Nvidia (NASDAQ:NVDA) may feel it has little left to prove. The company has done nothing but deliver stellar results over the past few years, raising the bar with each successive earnings report.
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Forget margin or options. Here's how the pros trade NVDAAnd yet, jittery investors haven’t rewarded the company’s share price over the past half year. In fact, it took a recent Middle East ceasefire-related boost to finally push NVDA into positive territory for the year.
Indeed, the company has been sailing into the winds of worry, as fears of an AI bubble and geopolitical uncertainty have weighed on share prices across the board. The company’s stock fell even after its fiscal Q4 2026 earnings report, in which it delivered robust revenue growth, strong profitability, and guided for further gains ahead.
So while the numbers continue to impress, the reaction has been far less straightforward. Investor Konstantinos Kosmidis acknowledges the current phase may look “confusing,” but his stance remains clear.
“Strong fundamentals and robust AI infrastructure demand support bullish sentiment,” the 5-star investor argues.
Kosmidis points out that there was nothing bearish about Nvidia’s most recent quarterly numbers, with guidance only adding further confirmation for the growing appetite for the company’s products. And yet, it didn’t do the trick.
“Apparently, ‘excellent’ is not enough for a stock priced like NVDA anymore,” Kosmidis said.
The investor points out that tensions over Iran have been influencing the narrative of late. While risks revolving around the price of oil and other inflationary pressures aren’t trivial, Kosmidis predicts that an improvement in the macro backdrop will help propel NVDA upward again.
After all, the strong growth doesn’t seem to be going anywhere, as the hyperscalers are looking to spend more than $600 billion on capex in this year alone. Needless to say, Nvidia, which dominates this market, is well-positioned to be one of the “clearest beneficiaries” of this secular trend.
In other words, don’t get confused by the recent performance of NVDA’s share price, sums up the investor.
“All in all, the balance of risks and potential rewards is tilted to the bulls’ favor,” concludes Kosmidis, who gives NVDA a Strong Buy rating. (To watch Kosmidis’ track record, click here)
Nor does Wall Street think the bear case has much merit. With an overwhelming 41 Buys against just 1 Hold and 1 Sell, NVDA commands a Strong Buy consensus that leaves little room for doubt. Moreover, the $273.57 average price target suggests the stock could surge another 39% over the next year. (See NVDA stock forecast)
Disclaimer: The opinions expressed in this article are solely those of the featured investor. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.