Nvidia looks interesting again because rising earnings estimates have not been reflected in its valuation. FY28 EPS estimates rose about 25% in 60 days while shares stayed roughly flat; it trades below 14 times FY28 earnings with a mid-single-digit free-cash-flow yield. Exponential change is hard to grasp, and it is hard to see Nvidia not winning if the US does, though there is little capital to absorb market wobbles. x.com  x.com 

Nvidia's rising revenue alongside a much lower P/E is getting hard to ignore. Its chart shows quarterly revenue above $80 billion in Q2 2026 while the P/E is around 30x, down from much higher multiples in prior years. x.com 

Nvidia is priced for perfection, so even strong earnings could send it lower; it fell after each of its last four beats, including one of 5.7%. Demand is real, with $1 trillion of orders for 2026–27 against about $253 billion of trailing sales, so slowing growth isn't the worry; the worry is that no result can satisfy a perfect price. At $5.2 trillion it is the S&P 500's biggest piece, and options imply a roughly 5% swing, about $260 billion, on the ~$92 billion of expected sales. x.com 

Nvidia's valuation gives too little credit to its expected long-term earnings growth. Its forward P/E-to-growth ratio is 0.28, the lowest since late 2023; the bullish read depends on those growth expectations proving accurate. x.com  x.com 

NVIDIA has ended three months of sideways trading and moved back into positive gamma, with its moving averages fanning upward again. Options money is betting on $220-240 calls ahead of its August 26 earnings, and near-dated Mag 7 call buying shows institutions positioning rather than retreating. After hitting its first target, it is not a chase here; a pullback to $210-216 that reclaims $214 would offer a re-entry toward the prior $236 high. x.com 

Nvidia's stock is likely to pop fast after earnings and drop faster, as it has for the past few quarters, because after-hours profit-taking always kicks in. x.com 

Nvidia's next move is being underestimated while attention is on Meta as the Magnificent Seven all-time-high candidate. Nvidia has increased its record buyback authorization to $235 billion into fiscal 2028, just as the stock breaks out from a year-long range. x.com 

Significant institutional-level dark-pool activity supports Nvidia's potential Q4 move back to its high, then $264 and $280. About $11 billion came in around $222 and $227.50, but the ride may be bumpy. After another pullback, holding the $223-$226 area for several days would confirm the setup; repeated sideways action after break attempts means staying away for now. x.com  x.com 

Falling AI token and compute prices are a perfect storm for Nvidia. Token costs are down about 30% since the start of June, falling on 15 of the past 18 days, while compute rental prices are 16% off their recent highs. The bull argument that this doesn't matter for Nvidia because the Silicon Token LLM index only tracks spot prices does not hold. x.com 

Nvidia is unbelievably cheap at 14x next year's fully taxed earnings for a multi-trillion-dollar company that is changing how people live day to day and just grew triple digits. x.com