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Nvidia stock drops 35% amid CEO removal fears but remains a strong buy with growth potential.

Analyst Insights
12 Nov 2026, 15:59 WIB
Seeking Alpha
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Bullish
Nvidia stock drops 35% amid CEO removal fears but remains a strong buy with growth potential.

Nvidia's stock has fallen about 35% from its October peak due to concerns over the possible removal of CEO Jensen Huang, raising governance and geopolitical issues. Despite this leadership uncertainty, Nvidia's existing orders, technological edge, and long-term AI growth outlook remain strong. The stock's valuation has significantly decreased, presenting a potentially attractive buying opportunity ahead of the November 17 earnings report. While risks like leadership changes and export restrictions persist, the current price offers substantial upside potential, supporting a 'Strong Buy' rating with a $220 price target.

Nvidia's stock on Pluang is priced at USD 155.36 as of Nov 12, 2026 21:02 WIB, down 10.57% in one day, showing a sharper drop compared to the 35% fall from its October peak mentioned in the article. Despite this volatility, the platform data reveals a strong buying interest with 69% of orders on Pluang being buys and a typical hold time of 118 days, indicating confidence among retail investors. The dividend yield remains modest at 0.58%, contrasting with the large market cap of $4.20 trillion, highlighting Nvidia's significant scale despite recent price declines.

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