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Jensen Huang Just Lost More Than $6 Billion on His Own Nvidia Shares in One Day. Wall Street Cut Its Targets the Next Morning

Via 24/7 Wall St.

Jensen Huang Just Lost More Than $6 Billion on His Own Nvidia Shares in One Day. Wall Street Cut Its Targets the Next Morning Jeremy Phillips Tue, November 10, 2026 at 7:02 AM EST 9 min read NVDA -0.32% Trade NVIDIA on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Nvidia closed at $178.67 Monday, down $7.97 (4.3%), about $192 billion of market value; Huang's 811,521,160 shares (his Sept. 18 Form 4) lost $6.47 billion and are worth $145.0 billion.

Tuesday morning Citi cut its target to $285 from $315 and Wells Fargo to $300 from $315; both sit 60% to 68% above Monday's close. Morningstar kept $310 and added espionage to its risks. Dan Ives: the Street prices a 15% chance Huang goes.

After Intel, McDonald's and Wynn reviewed their CEOs, the stocks fell 2.4% to 10.1% the first day and were 6.2% to 18.5% lower six months later, after each executive left.

A retiree with 3,000 shares bought for $42,945 holds $536,010, 22.3% of a $2.4 million portfolio; trimming to 10% costs $45,879 in federal tax this year, or $40,850 split across December and January.

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Jensen Huang lost more than $6 billion on his own Nvidia shares on Monday, and by Tuesday morning two of Wall Street's biggest banks had cut their price targets on the stock. Nvidia closed at $178.67, down $7.97, or 4.3%, one day after its board opened an independent investigation into reports that its founder was the target of a foreign intelligence effort. Across all 24.1 billion Nvidia shares the drop erased about $192 billion of market value. Huang's 811,521,160 shares, the count in his most recent Form 4, lost $6.47 billion of it.

A founder losing more than $6 billion in a day, and Citi and Wells Fargo trimming their targets the next morning, are a signal that Wall Street has started to price the chance that Nvidia has to run without him. The limit of that reading is that both banks still see the stock 60% to 68% above Monday's close, and analyst Dan Ives wrote that the Street is factoring in about an 85% chance that Huang stays.

Many successful investors eventually reach the same moment. The saving is done, the portfolio is built, and the question quietly changes from how much can I grow this to how much can I take out? Get that second question wrong and decades of good investing can come apart in a handful of years.

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If you hold Nvidia (NASDAQ: NVDA), the question is what to do with a position that is probably the biggest gain you have ever had. Below: what changed overnight, what Huang's own stake is worth now, how three other stocks behaved after a board looked at the man running them, and what a retiree with 3,000 shares would pay in tax to trim.

Citi cut its Nvidia target to $285 from $315 at 5:32 AM ET, according to MT Newswires. Its analyst Atif Malik, in a note Yahoo Finance quoted, listed the open questions: "potential governance implications, increased regulatory scrutiny and export-control compliance of the flow of H200 chips into China (

Read original at Yahoo Finance News

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