Updated 8 November 2026, 00:30 GMT. Nvidia (NVDA) closed Friday 6 November at $186.64, up $5.04 or 2.78 percent, after opening at $191.10 and trading as high as $194.90 (StockAnalysis). It was a partial bounce from Thursday’s 9.3 percent fall, its worst day since January 2025 (Investing.com), and the stock still lost about 10.7 percent over the week. Its quarterly results are scheduled for 17 November. Verdict: Friday’s bounce faded from the open, and the stock is still below its 20-, 50- and 200-day moving averages ahead of results. Reference levels: $172 below, $200 above.
Key facts
- Friday close: $186.64, up 2.78 percent from $181.60 on Thursday; open $191.10, range $185.22-$194.90, volume about 180 million shares (StockAnalysis). After-hours trading was near $188.70.
- The week: down about 10.7 percent over five sessions and about 21.5 percent over a month, as our desk reported on Saturday.
- Thursday: a 9.3 percent fall to $181.60, with an intraday low of $181.46 on about 306 million shares (Investing.com via Yahoo Finance).
- 52-week range: $164.27 to $243.37; market value about $4.51 trillion (StockAnalysis).
- Analysts: 62 analysts rate the stock a “Strong Buy” on average, with a 12-month target of $327.14 (StockAnalysis).
- Next catalyst: quarterly results scheduled for 17 November, according to market calendars (StockAnalysis). Nvidia’s investor relations page did not yet list the event when we checked.
Why Friday’s bounce faded
Nvidia opened Friday at $191.10 and was trading at $193.09, up 6.33 percent, a few minutes after the bell (Investing.com via Yahoo Finance). It reached $194.90, then gave back more than half of the gain to close at $186.64. The early high stopped at the $193-$194 gap left by Thursday’s fall, which Investing.com’s technical analysis had marked as the first resistance.
The wider market did not help. The US added 165,000 jobs in October against about 65,000 expected, which lifted the odds of a December Fed rate hike to about 80 percent (GoldSilver, citing CME FedWatch), and higher rates weigh hardest on expensive growth stocks. Our desk covered the release in US Economy Adds 165,000 Jobs as December Fed Rate Hike Odds Rise. The S&P 500 rose 0.31 percent on Friday (Rio Times), a small recovery after Thursday’s AI rout. Schwab Network’s Rob Luna described Thursday’s sell-off as a “delayed reaction” to the midterm result.
Our Friday Nvidia page covers the reasons for Thursday’s fall: worries that a Democratic Congress will slow data-center building, and Microsoft’s reported tightening of some neocloud projects.
The Huang memo
A second issue landed on Saturday. The Financial Times reported that a memo written by US officials earlier this year says chief executive Jensen Huang had a romantic relationship with an executive at Megaspeed, a Singapore-based Nvidia customer, whom US intelligence believes was recruited by China’s Ministry of State Security. No charges have been brought and no public finding of wrongdoing has been made, and Nvidia declined to comment on the memo. Our desk has the details in Nvidia’s Jensen Huang Had Romantic Relationship With Alleged Chinese Spy, US Memo Says.
The report came after senior Republican House committee chairmen asked Huang for a closed-door briefing, following a New York Times report on 5 November about the same intelligence (CNBC, Invezz). The memo story broke after Friday’s close, so Monday’s open is the first chance for the stock to react to it.
What the chart shows
Investing.com’s technical review puts resistance at the $193-$194 gap, the 4 November close near $200 and the 200-day simple moving average near $204.70. Support sits at Thursday’s low of $181.46, then the daily pivot levels at $171.83 and $162.10, with the 52-week low at $164.27. The daily RSI recovered to 36.6 from 25.4 on Thursday, out of oversold territory but not yet strong.
Nvidia stock: bull, base and bear
| Scenario | NVDA | What has to happen | Anchor |
|---|---|---|---|
| Bear | $172 | The memo story and rate worries keep selling going, Thursday’s $181.46 low breaks and investors cut exposure before results. | Investing.com’s $171.83 pivot support; about 7.9 percent below $186.64. |
| Base | $181-$194 | The stock holds Thursday’s low but buyers wait for 17 November before paying above the gap. | Between Thursday’s $181.46 low and the $193-$194 gap. |
| Bull | $200 | CPI on 10 November eases hike fears, the gap fills and buyers position for results. | The 4 November close near $200; about 7.2 percent above $186.64. |
The bear case sits below Friday’s close. These are reference levels measured from the verified closing price, not forecasts.
What to watch this week
- Monday’s open: the first trading reaction to the Huang memo report.
- Tuesday 10 November: US October CPI at 8:30 a.m. ET. A hot reading would push December hike odds higher. CoreWeave and D-Wave are scheduled to report the same day.
- $181.46: Thursday’s low; a close below it opens the $172 pivot.
- Nebius (11 November) and Cerebras (12 November): scheduled AI infrastructure results that will shape expectations for Nvidia’s own report.
- 17 November: Nvidia’s results and guidance. Our AMD results page shows how the last big chip report was received before the rout.
Quick take: Nvidia closed Friday at $186.64, up 2.78 percent but well off its $194.90 high, and down about 10.7 percent on the week. A weekend report on a US memo about Jensen Huang and Tuesday’s CPI are the next tests before results on 17 November. Expect $181-$194 until then; $172 needs Thursday’s low to break, $200 needs the gap to fill.
FAQ
What is the Nvidia stock price today?
US markets are closed for the weekend. Nvidia closed Friday 6 November at $186.64, up 2.78 percent, and traded near $188.70 after hours (StockAnalysis). Regular trading resumes at 9:30 a.m. ET on Monday.
Why did Nvidia stock fall this week?
Thursday’s 9.3 percent drop came on worries that a Democratic Congress will slow AI data-center building, and Friday’s strong jobs report raised December rate hike odds. The stock lost about 10.7 percent over the week.
What did the US memo say about Jensen Huang?
According to the Financial Times, a US memo says Huang had a romantic relationship with a Megaspeed executive whom US intelligence believes was recruited by China’s Ministry of State Security. No charges have been brought, and Nvidia declined to comment.
When does Nvidia report earnings?
Nvidia’s quarterly results are scheduled for 17 November 2026, according to market calendars (StockAnalysis).
What is the Nvidia stock price target?
The average 12-month target from 62 analysts is $327.14 (StockAnalysis), about 75 percent above Friday’s close. Many of those targets were set before the midterm sell-off.
What are the key levels for NVDA?
Resistance at $193-$194, $200 and the 200-day average near $204.70; support at $181.46, $171.83 and the 52-week low of $164.27 (Investing.com, StockAnalysis).
Sources: StockAnalysis, 6-7 November (close, open, range, volume, after-hours price, 52-week range, market value, analyst consensus, results date); Investing.com via Yahoo Finance, 6 November (Thursday’s fall and low, Friday’s early price, technical levels, RSI); Financial Times via FinanceFeeds, 7 November (Huang memo); CNBC and Invezz, 5-6 November (congressional briefing request); GoldSilver, 6 November (payrolls and FedWatch odds); Rio Times, 6 November (S&P 500); Schwab Network (Rob Luna comment).
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Stock prices are volatile. Do your own research and consult a licensed financial adviser before making investment decisions.
