By Investing.com
Publication Date: 2026-05-04 14:30:00
is having one of those days where the tape and the fundamental story are pointing in opposite directions. Last printing at $412.85, the stock is down $8.43 or 2.00% Monday, with intraday weakness carving a range between $409.53 and $423.83. The previous close sat at $421.28. Pull the lens back and the contrast becomes more interesting — the 52-week range stretches from a low of $195.94 to a high of $429.31, meaning the stock has more than doubled off its trough and now sits within roughly 4% of the all-time peak despite Monday’s pullback. Market capitalization hovers near $1.96 trillion, the trailing P/E reads 80.60, and the dividend yield comes in at 0.63%.
The setup heading into the rest of 2026 is genuinely fascinating because the bull case is rooted in numbers that border on absurd while the bear case is rooted in valuation math that nobody can credibly dismiss. Q2 revenue guidance of roughly $22 billion implies 46.6% year-on-year growth. AI chip revenue guided to $10.7…
