Nvidia’s stock remains stagnant near $190 as its fiscal Q4 2025 earnings report approaches on February 25. Despite a forecast for significant year-over-year growth, some Wall Street analysts predict a post-earnings drop even if results beat expectations. With its forward P/E ratio near a five-year low and below the average of peers like Microsoft and AMD, Nvidia’s valuation presents a contrasting picture of high growth potential against investor caution.
Nvidia stock has been stalled near $190 for two months following a period of remarkable growth fueled by the AI boom. The company’s expansion slowed in the latter half of 2025 and is only recently showing signs of recovery. Its current valuation trades at less than 24 times forward earnings, close to a five-year low and well under its five-year average of roughly 38 times.
This forward price-to-earnings multiple also places Nvidia near the low end compared to its Big Tech peers. Wall Street analysts have recently expressed concerns about the stock’s trajectory ahead of its upcoming earnings release. The company is scheduled to report its fiscal 2025 fourth-quarter results on February 25.
Consensus estimates project Q4 revenue of $65.6 billion and adjusted earnings of $1.52 per share. However, some analysts are predicting that Nvidia stock will drop right after the report, even if the numbers beat. Both figures would represent year-over-year growth of approximately 71%, according to data from S&P Global.
The earnings report presents a pivotal moment for Nvidia as high expectations meet a seemingly undervalued stock. A failure to meet Wall Street’s expectations could see the stock decline further in price. Based on analyst ratings, the stock could fall to as low as $140 in the coming quarter should earnings disappoint.
Conversely, a return to $200 and above remains a favored outcome among most analysts. The average rating for NVDA stock is currently a buy, indicating a divergence in market sentiment. The final outcome will hinge entirely on the reported financial figures and the market’s subsequent reaction.
