NVIDIA shares closed at $233.95 on October 2, 2026, after touching an intraday record of $237.88, supported by the company’s record $150 billion buyback expansion that lifted total authorization to $235 billion through 2028 and continued data-center demand for its AI accelerators. The stock has recovered roughly 23 percent from its late-July low, with market capitalization near $5.6 trillion and analysts maintaining a strong-buy consensus and average price targets above $320. Momentum reflects sustained revenue growth expectations, with Q3 2026 consensus estimates around $109–114 billion, alongside positive supplier signals from Micron and renewed institutional endorsements such as Morgan Stanley’s top-pick reinstatement. Next earnings on November 18 will provide further visibility, though October trading will hinge on broader risk appetite, Treasury yields, and any incremental AI deployment updates.