Analyst Says Nvidia's Valuation Is Getting ‘Increasingly Attractive.’ Is Now a Good Time to Buy?

Artificial intelligence (AI) is reshaping industries, redefining efficiency, and unlocking human creativity like never before. At the heart of this transformation stands Nvidia (NVDA), a company whose powerful GPUs have become the backbone of AI infrastructure, driving cutting-edge advancements across the world.

Over the past three years, Nvidia’s stock has skyrocketed, delivering a 409.9% return to investors. Yet, despite its meteoric rise, recent fluctuations have stirred debate. However, Bernstein argues that Nvidia’s valuation remains attractive, driven by surging interest in AI and an upcoming product cycle, with the highly anticipated GTC 2025 AI conference on the horizon.