Nvidia (NVDA) stock fell over 7% in Thursday’s pre-market session. The decline came after a 2.87% gain during regular hours, as reports about CEO Jensen Huang’s possible removal rattled investors. The leadership fiasco comes just days before Nvidia’s Q3 FY27 earnings on November 17.

The board is reportedly weighing Huang’s future after allegations involving the CEO. Meanwhile, Wall Street remains divided on the stock, with several top analysts cutting their ratings. However, Mizuho maintained its Outperform rating, citing Nvidia’s strong AI position despite growing leadership concerns. Overall, analysts see an average price target of $283.83, implying 63% upside.

For context, Wall Street expects Nvidia to…