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Jonah Lupton
@JonahLupton
CEO/CIO at @LuptonCapital and @FirstWaveFund, long-biased hedge fund, focused on undervalued growth stocks that can triple within 3 years, we love big catalysts
加入 April 2008
2.9K 正在关注    554.3K 粉丝
Wow. $NVDA saying FY2028 revenues will grow at least +70% versus sell side currently at 44.5% — going to see some large increases to estimates and price targets in the coming days. Kind of crazy that $NVDA is still growing triple digits (FY2027 Q2)… will do ~90% revenue growth in FY2027 and now saying at least 70% revenue growth in FY2028 yet the stock trades at less than 20x NTM EPS and less than 14x FY2028 EPS (not including cash or buybacks)… however if $NVDA is saying 70% in FY2028… then it means we probably see at least 80% in which case $NVDA might be trading closer to 12x 2028 EPS (not including cash or buybacks). $NVDA should not be trading at or below a market multiple (S&P 500)… the stock is probably 40-60% undervalued at these prices. Investors are trying to price in a slowdown that clearly isn’t happening considering they just accelerated YoY revenue growth for the 4th consecutive quarter.
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