Cramer Says Nvidia Can Bottom Only After Analysts ‘Cut and Run’

Mad Money host Jim Cramer said Nvidia shares can bottom only after most analysts “cut and run,” but gave no measurable threshold as the chipmaker approaches its Tuesday, Nov. 17, earnings report.

In a post on X Wednesday, Nov. 11, Cramer wrote, “Nvidia can only bottom when the majority of analysts cut and run.” He gave no share price or timetable, and did not define how many analysts would need to change their views.

Recent analyst moves offer context but do not establish that threshold. Morgan Stanley removed Nvidia from its Top Pick list after the shares fell more than 25% from the Oct. 2 designation. The firm kept its Overweight rating and $300 price target. Baird cut its target to $200 from $500.

Nvidia plans to announce fiscal third-quarter 2027 results at about 4:20 p.m. ET Tuesday, Nov. 17, then hold a conference call at 5 p.m. ET. The quarter ended Oct. 25. The earnings date also appears in Cramer’s recent Nvidia valuation discussion.