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Nvidia stays a Buy despite CEO resignation, with strong leadership and growth outlook.

Market News
13 Nov 2026, 16:46 WIB
Seeking Alpha
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Bullish
Nvidia stays a Buy despite CEO resignation, with strong leadership and growth outlook.

Nvidia remains a Buy following CEO Jensen Huang's resignation, with interim CEO Colette Kress and board chair Harvey Jones maintaining experienced leadership. The company projects fiscal Q3 revenue around $108 billion and aims to adopt the Vera Rubin technology. A price target of $285.30 suggests a 68% upside, based on expectations of Nvidia reaching a 16-20x earnings multiple by FY2028. However, regulatory challenges and competition could impact this optimistic outlook despite strong near-term performance.

Nvidia shares are trading at USD 162.30 on Pluang as of Nov 13, 2026 22:01 WIB, down 2.34% for the day. The stock shows strong investor interest with 84% of orders on Pluang being buys. Typical holding time for Nvidia on the platform is 117 days, indicating a medium-term investment horizon among users.

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