Nvidia Stock 'Fully Valued' According To Ross Gerber — Wedbush Analyst Dan Ives Says 'We Strongly Disagree'
Portfolio Pulse from Ananya Gairola
Nvidia Corporation (NASDAQ: NVDA) is set to release its first-quarter earnings, with analysts expecting significant revenue and earnings per share growth. While Ross Gerber of Gerber Kawasaki Wealth and Investment Management believes Nvidia's stock is fully valued, Wedbush analyst Dan Ives strongly disagrees, citing the beginning of the AI revolution. Options markets predict an 8.7% swing in Nvidia's stock price post-earnings.

May 22, 2024 | 1:18 am
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Nvidia is set to release its Q1 earnings with high expectations for revenue and EPS growth. Ross Gerber believes the stock is fully valued, while Dan Ives sees further potential due to the AI revolution. Options markets predict significant stock price volatility.
Nvidia's upcoming earnings report is highly anticipated, with significant revenue and EPS growth expected. The contrasting views of analysts Ross Gerber and Dan Ives highlight differing opinions on the stock's valuation and future potential. The options market's prediction of an 8.7% swing indicates high volatility, suggesting a potential for significant price movement post-earnings.
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