Veteran Analyst Downgrades Nvidia Stock Ahead of Earnings Nauman Khan Fri, November 13, 2026 at 2:29 PM EST 1 min read NVDA -2.34% 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.
GF Securities analyst Jeff Pu downgrades Nvidia (NASDAQ:NVDA) to Hold, a neutral rating, from Buy and lowered his price target to $188 from $235, citing uncertainty after Jensen Huang's departure as CEO.
Pu said Huang's leadership is crucial to both Nvidia and the wider AI industry. He said key-man risk, the danger of relying heavily on one person, may weigh on the company and the sector, and the uncertainty is likely to linger.
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He advised watching Nvidia's wide range of AI-sector investments, the safeguards it has set up and any guarantees that remain outstanding.
Pu expects Nvidia to beat estimates when it reports results on Nov. 17. He expects guidance, the company's forecast for coming quarters, to land in line with estimates, which would be the first such outlook since the AI spending boom began.
Nvidia named finance chief Colette Kress interim CEO after Huang resigned Thursday, and the board has begun a search for a permanent successor that will weigh internal and external candidates.
