NVIDIA shares have fallen sharply in November 2026, trading near $165 after touching a 52-week high above $243 earlier in the year, amid news of CEO Jensen Huang’s resignation and interim leadership by the CFO. The drop reflects multiple analyst downgrades and price-target cuts, with consensus targets now clustered around $290–$330 despite maintained Buy ratings. Fundamentals remain robust, with fiscal Q2 revenue up 106% year-over-year to $96.2 billion and Q3 guidance of roughly $108 billion, driven by sustained hyperscaler AI demand and Blackwell ramp. The November 17 earnings release represents the key near-term catalyst that could influence whether the stock recovers toward prior highs or extends the recent correction before month-end.