Here's why NVIDIA stock price could be at risk of a crash to $150

Core Viewpoint - NVIDIA stock price is under pressure, having dropped to $180, down 15% from its highest level in 2025, with potential risks of crashing to $150 due to various factors affecting its sales and market position [1]. Technical Analysis - The NVDA stock price has decreased from a high of $212 in October to $180, indicating a bearish trend as it has flipped the Supertrend indicator from green to red [1]. - A double-top pattern has formed at $193 with a neckline at $175, suggesting further downside potential if the stock drops below these levels [1]. - The initial target for the stock price is projected at $170, with a potential drop to $150, which is approximately 17% below the current level [1]. Sales and Market Dynamics - Sales of NVIDIA chips to China have stalled due to a review by the US government, which has delayed final approvals, impacting potential revenue of over $50 billion annually from this market [1]. - Concerns have arisen regarding large customers, particularly Microsoft, potentially reducing their AI investments, which could further affect NVIDIA's sales [1]. - Major customers like Amazon, Google, OpenAI, and Microsoft are now developing their own ASIC chips, posing a competitive threat to NVIDIA [1]. Financial Metrics and Growth Potential - Despite current challenges, NVIDIA is considered undervalued with a forward price-to-earnings ratio of 39, lower than its five-year average of 45 [1]. - Analysts project NVIDIA's revenue for 2025 to be $213 billion, a 53% year-over-year increase, and $234 billion for 2027, a 51% increase [1]. - If growth continues, NVIDIA could achieve over $500 billion in annual revenue by 2027 or 2028, translating to over $200 billion in annual profits based on a net profit margin of 54% [1].