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  1. Nvidia's Story Makes Sense but Its Stock Price Doesn't: Damodaran
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Nvidia's Story Makes Sense but Its Stock Price Doesn't: Damodaran

Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. 'Dean of Valuation' Aswath Damodaran says the story behind Nvidia's stock surge makes sense but its current price doesn't • The narrative behind Nvidia's stock rally makes sense but its current share price doesn't, according to Aswath Damodaran. • The 'Dean of Valuation' thinks Nvidia would have to dominate the whole AI market to justify its current price. • There's too little upside left to the chipmaker's stock, the NYU finance professor told CNBC. Nvidia's spectacular 185% rally has been the highlight of the US stock market this year. The chipmaker outperformed every other S&P 500 stock as investors boosted bets it will benefit substantially from the artificial-intelligence boom. That story makes sense, but the stock's current price of around $415 doesn't, according to NYU finance professor Aswath Damodaran, who earned the nickname 'Dean of Valuation' for his focus on estimating the value of assets. Nvidia would have to "decimate or dominate the entire AI market for it to be justifying this price," Damodaran told He told news outlets at the time that as someone who specializes in spotting stocks that trade below their intrinsic value, he couldn't justify holding on to Nvidia shares. "AI has been this buzzword that pushes every company forward. The two companies ...

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Latest Insider Trading | Filter Ticker Owner Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4 Director Jun 13 Sale 7.51 19,700 147,986 40,956 Chief Financial Officer Jun 13 Option Exercise 1.32 34,607 45,837 738,215 Chief Financial Officer Jun 13 Sale 7.32 75,820 554,814 703,608 Chief Executive Officer Jun 14 Sale 3.39 1,212 4,109 86,246 Chief Financial Officer Jun 13 Sale 68.94 3,224 222,278 0 Chief Accounting Officer Jun 13 Sale 69.45 337 23,405 0 Director Jun 15 Sale 6.49 11 74 181,210 President, International Jun 13 Sale 202.55 14,917 3,021,438 59,672 10% Owner Jun 13 Buy 13.41 98,911 1,326,397 71,450,423 10% Owner Jun 14 Buy 13.40 186,148 2,494,383 71,636,571 Chief Executive Officer Jun 13 Option Exercise 0.00 100,000 0 121,602 Chief Executive Officer Jun 13 Sale 10.49 100,000 1,049,000 21,602 President, Digital Media Jun 14 Option Exercise 0.00 1,933 0 11,267 President - CEO Jun 14 Buy 45.49 1,200 54,588 47,562 Global Head of Sales Jun 15 Sale 277.25 1,000 277,250 70,899 SVP, RE & Dev Jun 15 Option Exercise 16.00 7,500 120,000 75,812 SVP, RE & Dev Jun 15 Sale 43.31 7,500 324,811 68,312 See Remarks Jun 13 Option Exercise 1.03 40,000 41,200 93,482 See Remarks Jun 13 Sale 12.87 41,390 532,878 53,482 See Remarks Jun 15 Sale 12.03 10,000 120,300 43,482 Director Jun 13 Option Exercise 15.18 25,000 379,500 55,000 Chief of Clients and Markets Jun 13 Sale 50.00 3,244 162,200 28,130 EVP, Research & Advisory Jun 13 Sale 353.80 420 148,596 11,787 VP ...

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