---
title: "Nvidia Stock (NVDA) Is Trending After Hours As Analysts Cut Price Targets Amid CEO Probe: Here’s What You Should Know"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/305109750.md"
description: "Nvidia shares rose 1% in after-hours trading despite a 5.53% intraday drop, driven by high volume of 429 million shares. The volatility stems from analysts cutting price targets ahead of Q3 earnings and an independent board probe into CEO Jensen Huang following his disclosure of an extramarital affair. Citigroup and Wells Fargo lowered their PTs to $285 and $300 respectively."
datetime: "2026-11-11T03:03:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/305109750.md)
  - [en](https://longbridge.com/en/news/305109750.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/305109750.md)
generator: "portal-rs"
---

# Nvidia Stock (NVDA) Is Trending After Hours As Analysts Cut Price Targets Amid CEO Probe: Here’s What You Should Know

**NVIDIA Corp.** (NASDAQ:NVDA) shares are trending on Tuesday night.

Shares of the Santa Clara-based semiconductor and AI computing company edged 1% higher to $170.48 in after-hours trading on Tuesday.

The gain follows an intraday decline of 5.53%, when the stock closed at $168.80, according to Benzinga Pro data.

On Robinhood’s 24-hour trading platform, NVDA is up 2%.

On Tuesday, NVIDIA experienced an extremely elevated trading session. Volume rose to 429.27 million shares, about 3.4 times its average trading volume of 126.26 million.

## Analysts Cut Price Targets Ahead of Earnings

The stock move came as analysts trimmed price targets and investors weighed a leadership controversy at the chipmaker.

| Date   | Firm          | Analyst         | Action     | Rating     | Price Target |
| ------ | ------------- | --------------- | ---------- | ---------- | ------------ |
| Nov 10 | Citigroup     | Atif Malik      | PT Cut     | Buy        | $315 → $285  |
| Nov 10 | Wells Fargo   | Aaron Rakers    | PT Cut     | Overweight | $315 → $300  |
| Nov 9  | RBC Capital   | Srini Pajjuir   | Maintained | Outperform | $330         |
| Nov 9  | Goldman Sachs | James Schneider | Maintained | Buy        | $300         |

The shifts in sentiment come ahead of NVIDIA’s third-quarter earnings report on Nov. 17.

 **Read Also: Did Jensen Huang Mislead the Board? Gary Black Raises Questions As Nvidia CEO Returns to ‘Business As Usual’ Amid Affair Fallout** 

## NVIDIA Board Launches Independent CEO Probe

On Tuesday, the company also announced that independent members of NVIDIA’s Board had appointed **Joon H. Kim**, a former acting U.S. attorney for the Southern District of New York, and his firm, **Wachtell, Lipton, Rosen & Katz**, to carry out an independent investigation.

The probe follows CEO **Jensen Huang**’s Sunday email to employees disclosing an extramarital affair. "I know an apology cannot undo what I have done," he wrote.

## Trading Metrics, Technical Analysis

NVIDIA has a market capitalization of $4.07 trillion, a 52-week high of $243.37 and a 52-week low of $164.27.

The Relative Strength Index (RSI) of NVDA stands at 23.95.

The tech stock has fallen 15.20% over the past 12 months.

 **See More: Top Value Stocks** 

***Disclaimer:*** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.*

*Photo courtesy: jamesonwu1972 / Shutterstock.com*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**