Nvidia Nears Aug. 26 Earnings at 24x Forward P/E as Wall Street Expects 97% Growth
Updated
Updated · The Motley Fool · Aug 23
Nvidia Nears Aug. 26 Earnings at 24x Forward P/E as Wall Street Expects 97% Growth
3 articles · Updated · The Motley Fool · Aug 23
Summary
Aug. 26 marks Nvidia’s fiscal Q2 2027 report, a catalyst the report says could end the stock’s “cheap” entry window if results trigger a sharp rally.
24 times forward earnings, Nvidia trades only modestly above the S&P 500’s 21.4x despite Wall Street expecting 97% year-over-year growth, underpinning the bullish valuation case.
15% gains in 2026 have lagged the stock’s outsized advances of the prior three years, even as Nvidia has posted strong results so far this year and remains the AI GPU benchmark.
Against AMD in GPUs and Broadcom and Marvell in custom AI chips, Nvidia is described as the cheapest on both trailing and forward P/E measures, reinforcing the view that skepticism has compressed its valuation.