Ahead of a ‘Beat and Raise’ Quarter, Should You Buy Nvidia Stock?

However, this relentless growth has also driven Nvidia’s valuation to lofty heights. NVDA stock now trades at about 43x forward earnings and 34x forward sales, roughly double the median of its semiconductor peers. By comparison, the S&P 500’s ($SPX) forward P/E sits in the low 20s. That premium shows just how much optimism investors have priced in. While it highlights strong confidence in Nvidia’s growth story, it also leaves little room for disappointment if results fall short.NVDA stock has been a standou ...