NVIDIA shares reached fresh all-time highs near $238 on October 2, 2026, after the company expanded its share repurchase authorization by a record $150 billion to $235 billion total, reinforcing cash generation amid surging AI demand. Fiscal Q2 2027 revenue hit $96.2 billion with data center sales up sharply year-over-year, and management guided Q3 revenue around $108 billion. The stock trades near 29 times trailing earnings and 19 times forward estimates, below historical peaks, while consensus analyst targets sit above $320. With next earnings scheduled for mid-November, traders are focused on sustained momentum, sector rotation, and any macro shifts in risk appetite through month-end.