NVIDIA (NASDAQ:NVDA) Shares Down 4.3% – What’s Next?

Posted by Brian Himes on Nov 9th, 2026

Shares of NVIDIA Corporation (NASDAQ:NVDA – Get Free Report) fell 4.3% on Monday. The company traded as low as $170.24 and last traded at $178.67. Approximately 455,532,983 shares were traded during mid-day trading, an increase of 202% from the average daily volume of 150,715,156 shares. The stock had previously closed at $186.64.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA announced a collaboration with South Korea’s Rebellions and SK Telecom to support sovereign AI infrastructure using NVIDIA’s NVLink Fusion and MGX platforms, which could extend its technology ecosystem and customer reach. NVIDIA, Rebellions and SK Telecom announce collaboration
Positive Sentiment: Some analysts remain bullish: RBC reaffirmed an Outperform rating with a $330 price target, and Goldman Sachs reaffirmed Buy with a $300 target. The company’s most recently reported quarter also showed revenue more than doubling year over year, providing a strong operating backdrop. What to watch during earnings
Neutral Sentiment: NVIDIA says the board has no reason to believe company secrets or national security were compromised, and Huang says he is cooperating with the inquiry. The investigation’s findings and NVIDIA’s upcoming earnings are important potential catalysts. NVIDIA board investigation details
Negative Sentiment: Huang acknowledged an extramarital relationship with a business executive whom U.S. officials reportedly suspect of ties to Chinese intelligence. The board’s independent probe, possible congressional scrutiny and questions about whether Huang could remain CEO have raised governance and leadership-continuity concerns. Reports that NVIDIA lacks a clear public succession plan add to investor uncertainty. CEO investigation and succession concerns
Negative Sentiment: The allegations could intensify scrutiny of NVIDIA’s China business and chip-export controls, potentially complicating sales or policy discussions. Separately, Google’s expanded in-house AI-chip lineup represents a competitive challenge, while concerns about data-center financing and regulation are weighing on the broader AI infrastructure outlook. China ambitions under scrutiny

Analysts Set New Price Targets

NVDA has been the subject of several research reports. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research report on Wednesday, August 26th. Rosenblatt Securities reissued a “buy” rating and issued a $390.00 price objective on shares of NVIDIA in a report on Tuesday, September 29th. Phillip Securities boosted their target price on shares of NVIDIA from $285.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, August 31st. Stifel Nicolaus set a $315.00 target price on shares of NVIDIA in a report on Thursday, August 27th. Finally, Piper Sandler initiated coverage on shares of NVIDIA in a research note on Wednesday, September 9th. They set an “overweight” rating and a $300.00 price target on the stock. Five analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and a consensus price target of $317.57.

Check Out Our Latest Analysis on NVDA

NVIDIA Stock Down 4.3%

The company has a 50-day moving average price of $219.80 and a 200 day moving average price of $204.53. The firm has a market capitalization of $4.31 trillion, a PE ratio of 22.59, a P/E/G ratio of 1.43 and a beta of 2.21. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.13. The company had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. NVIDIA’s quarterly revenue was up 105.9% on a year-over-year basis. During the same period last year, the company posted $1.05 earnings per share. Analysts forecast that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a dividend of $0.25 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. NVIDIA’s dividend payout ratio (DPR) is presently 12.64%.

NVIDIA announced that its Board of Directors has initiated a stock buyback program on Monday, September 28th that permits the company to buy back $150 billion in shares. This repurchase authorization permits the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Share repurchase programs are often an indication that the company’s board believes its shares are undervalued.

Insider Buying and Selling

In related news, CFO Colette Kress sold 34,918 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the transaction, the chief financial officer directly owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of the firm’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the transaction, the executive vice president owned 2,687,660 shares of the company’s stock, valued at $598,810,648. This represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Corporate insiders own 3.94% of the company’s stock.

Hedge Funds Weigh In On NVIDIA

Institutional investors have recently bought and sold shares of the business. White Lighthouse Investment Management Inc. boosted its stake in shares of NVIDIA by 0.9% during the third quarter. White Lighthouse Investment Management Inc. now owns 5,304 shares of the computer hardware maker’s stock valued at $1,211,000 after purchasing an additional 46 shares in the last quarter. Retirement Wealth Solutions LLC raised its stake in NVIDIA by 1.2% in the second quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker’s stock worth $825,000 after buying an additional 47 shares in the last quarter. LightSquare Wealth Management LLC lifted its holdings in NVIDIA by 0.3% during the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock worth $3,741,000 after buying an additional 49 shares during the period. CWS Financial Advisors LLC lifted its holdings in NVIDIA by 3.1% during the third quarter. CWS Financial Advisors LLC now owns 1,653 shares of the computer hardware maker’s stock worth $377,000 after buying an additional 49 shares during the period. Finally, Defender Capital LLC. boosted its position in NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock valued at $1,507,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

About NVIDIA

(Get Free Report)

NVIDIA Corporation develops graphics processing units (GPUs), accelerated computing platforms and related software. Founded in 1993, the company first became widely known for GPUs used in PC gaming and professional graphics. Its technology now also supports artificial intelligence, scientific computing and other data-intensive applications.

NVIDIA’s offerings include GeForce products for gaming, data-center GPUs and systems for AI workloads, and networking products that connect computing infrastructure.