Wall Street Takes the Chainsaw to Nvidia Targets: One Bank Slashes 5 to 6

Wall Street Takes the Chainsaw to Nvidia Targets: One Bank Slashes $465 to $186

November 12, 2026 Piero Cingari

Summary

Major financial institutions have significantly lowered their price targets for Nvidia following a leadership change. The company lost its longtime chief executive, prompting analysts to revise their financial models. Several prominent Wall Street firms announced reductions to their valuations for the technology corporation.

For three years, Wall Street kept raising the ceiling on Nvidia. This week, it brought out the chainsaw. Nvidia Corp. (NASDAQ:NVDA) lost its founder and chief executive Jensen Huang on Thursday, with Colette Kress stepping in as interim CEO. Analysts are now rewriting their models without him. At least nine major Wall Street firms cut their price targets today, according…

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