Wall Street analysts warn: Nvidia shares could fall 20% or more if Jensen Huang suddenly departs

TechFlow reported on November 12 that, according to Jin10, as news of a possible departure by Nvidia CEO Jensen Huang continues to spread, several Wall Street analysts have warned that if Huang is forced to leave the company, Nvidia's share price could face a decline of 20% or more.

Gene Munster, managing partner at Deepwater Asset Management, said that for a founder-led company without a clear successor, a sudden management change could trigger a share price correction of about 20%. Jay Goldberg, an analyst at Seaport Research Partners, made a similar forecast.

Meanwhile, Baird has downgraded Nvidia's rating from Buy to Neutral and cut its price target from $500 to $200. Citigroup, Wells Fargo and Mizuho Securities have also recently lowered their price targets.

However, some analysts believe Nvidia still has a solid business foundation, and if management succession is handled properly, long-term operations may not be materially affected.

Source: TechFlow