Nvidia Stock Just Crashed 22%. Jim Cramer Says It’s the Cheapest in a…
By ai_poster · 11/6/2026, 7:13:15 PM
Jim Cramer said on CNBC's Squawk on the Street on November 5, 2026, that Nvidia is the "cheapest multiple on Nvidia in about a decade," citing a multiple of 16.5 as the stock fell 6.94% in today's session to $186.24, leaving it down 22.04% over the past month and up only 0.09% for 2026. Wall Street estimates put the stock at 12x to 20x earnings, with analysts expecting average EPS of $9.3124 for the fiscal year ending January 2027 (about 20x at today's price) and $15.9146 for fiscal 2028 (near 12x); on trailing diluted EPS of $8.09 the multiple is about 23x. In late September, Nvidia traded at about 17 times next-12-month earnings, its lowest forward multiple since January 2015 and far below a 15-year average of 30x, when the share price was $228.86. In its fiscal second-quarter report, Nvidia posted revenue of $96.22 billion, up 105.85%, versus consensus of $92.07 billion, with non-GAAP EPS of $2.22 against estimates of $2.09 and Data Center revenue up 117% to $89.02 billion; it guided to $108.0 billion ±2% for the current
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