6/3/2023 0 Comments Nvda market cap 2015![]() However, Nvidia is primarily facing transitory issues that should not impact the company's long-term revenue growth and earnings potential. The chip giant is going through a challenging period and experiencing an earnings decline. However, now that the stock is down by nearly 70% from its highs, Nvidia looks much more attractive. Remarkably, Nvidia had a market cap of around $800 billion and was trading at approximately 100 times TTM earnings and roughly 40 times TTM sales. Nvidia was one of the primary examples I used to outline how overvalued the market was in November 2021 in my " Epic Drop Is Coming " article. I was adamant about Nvidia ( NASDAQ: NVDA) being grossly overbought towards the end of the bull market last year.
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