Analysts Call Nvidia Silly Cheap as Multiple Drops Below 10x Earnings Amid Probe

Wall Street analysts view Nvidia shares as a generational buying opportunity, with Mizuho Securities analyst Jordan Klein calling the stock silly cheap as its forward price-to-earnings multiple fell below 10 times. The compressed valuation comes as shares declined about 4% following news of an independent board investigation into CEO Jensen Huang, who was reportedly targeted in a foreign intelligence effort. While leadership and succession timeline uncertainties remain primary investor concerns, analysts from Mizuho and Evercore emphasize that Nvidia's earnings growth and enterprise artificial intelligence infrastructure spending remain robust.