Updated 13 November 2026, before the US open. Nvidia (NVDA) was quoted at $169.96 in premarket trading at 6:52 a.m. ET on Friday, up 2.3 percent from Thursday’s $166.19 close (CoinCentral, Finviz). Thursday was the first session after Jensen Huang resigned as chief executive; the stock fell as low as $148.80 before closing down 4.34 percent. Verdict: buyers are testing whether Thursday’s low was the bottom, with results due on 17 November. Reference levels: $187 above, $149 below.
Key facts
- Friday premarket: $169.96, up 2.3 percent, at 6:52 a.m. ET (CoinCentral); CNBC had the shares 1.8 percent higher at 5:00 a.m. ET.
- Thursday close: $166.19, down 4.34 percent (StockTitan data). Intraday low $148.80 (CNBC data).
- The week so far: $178.67 on Monday, $168.89 on Tuesday, $173.73 on Wednesday, $166.19 on Thursday.
- Leadership: Huang resigned as CEO, president and director, effective immediately. Finance chief Colette Kress is interim CEO, and Harvey C. Jones is the company’s first chair of the board, according to Nvidia’s release and an SEC 8-K dated 12 November.
- Successor search: Nvidia has hired an external firm to help find a permanent CEO (Bloomberg News, via Finviz).
- From the record: about 30 percent below the 6 October record close of $239.24 (StockTitan).
- Next catalyst: fiscal third-quarter results on Tuesday 17 November. The company guided to revenue of about $108 billion.
Why Nvidia is bouncing on Friday
The premarket gain follows a day in which the stock fell as much as 13 percent and then recovered most of the loss. Retail traders bought a net $111 million of Nvidia in the first 30 minutes of Thursday’s session, the largest opening bid Vanda Research has recorded, according to CNBC. Our report on the record dip-buying sets that figure against the day’s volume, and our Thursday page has the levels from before the announcement.
The bounce comes with the circumstances of Huang’s exit still unsettled. Nvidia’s 12 November announcement did not give a reason for the departure. It followed reports in the New York Times and Reuters of relationships with two Nvidia employees, and an independent board investigation into whether Huang had been targeted by a foreign intelligence effort. These are allegations in news reports; the board has not published findings. Our earlier report sets out the timeline.
Several analysts told CNBC the departure could cost Nvidia as much as 20 percent of its market value. Capital Economics’ Jonas Goltermann wrote that one person leaving is unlikely by itself to trigger a deeper tech downturn, but that many of the ingredients for one “already appear to be in place” (CNBC).
What analysts changed this week
At least 10 Wall Street analysts turned more bearish on Nvidia this week, according to FactSet figures reported by CNBC. Stifel cut its target to $205 from $315 and kept a buy rating. Baird cut to $200 from $500 and moved to neutral. KeyBanc’s John Vinh wrote that the departure “warrants a higher risk premium and lower valuation multiple for the stock”.
The new targets are still well above the share price. Stifel’s $205 is about 21 percent above Friday’s premarket quote, and Baird’s $200 about 18 percent. Barron’s notes the stock trades at less than 12 times expected earnings for the next 12 months (via CoinCentral).
Nvidia stock: bull, base and bear
| Scenario | NVDA | What has to happen | Anchor |
|---|---|---|---|
| Bear | $149 | More allegations or a weak guide on 17 November send the stock back to Thursday’s panic low. | Thursday’s intraday low of $148.80; about 12.4 percent below $169.96. |
| Base | $166-$179 | The stock trades between Thursday’s close and Monday’s close until the results. | $166.19 on 12 November and $178.67 on 9 November. |
| Bull | $187 | Kress delivers a clean quarter on 17 November and the stock recovers the whole week’s losses. | The $186.64 close of 6 November, before the board probe was announced; about 10 percent above $169.96. |
The bear case sits below the current price. These are reference levels measured from Friday’s premarket quote, not forecasts. Analysts’ 12-month targets, including Stifel’s $205 and Baird’s $200, sit above every level in the table.
What to watch
- Today, 8:30 a.m. ET: the US October producer price index, an hour before the open. Economists surveyed by Dow Jones expect a 0.4 percent monthly rise after September’s 1.3 percent.
- $166.19: Thursday’s close. A gap back below it would undo the premarket bounce.
- $173.73: Wednesday’s close, the first level above.
- 17 November: fiscal Q3 results, Kress’s first as interim CEO. Guidance was about $108 billion of revenue.
- The CEO search: any shortlist or permanent appointment. Our Nvidia CEO odds page tracks the prediction markets.
The fallout has spread across AI hardware. Our Micron page covers the memory names, which lost less than Nvidia on Thursday.
Quick take: Nvidia was up 2.3 percent at $169.96 before Friday’s open, after closing Thursday at $166.19 on the day Jensen Huang resigned. Colette Kress is interim CEO and a search firm is looking for a permanent one. The 17 November results are the next test. $149 is the downside reference, $187 the upside.
FAQ
What is Nvidia’s stock price today?
NVDA was quoted at $169.96 in premarket trading at 6:52 a.m. ET on Friday 13 November, up 2.3 percent from Thursday’s $166.19 close (CoinCentral).
Why did Jensen Huang resign?
Nvidia did not give a reason. The resignation followed news reports of relationships with Nvidia employees and a board investigation into whether he was targeted by a foreign intelligence effort. These are allegations; the board has not released findings.
Who is Nvidia’s CEO now?
Colette Kress, the chief financial officer, is interim CEO. Harvey C. Jones became the company’s first chair of the board. An external firm is helping with the search for a permanent CEO.
How far did Nvidia stock fall on Thursday?
As low as $148.80 during the session, a fall of about 13 percent. It closed at $166.19, down 4.34 percent.
When does Nvidia report earnings?
Fiscal third-quarter results are due on Tuesday 17 November. The company guided to revenue of about $108 billion.
What are analysts’ price targets for Nvidia now?
Stifel cut its target to $205 from $315 and Baird to $200 from $500 this week. Both are about 18-21 percent above Friday’s premarket price.
Sources: CoinCentral, Finviz and CNBC, 13 November 2026 (premarket quotes, leadership coverage, analyst views); StockTitan, 12 November 2026 (close, record close); CNBC data and Vanda Research via CNBC, 12 November 2026 (intraday low, retail flows); FactSet via CNBC (analyst changes); Nvidia release and SEC 8-K, 12 November 2026 (leadership change); Bloomberg News via Finviz (search firm); Barron’s via CoinCentral (valuation); Dow Jones survey (PPI forecast).
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Stock prices are volatile. Do your own research and consult a licensed financial adviser before making investment decisions.