NVIDIA (NASDAQ:NVDA) Stock Price Target Cut by Citigroup

Posted by Francis Steltz on Nov 10th, 2026

NVIDIA (NASDAQ:NVDA – Get Free Report) had its price target decreased by investment analysts at Citigroup from $315.00 to $285.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the computer hardware maker’s stock. Citigroup‘s target price suggests a potential upside of 69.59% from the stock’s previous close.

Several other research analysts have also recently issued reports on NVDA. Rosenblatt Securities reiterated a “buy” rating and issued a $390.00 price objective on shares of NVIDIA in a research report on Tuesday, September 29th. Morgan Stanley set a $230.00 target price on shares of NVIDIA in a research report on Friday, October 2nd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $350.00 price target on shares of NVIDIA in a research note on Thursday, October 1st. Wedbush increased their price target on shares of NVIDIA from $330.00 to $345.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. Finally, Rothschild & Co Redburn raised their price objective on shares of NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Five analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA currently has an average rating of “Buy” and an average price target of $318.75.

Check Out Our Latest Research Report on NVIDIA

NVIDIA Stock Performance

NASDAQ NVDA traded down $10.61 on Tuesday, hitting $168.06. 289,792,143 shares of the company’s stock were exchanged, compared to its average volume of 151,361,563. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The firm’s 50-day moving average price is $219.03 and its two-hundred day moving average price is $204.50. NVIDIA has a fifty-two week low of $164.27 and a fifty-two week high of $243.37. The firm has a market cap of $4.05 trillion, a price-to-earnings ratio of 21.27, a P/E/G ratio of 1.54 and a beta of 2.21.

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

NVIDIA announced that its board has authorized a stock buyback plan on Monday, September 28th that permits the company to buy back $150 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Share repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In related news, EVP Timothy S. Teter sold 30,460 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. The trade was a 1.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last 90 days. 3.94% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On NVIDIA

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jupiter Topco LLC acquired a new position in NVIDIA in the 2nd quarter valued at $16,156,076,000. Van ECK Associates Corp lifted its stake in shares of NVIDIA by 34.7% during the 2nd quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker’s stock worth $15,176,771,000 after purchasing an additional 19,522,304 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of NVIDIA during the third quarter worth $3,921,459,000. State Street Corp boosted its holdings in shares of NVIDIA by 1.6% during the second quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker’s stock worth $202,047,568,000 after purchasing an additional 15,897,836 shares during the last quarter. Finally, Amundi grew its position in shares of NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock valued at $23,329,141,000 after purchasing an additional 12,575,177 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Some analysts remain constructive despite the selloff: Wells Fargo maintained an “overweight” rating while lowering its price target, and Zacks cited oversold technical conditions and rising earnings estimates as possible support for a rebound. Zacks on potential trend reversal
Positive Sentiment: Demand fundamentals remain a counterweight to the headlines: NVIDIA’s latest reported quarter beat earnings and revenue expectations, with revenue more than doubling year over year. A report also said TSMC delivered record sales, underscoring strength in the AI chip supply chain. TSMC AI growth report
Neutral Sentiment: President Trump expressed support for Huang, but that does not resolve the company’s board inquiry or potential congressional scrutiny. Investors may look for more clarity at NVIDIA’s upcoming earnings report. Trump comments on Huang
Negative Sentiment: The main concern is a widening governance and national-security controversy. NVIDIA’s board is investigating reports about Huang’s relationship with Alice Huang, whom U.S. officials reportedly suspect of ties to Chinese intelligence. Reports alleging that the relationship helped facilitate $7.5 billion in chip shipments to Chinese firms have not been independently verified; the allegations raise risks of regulatory action and renewed export restrictions. Report on chip probe and Huang scrutiny
Negative Sentiment: Investors also face CEO succession uncertainty: coverage highlights NVIDIA’s dependence on Huang and a lack of a clearly communicated succession plan. Securities class-action litigation has been filed, adding another source of uncertainty. Coverage of succession risk
Negative Sentiment: Analyst caution and competitive concerns add to pressure: Citi cited potential memory-cost-driven margin compression, while rivals’ AI chips and software developments could challenge NVIDIA’s position over time. Citi price-target and margin report

About NVIDIA

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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.