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NVIDIA Corporation — Intrinsic Value & Fair Price

NVDA
NASDAQTechnologySemiconductorsCIK 0001045810nvidia.comAbout NVDA
Last close · Oct 16, 2026214.13−3.10 (−1.43%)
Market cap$5.2T
Model value · DCF · Perpetuity growth · 5y
220.53
NVIDIA closed at $214.13 — undervalued by 3% vs model.
165.46the model's range334.34

DCF · Perpetuity growth · 5y leads for a high-growth company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
20.78 – 554.66
Wall St. target
317.50 33% below
Below model, 1y
12 of 97 days

Price and model value

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What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
0.24%
Past 2 years
low 0.02%high 0.25%
Dividends per share, a year at a time
$0.02Aug ’21$0.02Sep ’22$0.02Sep ’23$0.03Sep ’24$0.04Sep ’25$0.52TTM
Dividends / free cash flow, FY2026
1.0%
Raised
2 years in a row
Growth, 5 yrs
100.6% a year
Last change
+2400.0% · Jun 2026
Every payment, with ex-dates · latest $0.25, paid Oct 1, 2026

Research on NVDA

2 posts
How we value a stock: twelve models, one number
The headline on a valuation page here is the median of twelve models. Which twelve, which of them count for a company, and where the rate comes from.
Allen Yan · · 9 min · 中文
How to read a reverse DCF: the growth a stock price implies
A step-by-step walk from a stock price to the one number it hides: how fast free cash flow has to grow to justify it, worked through on NVIDIA.
Allen Yan · · 12 min · 中文
Studied NVDA from its filings? Guest posts are reviewed before they go live.Write about NVDA →

How it is valued

Valued asHigh growth
High revenue growth (~88% recent)High profitability (56% net margin)Highly cyclical earnings
What growth the price implies: the reverse DCF

Key figures

FY2026 · chosen for high-growth companies
Price / sales
24.2×
Revenue growth
65.5%
Gross margin
71.1%
Operating margin
60.4%
FCF margin
44.8%
EV / EBITDA
35.7×
On the lists: #1 Largest companies
Full financials

Analyst actions

third-party, quoted
10-05BNP Paribas · target345.00
10-02Wells Fargo · target210.00
10-02Morgan Stanley · target230.00
10-15HSBC · “Buy” from “Hold”upgrade
Ratings, targets and estimates

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just NVDA. No account.

About NVIDIA

NVIDIA Corporation stands as a prominent provider of advanced graphics, computational, and networking solutions, operating across the United States, Taiwan, China, and numerous international markets. Its Graphics division encompasses GeForce GPUs, central to PC gaming and personal computing experiences, along with the GeForce NOW cloud gaming service and its supporting infrastructure, as well as dedicated solutions for various gaming platforms. For professional visualization, it provides Quadro and NVIDIA RTX GPUs for enterprise workstations, further offering vGPU software designed for cloud-centric visual and virtual computing, automotive platforms for in-vehicle infotainment, and the Omniverse software suite, facilitating 3D design and virtual world creation. The Compute & Networking segment is a cornerstone for AI, high-performance computing (HPC), and accelerated data center platforms. It integrates Mellanox networking and interconnect solutions, delivers automotive AI Cockpit technologies, fosters autonomous driving development through strategic agreements, and offers comprehensive autonomous vehicle solutions. This segment also manufactures cryptocurrency mining processors, supplies Jetson platforms for robotics and other embedded applications, and offers enterprise AI software, including NVIDIA AI Enterprise. These diverse offerings find widespread application across the gaming, professional visualization, data center, and automotive sectors. NVIDIA distributes its portfolio through a broad ecosystem, engaging original equipment and device manufacturers, system integrators, add-in board makers, retail channels, software vendors, internet and cloud service providers, automotive companies (both manufacturers and tier-1 suppliers), mapping firms, nascent technology ventures, and other industry stakeholders. A notable strategic partnership exists with Kroger Co. Founded in 1993, NVIDIA Corporation maintains its corporate headquarters in Santa Clara, California.

CEO
Jensen Huang
Headquarters
Santa Clara, CA
Employees
42,000
IPO
1999-01-22
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.