<p>Nvidia (NASDAQ:NVDA) stock has pulled back from its May peak and is gradually approaching bear market territory. The shares have fallen nearly 20% from their year-to-date high, erasing billions of dollars from Jensen Huang’s fortune and inflicting losses on investors.</p>



<h2>Jensen Huang’s Net Worth is Falling as Nvidia Stock Retreats</h2>



<p>Forbes and Bloomberg estimate that Jensen Huang’s net worth has increased by $5.2 billion this year to $160 billion, making him the world’s ninth-richest person. </p>



<p>He ranks behind Tesla’s Elon Musk, Google co-founders Larry Page and Sergey Brin, Amazon’s Jeff Bezos, Dell’s Michael Dell, Oracle’s Larry Ellison, and LVMH’s Bernard Arnault.</p>



<p>Huang’s wealth has tumbled from nearly $200 billion earlier this year, mirroring the performance of Nvidia, the company he started in 1993. Its stock has dropped from a record high of $236 to the current $196, with its valuation falling from $5.72 trillion to $4.6 trillion today. He owns a 3% stake in the company. </p>



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<h2>Analysts are Optimistic About Nvidia’s Shares</h2>



<p>Despite the ongoing retreat, analysts are still highly optimistic about the company, which has become the poster child of the artificial intelligence supercycle.</p>



<p>Data compiled by Benzinga Pro shows that the average estimate among analysts tracking the company is that its shares will jump to $309, up by 62% from the current level. </p>



<p>Some analysts are more optimistic than that, with Baird’s Tristan Gerra estimating that it will jump to $500. Some of the other highly bullish analysts are from companies like Benchmark, Tigress, and DA Davidson.</p>



<p>The general view among analysts is that Nvidia is a growth company that is trading as a value stock. For one, its revenue and margin growth have surged in the past few months as demand for its solutions has soared. In its recent earnings report, the management predicted that it would make over $90 billion in the current quarter. </p>



<p>Despite this growth, Nvidia trades with a forward price-to-earnings multiple of 22, slightly lower than the S&amp;P 500 average of 23. Its price-to-earnings-to-growth ratio has also dropped to 0.048, lower than the 5-year average of 1.47. </p>



<p>Most importantly, the company has some notable catalysts ahead. For example, it recently launched its CPUs, a move meant to take advantage of the AI agent boom. It will also start selling its H200 chips to a select group of Chinese companies, including popular names like Alibaba and Tencent.</p>



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<p><em>Image: Shutterstock</em></p>

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<p>Nvidia stock has retreated nearly 20% from its year-to-date high, nearing bear market territory and significantly reducing CEO Jensen Huang's net worth to an estimated $160 billion. Despite the decline, analysts remain optimistic, with average price targets at $309, citing strong AI demand, robust revenue growth, and upcoming catalysts like new CPU launches and H200 chip sales.</p>

- Nvidia stock has declined nearly 20% from its May peak, causing significant losses for investors and a reduction in Jensen Huang's net worth from nearly $200 billion to $160 billion.  
- Despite the stock retreat, analysts maintain optimism, projecting a 62% increase in shares, with some predicting a rise to $500 due to strong revenue and margin growth.  
- Upcoming catalysts include the launch of new CPUs and sales of H200 chips to major Chinese companies, which could bolster Nvidia's position in the AI market.

benzinga_article

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Jensen Huang’s Net Worth Under Pressure As Nvidia Stock Nears Bear Market