# Nvidia Stock Hits All-Time High

> Nvidia's stock breaks all-time highs while its multiples shrink, signaling potential upside for leveraged ETFs.
- Title: Nvidia Stock Hits All-Time High · Seekingalpha | Shortify
- Summary: Nvidia's stock breaks all-time highs while its multiples shrink, signaling potential upside for leveraged ETFs. Nvidia's stock reached a new all-time high…
- Keywords: nvda, nvdx, t-rex 2x long nvidia daily target etf, data center capex, valuation multiples, leveraged etf, money, business, Nvidia, Stock, Hits, All-Time
- Source: Seekingalpha — https://seekingalpha.com/article/4952595-nvdx-nvidia-breaks-its-highs-but-its-multiples-keep-shrinking
- Author: Financial Serenity
- Published: 2026-10-07T19:32:28+00:00
- Read time: 1 min
- Topics: nvda, nvdx, t-rex 2x long nvidia daily target etf, data center capex, valuation multiples, leveraged etf, money, business
## Nvidia Stock Hits All-Time High
Nvidia's stock has just set a new all-time high.
## Valuation Multiples Shrink
Forward valuations remain compressed, supporting a bullish outlook for the stock.
## T-REX ETF Offers Technical Momentum
The T-REX 2X Long Nvidia Daily Target ETF provides strong technical momentum but is strictly an intraday trading tool due to volatility drag.
## Consensus Earnings Growth
Consensus earnings growth and $1.3T in data center CapEx by 2027 underpin a 34% upside target for NVDA.
## Risks to Leveraged Returns
Downward EPS revisions or elevated volatility could erode leveraged returns beyond the intraday horizon.
## Key takeaway

Nvidia's stock reached a new all-time high but its valuation multiples are shrinking, suggesting a 34% upside target for the 2x leveraged ETF.