Nvidia shares are trading near $156 after Jensen Huang’s resignation, about 35% below their October peak, and some investors see the selloff as a buying chance. Agar Capital, writing on Seeking Alpha, kept a Strong Buy rating with a $220 target, arguing that Nvidia’s order book, technology lead and long-term AI demand remain intact while its valuation has fallen sharply. RBC’s Srini Pajjuri also stayed positive with a Buy rating but cut his target from $330 to $230. Others are more cautious. Morgan Stanley removed Nvidia from its top picks this week, warning that Huang’s leadership was central to its strategy, and a CEO transition plus tighter export rules remain major risks. The next big signal comes on November 17, when Nvidia reports third-quarter results. The company guided for about $108 billion in revenue, and consensus expects $108.99 billion, up 91.2%, with earnings of $2.49 a share. Nvidia has beaten earnings estimates in each of the past four quarters.
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