NVIDIA's forward P/E ratio drops to a 14-year low, with stock price falling more than 30% from its historical high
2026-11-13 05:50:19
According to CoinMeta, NVIDIA’s stock price has recently plummeted significantly, with the forward price-earnings ratio dropping to around 12 times, the lowest level since 2012. Following Jensen Huang’s resignation, NVIDIA’s stock price fell by more than 4% on Thursday and has accumulated a decline of about 11% this week, falling by over 30% from its historical high on October 6th. There are concerns in the market that the construction of AI data centers may slow down. NVIDIA’s Chief Financial Officer, Colette Kress, is currently serving in an interim CEO role, and the company is in the process of finding a permanent successor. Analysts maintain their expectations for strong profit growth at NVIDIA, anticipating that chip demand will continue to exceed supply. The market expects NVIDIA’s revenue for the October quarter to increase by 92% year-over-year, with net profits exceeding $60 billion and growing by 89% year-over-year. NVIDIA will release its financial report next Tuesday, and investors will be closely watching Kress’s remarks on the company’s future performance prospects; her guidance may receive even more attention than the financial report itself.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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