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Nvidia shares drop 32% amid CEO resignation, but strong growth outlook offers 46% upside potential.

Analyst Insights
15 Nov 2026, 16:00 WIB
Seeking Alpha
View Source
Bullish
Nvidia shares drop 32% amid CEO resignation, but strong growth outlook offers 46% upside potential.

Nvidia's stock has fallen nearly 32% since October, partly due to CEO Jensen Huang's unexpected resignation, raising concerns about leadership continuity. Despite this, the company shows strong fundamentals with a consensus forecast of $108.73 billion revenue and $2.47 EPS for Q3, following eight straight quarters of earnings beats. Nvidia trades at about 10 times projected FY2028 earnings, with expected revenues nearing $695 billion, signaling significant growth potential. However, a 55% sequential rise in receivables compared to 18% revenue growth has increased scrutiny on cash flow ahead of new product deployments.

Nvidia's stock price on Pluang stands at its 52-week low of USD 162.85 as of Nov 15, 2026 21:01 WIB, down 2.01% for the day, contrasting sharply with its 52-week high of USD 239.27. Despite the recent leadership uncertainty, 83% of Pluang investors are buying the stock, reflecting confidence in its long-term potential. The market cap at $3.93 trillion highlights Nvidia's significant size in the technology sector.

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