NVIDIA has just had its largest day of the year so far. This exceeds forecasts, with Q2 results now publicly announced on August 26. Revenue was reported at $96.2 billion versus expectations of $92.2 billion. Similarly, earnings per share reached $2.22 versus a prediction of $2.09. The shares gained nearly 8% during the next trading day, and current trading stands at just below $226 – near its all-time highs.
Key Price Levels to Watch
This breakthrough means NVDA is sitting just below its yearly high of $236.54. If it goes above this level then it can reach higher without resistance in the way. On the downside, the pre-earnings close near $213 will provide support, while a stronger support level is seen near $191, which was valid during July’s decline. The stock will keep rising as long as it is above $213.
Prediction Markets vs. Wall Street Sentiment
While traditional analysts are highly bullish, prediction markets offer a real-time, community-driven look at NVDA’s potential. On Polymarket, traders are actively pricing in the stock’s future movements.
According to current Polymarket data, there is an 81% chance that NVIDIA (NVDA) will hit $224 in September 2026, while the odds for a $232 breakout stand at 31%. For the end of 2026, the market is pricing a 20% chance for a $5.00T-$5.50T market cap and a 20% chance for a $5.50T-$6.00T market cap.
In the short term, the community sentiment is overwhelmingly confident in a support floor. The odds of NVDA closing above $160 and $170 by the end of September are currently priced at 100%. Looking at the week of September 28, Polymarket traders indicate a 92% chance of finishing above $205 and a 91% chance of finishing above $210. Conversely, the odds of NVDA closing between $220-$225 in that same week sit at only 26%, suggesting the community expects consolidation rather than a massive breakout in the immediate future. (Before relying on these platforms, you can read our guide on Is Polymarket Legit?)
Author’s Take
NVIDIA’s numbers remain exceptional, but that alone isn’t enough to make the stock attractive at any price. What will matter now is whether earnings growth can continue outpacing the already-high expectations. I see $236.54 as my main key level: a convincing breakout would be strengthening the case for $250–260, while repeated failure there could signal that much of the AI optimism is already priced in.
Why the Fundamental Story Looks Strong
NVIDIA continues to grow rapidly, producing revenues of $253.5 billion over the twelve months before now, and achieving an enviable profit margin of around 63%. Every quarter, the demand for AI chips exceeds the optimistic predictions made by the analysts. NVIDIA may acquire Hugging Face, an open-source AI platform, which will help to consolidate the software segment also. The share price is near its peak level, while its forward PE ratio is around 21, which is acceptable due to the continuous revenue growth. On Wall Street, the investors, represented by around 58 experts, remain optimistic regarding NVIDIA shares (58 Buy versus one Sell). The average price target for the share in 12 months is set above $300.
Price Prediction for End of 2026
In terms of possible estimates of NVIDIA shares by the end of 2026, assuming that the current growth trend is maintained, $250 to $300 would be sufficient. If the price exceeds $236.54, the stock should be able to rise to $260, being capable of reaching $300 in case AI demand remains stable throughout the year. Provided that NVDA shares do not fall below $213, the outlook for traders will remain bullish.
For those looking to act on this forecast, it is essential to choose the right platform, so be sure to review our list of top US stock brokers. Additionally, with the AI boom affecting the broader market, you can check our Bitcoin price forecast September 2026 to see how other assets are reacting to similar macroeconomic trends.