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What the Nvidia scandal means for the company's earnings next week

Via Yahoo Finance

What the Nvidia scandal means for the company's earnings next week Daniel Howley · Technology Editor Fri, November 13, 2026 at 10:59 AM EST 2 min read NVDA -3.94% 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.

The fallout from the Nvidia (NVDA) board's ousting of co-founder Jensen Huang from his long-held role as CEO continues to reverberate across the tech and business worlds.

CFO Colette Kress has taken the reins as interim CEO, but myriad questions remain, ranging from who will become the next permanent leader of one of the world's most consequential companies to whether it will perform as well as before Huang's affair scandals broke.

All of this comes as Nvidia is scheduled to report its third quarter earnings next Tuesday.

This past week's upheaval won't impact earnings this quarter or next. Nvidia has sales locked in well in advance, meaning its bottom line won't take a hit for some time, if at all.

Nvidia is expected to report earnings per share (EPS) of $2.47 on revenue of $109.2 billion. That's a 90% increase in EPS and a 91% jump in revenue versus the same period last year.

Go deeper with AlphaSpace 159.64 -6.56 (-3.94%) As of 11:10:02 AM EST. Market Open. Kress will have to acknowledge Huang's departure and the company's plans moving forward during the call. And analysts will have plenty of questions.

A number of analysts have already either downgraded or cut their price targets on Nvidia stock.

Bernstein analyst Stacy Rasgon, who reduced his price target from $400 to $200 and lowered his rating from Outperform to Market Perform, wrote in an investor note that Kress's appointment is a positive for the company.

"We see considerable uncertainty around further newsflow that is probably going to be coming down the pipe, as well as the ability of any new CEO to truly fill Jensen's shoes given how tightly he managed the direction of the business and its relationships with customers, suppliers, employees, and the broader industry ecosystem," Rasgon wrote in a note to investors.

Baird Equity Research analyst Tristan Gerra said Huang's resignation turns a page for Nvidia but that the episode hasn't hit its bottom yet.

"Headwinds include potential incremental senior management departures, H200 write-down charges, potential risk channel revenue adjustments, potential litigation [and] fines, uncertainties until [a] new CEO is announced along with the risk of some market share loss in 2029 as customers make contingency plans on a major top management transition and looking beyond the current product roadmap, along with more clarity on the next CEO's views regarding customer financings," Gerra wrote in an investor note Thursday.

Email Daniel Howley at dhowley@yahoofinance.com. Follow him on X at @DanielHowley or reach out on Signal or Telegram.

Read original at Yahoo Finance News

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