Wall Street Analyst’s Reasons for Nvidia Bearish Outlook

Nvidia (NASDAQ: NVDA) is highly regarded for its dominance in GPU production for AI applications, with analysts generally optimistic about its growth. However, Jay Goldberg is skeptical, setting a $100 price target—over 40% lower than current levels—citing that despite impressive sales growth exceeding 1,000% in five years, Nvidia’s high valuation at 27 times sales may indicate potential issues ahead.

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