BNP Paribas raises target for Nvidia stock from USD 285 to USD 345

Published on 10/08/2026 at 15:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal second-quarter revenue rose 105.85 percent year over year to USD 96.22 billion. Nvidia stock costs EUR 209.40 on October 8, 2026 versus EUR 212.10.

Editorial-Fotografie eines Börsenhändlers an einem Mehrfach-Monitor-Arbeitsplatz mit grünen und roten Candlestick-Charts, lebhaftem Handelsraum im Hintergrund mit Bewegungsunschärfe — Nvidia US67066G1040 Börsenhändler analysiert NASDAQ-Technologiekurscharts konzentriert auf mehreren Monitoren im redaktionellen Editorial-Stil, Illustration mit AI erstellt.

Nvidia (ISIN US67066G1040) was trading at EUR 209.40 at Lang & Schwarz on October 8, 2026 at 3:38 p.m. CEST, while BNP Paribas had raised its price target from USD 285.00 to USD 345.00 on October 6, 2026. According to Yahoo Finance, the bank kept an Outperform rating and linked the higher target to demand for more demanding AI inference workloads.

Three dated signals for Nvidia

The company expanded its capital-return capacity on September 28, 2026, when its board authorized an additional USD 150.00 billion for share repurchases, lifting the remaining authorization to USD 235.00 billion, according to NVIDIA. On September 9, 2026, NVIDIA also announced an Australian AI infrastructure buildout designed to support up to 2.00 gigawatts by 2027, as stated in its company release. The October 6 target revision closes this chronology with a USD 60.00 increase.

What does the target imply?

The target move is substantial in absolute terms, but it is not detached from Nvidia's operating scale. In the second quarter of fiscal 2027, revenue reached USD 96.22 billion, up 105.85 percent year over year, while data center revenue reached USD 89.02 billion, up 117.00 percent, according to Yahoo Finance. The same report said non-GAAP earnings per share were USD 2.22 versus USD 2.0887 consensus, giving the target revision a quantified earnings backdrop.

Nvidia's market capitalization was USD 5.7 trillion as of October 8, 2026. That valuation makes the next growth step more important than the size of the buyback alone, because the stock price increasingly depends on whether AI infrastructure demand converts into sustained revenue and margin expansion.

Dates investors can quantify

The next explicitly scheduled reporting date is November 17, 2026, for NVIDIA's fiscal third-quarter results, according to Yahoo Finance. The company guided fiscal third-quarter revenue to USD 108.00 billion plus or minus 2.00 percent in its fiscal second-quarter communications, setting a clear numerical test for the next report.

Euro quote turns lower

Nvidia stock was trading at EUR 209.40 at Lang & Schwarz on October 8, 2026 at 3:38 p.m. CEST, down 1.27 percent versus the Lang & Schwarz prior close of EUR 212.10. The primary listing is NASDAQ, where the finance quote showed USD 234.12 at 9:48 a.m. EDT on October 8, 2026, separately from the German euro indication. The further course of trading is shown by the continuously updated real-time quote of Nvidia stock.