Nvidia: Trucks, Tokens, And A 28x Multiple

Summary Nvidia Corporation maintains a Strong Buy rating, supported by robust revenue guidance and resilient gross margins despite memory cost pressures. October quarter revenue is guided at $108 billion, with a 74% gross margin and a 71% margin floor expected for January, both surpassing critical thresholds. Rubin platform drives a 60% increase in revenue per gigawatt, enabling NVDA to target 70% revenue growth for fiscal 2028, outpacing Wall Street expectations. Potential NVDA risks include $36 billion in guaranteed AI cloud revenue floors, but NVDA's free cash flow and demand-driven shortages underpin continued growth confidence. BING-JHEN HONG/iStock Editorial via Getty Images In my previous analysis , I argued that Nvidia Corporation’s ( NVDA ) latest quarter numbers were pretty much settled before the print and that only two things would get me to change my This article was written by Rick Orford 4.95K Followers Follow Rick is a Wall Street Journal best-selling author and financial writer specializing in stocks and options trading. He's recognized as a top 1% financial expert and blogger on TipRanks, and his work, in both written and video form, has appeared in Good Morning America, Forbes, Yahoo Finance, MSN, Business Insider, InvestorPlace, Benzinga, SoFi, Barchart, Thrive Global, and many more. Journalists and editors can find his verified credentials on MuckRack.His passion is business, and he works tirelessly to make complex investing ideas easy to understand, whether on his YouTube channel, in his books, or across his published work.Rick started his career young. In 2004, he founded a web marketing agency that was acquired in 2007. He and his partner then became pioneers in the telecom industry, offering a business phone service that worked from anywhere. The company grew rapidly through innovation and strategic acquisitions before being sold in 2014 for a seven-figure exit.Between 2009 and 2015, Rick served on the board of directors of GVCCU, where he gained inside experience in the mortgage and lending business.In 2018, he wrote The Financially Independent Millennial to share his story of reaching financial independence at age 35 despite not learning about money growing up. His books are written to be approachable and often highlight the lessons he wishes he could have told his younger self.Rick later co-authored Success Mindsets, which became a Wall Street Journal bestseller on November 13, 2021.When he's not analyzing markets, Rick is an enthusiast of fast cars, technology, and good food. Analyst’s Disclosure: I/we have a beneficial long position in the shares of MSFT, GOOGL, AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.