Prediction: Nvidia Stock Will Double After This Historic $150 Billion Move

Nvidia announced a historic $150 billion increase in share repurchase authorization, bringing total authorization to $235 billion through fiscal 2028. The article argues this signals management confidence in the company's undervaluation, citing Nvidia's 120% YoY earnings growth, 29x trailing P/E ratio (below Nasdaq average of 39), and expected 70% revenue growth in fiscal 2028. The analyst projects the stock could reach $526 by end of fiscal 2029 (132% upside) based on expected EPS of $21.06 and a 25x earnings multiple.