Analysts call Nvidia stock 'silly cheap'
The gist
Mizuho analyst Jordan Klein called Nvidia 'silly cheap' with a forward P/E below 10x.
The discount hinges on whether CEO Jensen Huang stays through a board investigation.
How it unfolded
- Nov 8, 2026Nvidia announced its board had launched an independent investigation into reports that CEO Jensen Huang was targeted by a foreign intelligence operation.
- Nov 10, 2026Nvidia shares fell more than 6% as questions grew about Huang's future.
- Nov 10, 2026Mizuho tech analyst Jordan Klein told CNBC the stock is 'silly cheap,' citing a forward P/E below 10x; Evercore ISI's Julian Emanuel said the selloff could be a buying opportunity if leadership stays stable.
Key terms
- forward P/E
- A company's earnings per share over the past twelve months, used as the denominator in a price-to-earnings ratio.
- gross profit margin
- Revenue minus cost of goods sold, divided by revenue, expressed as a percentage.
- S&P 500
- A stock market index tracking the performance of 500 large US companies listed on American exchanges.
Source: Wikipedia