ATLAS News · Companies

Nvidia Draws Mixed Analyst Views, Including a Baird Downgrade

Published November 11, 2026 · 6 sources

Bloomberg reports Baird downgraded Nvidia over CEO uncertainty, while other analysts and commentators see the stock's valuation and earnings outlook differently.

What happened

Bloomberg reports that Baird has downgraded Nvidia, describing the move as rare and linking it to uncertainty around the company's CEO. Yahoo Finance also reports that an analyst downgrade left Wall Street more cautious on the stock.

Business Insider reports that investor Michael Burry says he remains bearish after a 10% plunge in Nvidia shares, though the outlet notes the market may soon see the situation as a 'heck of a trade'.

Other views are more positive. Seeking Alpha contributors argue the stock's valuation is low, citing a $293 target and a 10.6x price-to-earnings multiple on FY2028 EPS consensus, and say a selloff ahead of earnings could set up an upside guidance surprise. FourWeekMBA compares Nvidia at 10.7x next-year earnings with Broadcom at 19x and AMD at 32x.

Context

Analyst ratings and investor commentary often diverge around a company's earnings report, and valuation multiples are one common way to compare chipmakers.

Why it matters

The mix of a downgrade and bullish valuation arguments shows how divided opinion on Nvidia is heading into its earnings report.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

NVIDIANVDA

+2.87%

Technology · NASDAQ

Live price

$161.97▲ +2.87%

live price · USD

Close on November 11: $173.73+2.87% vs. previous close ($168.89)
Fair value (ATLAS): $155.16Fair range: $112.11 to $214.75The price ($161.97) is 4.4% above that figure: close to its fair value.
Chance of a rise in 1 month: 48%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $146.53 and $176.73; 9 in 10, between $124.10 and $208.66.

See the full ATLAS analysis of NVIDIA →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

'Icarus' rise and fall': Analyst downgrades Nvidia stock amid Jensen Huang woes, highlights risks · Yahoo Finance · November 11, 2026
Nvidia: I'm Buying Heavily Ahead Of Earnings (Rating Upgrade) (NASDAQ:NVDA) · Seeking Alpha · November 11, 2026
Nvidia Gets Rare Downgrade as Baird Raises CEO Uncertainities · Bloomberg.com · November 11, 2026
Michael Burry says he's still bearish after Nvidia's 10% plunge — but the market may see it as a 'heck of a trade' soon · Business Insider · November 11, 2026
Nvidia: Selloff Into Earnings Sets Up An Upside Guidance Surprise (NASDAQ:NVDA) · Seeking Alpha · November 11, 2026
Nvidia at 10.7x Next-Year Earnings vs Broadcom 19x, AMD 32x · FourWeekMBA · November 11, 2026

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