Bulls vs. Bears: NVIDIA sparks valuation debate as stock nears six-month low

Bulls vs. Bears: NVIDIA sparks valuation debate as stock nears six-month low

By TradingView
Publication Date: 2026-11-07 17:43:00

Nvidia NVDA recorded its sixth consecutive weekly drop this week amid a broader selloff in the U.S. tech sector, adding to the sharp losses the company recorded in October, which also happened to be its worst monthly decline for this year. With its share price approaching levels not seen since April, Seeking Alpha analysts reviewed their positions on the stock, triggering a healthy conversation around its valuation.

The Bulls

“Nvidia Corporation is a Strong Buy after a 20% selloff, with current sentiment-driven declines presenting a compelling entry point,” wrote SA analyst Oliver Rodzianko in “Here’s Why I Bought Nvidia While The Market Cried In Fear (Rating Upgrade).” Even under conservative growth assumptions, NVDA’s fair value ranges from $156 to $252 per share, offering significant upside versus current levels.

“NVDA stock trades at just over 13x FY28 EPS targets, not reflecting sustainable growth prospects fueled by SpaceX’s commitments,” noted Seeking Alpha Investing Group Leader Stone Fox Capital in “Nvidia: SpaceX Offers An Ignored Bonus.” “Nvidia Corporation is set up to get a large bonus via SpaceX’s massive AI data center plans, providing a significant growth catalyst.”

“NVDA’s 70% projected revenue growth and 74% gross margins are underpinned by robust AI demand and supply constraints, not demand limitations.,” added Index Analyst in “Nvidia: Competitive Moat Widening; Buy.” “At $301.53 per share of valuation, there’s a possible…