Nvidia's bear case: Is the hype train running out of tracks?
Nvidia (NVDA) bulls are charging ahead, but there’s a compelling bear case to consider for the world’s most valuable chipmaker. The company reports earnings after the market close on Wednesday, and the hype is hard to ignore. Nearly 90% of analysts covering Nvidia rate the stock a Buy, according to Yahoo Finance data, with an average price target of around $162, implying about 25% upside from current levels. The stock has surged roughly 600% over the past three years and is up 40% year over year, though it's down slightly year to date amid concerns about AI demand and restrictions on chip exports to China. Now, some industry experts are beginning to ask: How much of Nvidia’s AI dominance is already priced in, and could a downside surprise be simmering under the surface? To watch more expert insights and analysis on the latest market action, check out more Opening Bid here.