BUZZ - Nvidia shares plunge after the company announces CEO Jensen Huang will resign
路透社2026/11/12 14:18Latest Updates
November 12 - ** NVIDIA (NVDA.O) shares plunge 10.3% in pre-market, to $155.81
** CEO Jensen Huang will resign immediately (link)
** The company announced that while searching for a permanent successor, CFO Colette Kress will serve as interim CEO
** Jensen Huang, co-founder of NVIDIA and the fourth largest shareholder with about 3.61% stake, will also exit the board of directors
** Brokers such as Oppenheimer, Evercore ISI, and Bernstein downgraded the stock; Bernstein lowered its price target to $200, a 50% reduction
** As of the previous trading day's close, NVDA has dropped 6.8% so far this year
** Here are actions taken by major brokers on the stock this week:
Broker | Rating | Target Price |
Oppenheimer | Perform (previously Outperform) | - |
Bernstein | Market Perform (previously Outperform) | $200 (previously $400) |
Evercore ISI | Market Perform (previously Outperform) | $186 (previously $465) |
Melius Research | Hold (previously Buy) | $185 (previously $315) |
Citi | Buy | $225 (previously $285) |
JPMorgan | Overweight | $215 (previously $320) |
RBC Capital Markets | Outperform | $230 (previously $330) |
BofA Global Research | - | $280 (previously $350) |
William Blair | Market Perform (previously Outperform) | _ |
Stifel | Buy | $205 (previously $315) |
Baird | Neutral | $200 (previously $500) |
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