By Keithen Drury
Publication Date: 2026-03-03 15:30:00
Nvidia (NVDA 1.47%) has been one of the best stocks to own over the last few years, but it has been fairly dormant over the past few months. Since October, Nvidia’s stock hasn’t really done a whole lot, especially since investors are used to massive returns from the world’s largest company.
However, after it reported an incredible fourth quarter and gave strong guidance for this year, I believe that Nvidia will have a huge March, and there’s one reason why it’s going to happen.
Image source: Getty Images.
Nvidia is undervalued for its growth
Investors often debate whether a stock is overvalued or undervalued. However, when it comes to Nvidia, the conversation normally centers on why it’s overvalued. I think that’s nonsense, because when you integrate its growth, the stock actually looks cheap.
During its fiscal 2026, ended Jan. 25, Nvidia delivered earnings per share (EPS) of $4.93. That’s an impressive figure for Nvidia’s price tag, but it doesn’t paint the full picture.
Back in April 2025, President Donald Trump barred Nvidia and its peers from selling their computing units to China. This caused Nvidia to take a massive write-down, which negatively impacted earnings. However, Nvidia may be getting the green light to export to China soon, although Nvidia hasn’t yet included any Chinese revenue in its Q1 outlook.
Today’s Change
(-1.47%) $-2.67
Current Price
$179.81
Key Data Points
Market Cap
$4.4T
Day’s Range
$176.92 – $180.65
52wk Range
$86.62 – $212.19
Volume
3.6M
Avg…
