Overview
- Nvidia shares climbed about 20% in April, and a Yahoo Finance analysis says past patterns point to further gains in May.
- At roughly 25 times forward earnings, a move to 32 times in this scenario would imply close to 30% upside by the end of the month.
- Management reported 73% revenue growth in the fourth quarter and guided for 77% growth in the current quarter, which analysts say supports a premium valuation.
- Long-term demand expectations remain elevated, with reports citing more than $7 trillion in projected spending on AI data centers that rely on Nvidia chips.
- Nvidia has split its stock six times since 2000, turning one pre‑2000 share into 480 shares, yet analysts expect the next split only after a sustained price jump from roughly $200 and likely not for years.