NVIDIA shares traded near $228–230 in late September 2026 after the company authorized an additional $150 billion share repurchase, expanding its total program to $235 billion—the largest such increase on record. The announcement highlighted robust cash generation from AI and accelerated computing demand, with Q2 revenue rising 106% year-over-year to $96.22 billion and beating consensus. The stock remains within a few points of its May 2026 peak near $236 and carries a forward P/E around 24 times, below several large-cap tech peers, while analysts maintain a strong-buy consensus with average targets above $320. Next earnings are scheduled for November 18, leaving near-term price action sensitive to broader market sentiment and any follow-through buying from the buyback authorization.