NVIDIA stock scenarios after Jensen Huang’s resignation

NVIDIA's stock price is currently trading at $162.61, down 2.15% as of November 13, 2026. Following the resignation of CEO Jensen Huang on November 12, CFO Colette Kress has taken on the role of interim CEO. The stock experienced a sharp decline of up to 14% at the opening bell, but later recovered, closing at $166.19, marking a 4.3% decrease from its previous level. Trading volume more than doubled compared to the usual level.

Investors are now awaiting the announcement of a permanent CEO replacement and the release of the company's earnings on November 17. It is important to note that these scenarios are merely illustrative and not actual forecasts. Technical readings were taken from the daily timeframe as of November 13, 2026.

In the bullish scenario, Raymond James has maintained its Strong Buy rating, while Goldman Sachs has set a target price of $220, and BMO has set a target price of $240. Analysts suggest that the fundamentals of the company have not changed significantly, and Colette Kress, an internal hire, is familiar with NVIDIA's order book.

On the other hand, StoneX and KeyBanc have downgraded their ratings, citing the lack of a clear succession plan, the absence of a Chief Operating Officer (COO), and the ongoing investigation into the board chair's role. This uncertainty surrounding leadership has raised headline risk, making the stock more volatile.

The interim CEO position leaves the real decision-making process uncertain, and any surprise announcement of an outsider as the new CEO could result in a significant price movement. As the market is currently reevaluating the leadership uncertainty, the earnings call on November 17 may provide more insight, with analysts focusing more on the company's backlog rather than the quarterly results.

Technical analysis suggests that a move in NVIDIA's stock price above the $172.58 R1 pivot level could open the path for a relief rally. Conversely, a drop below the $148.80 52-week low could trigger a second-leg-down scenario.