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Machine learning predicts Nvidia stock could rise 6% to $248 by October 31 amid strong earnings and buybacks.

Technical Signals
04 Oct 2026
Finbold
View Source
Bullish
Machine learning predicts Nvidia stock could rise 6% to $248 by October 31 amid strong earnings and buybacks.

A machine learning model forecasts Nvidia's stock price to reach around $248.25 by October 31, implying a 6.11% gain from its current price of $233. This prediction is based on technical indicators and combines insights from several AI models. Nvidia's recent strength is supported by robust financial results, including a 106% year-over-year revenue increase in Q2 2027, and an aggressive $150 billion share buyback program, boosting investor confidence amid growing AI infrastructure demand. The stock continues to trade near record highs, with a strong outlook driven by its dominant position in AI and data centers.

Nvidia's stock price on Pluang is currently at USD 233.95 as of October 4, 2026, just shy of its 52-week high of USD 235.75, showing a 1.34% gain in the last day. This places Nvidia near the peak of its annual trading range, contrasting sharply with its 52-week low of USD 165.17. The strong buy interest on Pluang, with 79% of orders favoring purchases, highlights investor confidence as the stock remains close to record highs.

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