Nvidia Stock to Crash to $130 by Late December 2026, Predicts Technical Analysis

Nvidia's dominance in AI infrastructure has not yet been enough to prevent a potential sharp correction to $130 by late December 2026, according to a technical analysis published on TradingView.

The prediction represents a decline of over 40% from Nvidia’s current price of $217. This forecast comes despite the company's latest blockbuster earnings report, which saw revenue climb 106% year-over-year in its fiscal second-quarter 2027.

Nvidia has been trading within an 11-year ascending channel since July 2015. According to the analysis, the current cycle likely peaked at Nvidia’s May 14, 2026 all-time high and is expected to transition into a long-term correction.