVDA chips, and MU memory goes into NVDA chips. All part of the same value chain. NVDA is at bleeding edge of technology, no direct competitor in the conventional sense. If AI is real, NVDA is the winner. And if we're not at peak capex, NVDA is the winner.
He's adding in all these caveats because the valuation's OK, but you have to believe that revenue from here and 2.5 years from now is going to double. Is that likely? He thinks it's more of a 50/50 bet.
As an investor, you should look at whether you think MSFT Copilot is going to be successful, and will it have 10-30M subs willing to subscribe? If yes, then the killer app for AI is here, and NVDA will continue to rally.
He's more neutral on NVDA today, and still owns it today, but has been trimming as capex risks starting to build up. Cost of admission to NVDA is +/- 30% at the very least. He's not chasing the recent 15% dip. Worth owning over a 3-5 year horizon, but be mindful that you can't double or triple up the weight right now by adding on tertiary AI stocks that are associated with it.
Own it, but own it in a size that you'd be willing to tolerate big, significant drawdowns and moves higher. Believe in it, but don't be over-invested.