The PE multiple will be much higher than 33. In the guidance provided by their CFO last Q, gross margin is already being adjusted to mid 70s at best, so street is expecting 73% at this point. This is why I assigned a higher PE multiple under the scenario of 75% gross margin.
On the revenue, $125B for this fiscal year should be pretty close as we already have 2 quarters of revenue reported, and Q3 I am expecting in line (due to lack of Blackwell sales).
The November earning will be "all about" future projection provided by Nvidia as that is where the future quarters of Blackwell will kick in.
