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Nvidia just doubled its revenue while its stock barely moved, and Wall Street is split on what comes next. The math behind a $500 price target by 2031 is tighter than it looks, and one overlooked number changes everything.
NVIDIA just posted quarterly revenue that would have counted as a strong full year not long ago, yet the stock still trades at a fraction of what its earnings growth suggests it deserves. Something has to give, and the path to $350 runs through three very specific conditions.
TradingKey - On September 28, Eastern Time, Nvidia (NVDA) shares bucked the trend and gained amid broader pressure on technology stocks, driven primarily by its newly announced massive stock buyback plan. On September 28, Nvidia announced that its board of directors approved an additional $150 billion for its existing…