Nvidia stock gains 0.66 percent as valuation resets
Published on 09/23/2026 at 13:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Nvidia stock (ISIN US67066G1040) traded at USD 228.87 on Nasdaq on September 23, 2026, up 0.66 percent from the prior close. The session range was USD 226.50 to USD 229.98, placing the price below the 52-week high of USD 236.54 and above the 52-week low of USD 164.27.
Valuation reaches a decade low
The immediate market story is valuation rather than a new earnings release. According to NDTV Profit on September 23, 2026, Nvidia traded at less than 17 times expected profit for the next 12 months, a level described as the lowest in more than a decade. The valuation was about half the 2025 multiple, creating a quantified contrast between a still-expanding business and a materially lower earnings multiple.
The market capitalization stood at USD 5.5 trillion on September 23, 2026, while volume was reported at 232,400 shares in the cited market snapshot. The 52-week range of USD 164.27 to USD 236.54 shows that the stock remained close to its upper boundary even as the forward multiple compressed.
Latest quarter keeps demand central
Yahoo Finance reported on September 23, 2026, that Nvidia delivered 106 percent revenue growth in its latest quarter, while data-center sales increased 117 percent. The period label in the report is the latest quarter, making those figures the most recent operating indicators available for this article.
That split matters for the stock. Data-center growth exceeded total revenue growth by 11 percentage points, showing that accelerated-computing demand remained the principal engine of expansion rather than a broad contribution from every business line. The counter-factor is valuation discipline: a forward multiple below 17 times expected earnings leaves the market demanding continued profit growth even after the share price reached USD 228.87.
Analysts keep targets above Nasdaq price
According to MarketBeat on September 23, 2026, Zacks Research upgraded Nvidia from Hold to Strong Buy. The same report said Citigroup raised its target from USD 300.00 to USD 315.00 on August 27, 2026, while KGI Securities lifted its target from USD 335.00 to USD 345.00 on the same date.
MarketBeat also reported a consensus rating of Buy and an average target price of USD 324.34 on September 23, 2026. That consensus stood USD 95.47 above the Nasdaq price of USD 228.87, a gap of about 41.7 percent, although the targets reflect analyst expectations rather than a guaranteed outcome.
Nasdaq price remains below yearly high
Nvidia closed or traded at USD 228.87 on Nasdaq as of September 23, 2026, with a daily gain of 0.66 percent. Its USD 5.5 trillion market capitalization, 52-week range of USD 164.27 to USD 236.54, and latest-quarter revenue growth of 106 percent define the current balance between scale, operating momentum and valuation.
Nvidia stock key data
- Company: NVIDIA Corporation
- ISIN: US67066G1040
- Ticker: NVDA
- Trading venue: Nasdaq
- Price (as of September 23, 2026): USD 228.87
- Market capitalization: USD 5.5 trillion (as of September 23, 2026)
- Sector / Industry: Information Technology / Semiconductors
- Index membership: S&P 500
