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Morningstar increases Nvidia’s fair value estimate to US$240, sees ‘no signs’ of near-term AI bubble

Felicia Tan
Felicia Tan • 3 min read
Morningstar increases Nvidia’s fair value estimate to US$240, sees ‘no signs’ of near-term AI bubble
Nvidia reported a record revenue of US$57 billion ($74.31 billion) for the 3QFY2025 ended Oct 26, 22% higher q-o-q and 62% up y-o-y. Photo: Bloomberg
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Morningstar Research senior equity analyst Brian Colello has kept his “four star” rating on Nvidia after the semiconductor firm reported a record revenue of US$57 billion ($74.31 billion) for the 3QFY2025 ended Oct 26, 22% higher q-o-q and 62% up y-o-y.

Generally accepted accounting principles (GAAP) and non-GAAP gross margins for the quarter stood at 73.4% and 73.6% respectively.

3QFY2025 GAAP and non-GAAP earnings per share (EPS) on a diluted basis were both $1.30.

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