Nvidia Faces A 'Black Eye Moment,' Dan Ives Says, as 'Writing Is On The Wall' for Jensen Huang; Projects $225 Stock Valuation Without CEO

Tech analyst Dan Ives stated that Nvidia Corp.‘s (NASDAQ:NVDA) CEO Jensen Huang faces removal by the board of directors following a “black eye moment,” projecting the company’s stock valuation at $225 without Huang.

The ‘Writing is on the Wall’

Ives, a partner and senior managing director at Yorkville Ives, posted on X that his firm expects Huang “to be removed as CEO of Nvidia at this point.” Ives noted that the executive’s future is now “in the Board’s hands.” Assessing the recent controversies surrounding the chief executive, Ives stated that Huang “has created a black eye moment for himself and Nvidia.”

Ives indicated to investors that the “writing is on the wall that Jensen’s days at Nvidia could be numbered.” He forecasted the board’s deliberation process to be a “very fluid situation over the next 48 hours.”

We expect Jensen to be removed as CEO of Nvidia at this point and it’s in the Board’s hands. We see the stock valuation at $225 without Jensen ($300 with Jensen as CEO). At this point, writing on the wall for Street as stock will now bake in Nvidia without Jensen going forward 👇 https://t.co/bSoOrT6Hh2

— Dan Ives (@DivesTech) November 12, 2026

These remarks follow a report stating that Huang had an extramarital relationship with Kimberly Powell, Nvidia’s vice president of health care. Nvidia’s board had already opened an investigation into Jensen Huang’s separate affair with Alice Huang, whom U.S. intelligence allegedly identified as a Chinese spy.

Valuations and Market Adjustments

Earlier trading sessions saw Nvidia’s stock decline nearly 8% overnight following the initial reports. Addressing the financial impact of the leadership crisis, the analyst outlined two distinct stock valuations for Nvidia based on the final board outcome.

Ives wrote that his firm sees “the stock valuation at $225 without Jensen,” reflecting an approximate 29% upside from its current trading price of $173.73. Conversely, he noted the valuation would stand at “$300 with Jensen as CEO,” representing a nearly 73% increase.

Ives explained that Huang’s personal actions have “created a spider web of complexity” for the semiconductor company. Because of this complexity and the likelihood of Huang’s exit, Ives stated that it is “writing on the wall for Street as stock will now bake in Nvidia without Jensen going forward.”

How Has NVDA Performed in 2026?

The stock was lower by 10.06% over the last year, down 6.85% year-to-date, and lower by 24.23% over the last month. It closed 2.92% higher at $173.73 per share on Wednesday; the stock was down about 7.5% in premarket trading on Thursday.

Benzinga’s Edge Stock Rankings indicate that NVDA maintains a negative price trend in the short, long, and medium terms, with a good quality score.

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

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