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Nvidia Downgraded by Analyst on Valuation Concerns Nvidia's stock has been downgraded by New Street Research analyst Pierre Ferragu due to concerns about its high valuation. The stock has risen 154% this year and 240% in 2023, making it "fully valued". The analyst believes that further upside will only come if the company's outlook improves materially beyond 2025. Nvidia is currently trading at 22 times its estimated revenue for the next 12 months, making it the most expensive stock in the S&P 500. #Nvidia #StockDowngrade #ValuationConcerns #ArtificialIntelligence #Chipmaker

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