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Barchart
Mohit Oberoi

Nvidia’s Rally Is Facing a Reality Check: Should You Buy NVDA Stock Despite Citi’s Target Price Cut?

Nvidia NVDA Citi China Broadcom Donald Trump Jensen Huang Amazon.com Inc. United States

Nvidia stock (NVDA) has looked weak since the company released its fiscal Q2 2026 earnings last month. As has invariably been the case over the last few quarters, NVDA stock fell despite the company beating on both the top line and the bottom line.

Contrary to what I had expected, Nvidia stock has continued its losing streak and came closer to abandoning its coveted $4 trillion market cap amid the recent selloff. While the stock has faced much worse drawdowns over the last three years, its rally is currently facing a reality check, as we’ll explore in this article.

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