Nvidia Nears $6 Trillion Market Cap on Record $150B Buyback Expansion
NVDA sits 47% above its 52-week low of $164.27.
Summary
Nvidia is approaching a $6 trillion market capitalization, up 28% this year and adding $1.2 trillion in value. The company authorized an additional $150 billion under its existing share repurchase program, the largest buyback in history, following a robust revenue outlook. The stock trades at about 17 times forward earnings, near a 10-year low and a discount to the S&P 500. This follows the Q2 FY27 results where revenue doubled to $96.2B and Data Center grew 117%, and the $80B buyback authorized in May 2026. The buyback expansion signals management confidence and provides EPS support, while the valuation discount makes the stock attractive relative to peers.
At the time of this announcement, NVDA was trading at $241.55 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.8T. The 52-week trading range was $164.27 to $240.10. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Business Line.