Nvidia Stock: Buy or Sell? (My Final Verdict) | NVDA Stock Deep Dive Part 5

Parkev Tatevosian, CFA•Sep 4, 2026

Summary

Parkev argues that Nvidia's quarterly performance has significantly exceeded expectations, leading to an upward revision of the company's fair value. Parkev states that the intrinsic value of the stock has moved from $300 to $341, which suggests a roughly 50% upside from the current market price of $228. Parkev notes that Nvidia has exceptional visibility into its business, forecasting 70% revenue growth for the next fiscal year while highlighting that actual demand is likely much higher but limited by supply constraints.

Nvidia (NVDA): Parkev argues that Nvidia is his top-ranked stock because the company is effectively sold out through the end of fiscal year 2028 due to massive demand for AI infrastructure. Parkev states that the relationship with OpenAI alone could generate approximately $480 billion in revenue through 2030 based on 12 gigawatts of committed compute. Parkev mentions that any price below the $341 fair value estimate represents a strong investment opportunity, especially given Nvidia's ability to repurchase $20 billion in stock while maintaining billions in cash.

Micron (MU): Parkev states that Nvidia's earnings report contained fantastic news for Micron due to the extreme pricing conditions and rising costs in the memory market. Parkev notes that since Nvidia expects memory prices to head even higher next year, this serves as a major bullish signal for Micron's revenue potential. Parkev expresses surprise that Micron's stock price did not rise immediately following these revelations and intends to cover Micron's results in late September.

Mentioned Stocks

Sentiment: BUYAction: RECOMMENDED

Reasoning: Parkev views Nvidia's report as a major catalyst for Micron because Nvidia confirmed extreme pricing power and rising costs in the memory sector. Parkev argues that this environment is highly favorable for Micron's margins and revenue. Parkev states that the bullish signals from Nvidia make the industry outlook for Micron fantastic.

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NVDA

Sentiment: BUYAction: RECOMMENDED

Reasoning: Parkev upgraded his fair value estimate to $341 and sees a 50% upside. Parkev bases this on massive demand that exceeds the 70% growth supply limit, a lucrative partnership with OpenAI through 2030, and strong cash flows that allow for $20 billion in share buybacks. Parkev reiterates Nvidia as his top-ranked stock.

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