What will NVIDIA (NVDA) hit in September 2026?
NVIDIA closed September 1, 2026, at $217.44 after reporting fiscal Q2 2027 revenue of $96.2 billion, up 106% year-over-year, with data center sales reaching $89 billion and GAAP EPS of $2.46. This performance, driven by Blackwell Ultra ramp and hyperscaler AI infrastructure spending, reinforced trader focus on sustained demand growth into the current quarter, where guidance points to roughly $108 billion in revenue. The stock trades well below its May 2026 all-time high of $236.54 and carries a consensus analyst price target near $324, implying material upside if earnings momentum holds. Key near-term factors include the September 10 ex-dividend date, ongoing capex trends from major cloud providers, and potential volatility ahead of the November earnings release. Market-implied odds reflect this backdrop of robust fundamentals tempered by elevated valuation multiples around 28 times trailing earnings.