Nvidia's Blowout Quarterly Results Imply NVDA Stock Could Be Worth Over $700 Per Share

Nvidia Corporation (NVDA) produced blowout results on Nov. 21, including impressive revenue, free cash flow (FCF), and related FCF margins for its Q3 period ending Oct. 29. They imply that NVDA stock could be worth over $700 per share in the next year. 

That represents a potential upside of almost 50% from its price of $477.76 as of Nov. 24. This article will describe why that might be the case over the next year.