Morgan Stanley restores Nvidia top pick for Nvidia stock

Published on 10/07/2026 at 15:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 second-quarter revenue hit USD 96.22 billion, up 106.00 percent. Nvidia stock costs EUR 212.13 on October 7, 2026 versus EUR 212.70.

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Morgan Stanley restored Nvidia as its top semiconductor pick on October 2, 2026, maintained an Overweight rating and kept a USD 300.00 price target, according to Yahoo Finance. Nvidia stock was trading at EUR 212.13 at Lang & Schwarz on October 7, 2026 at 3:16 p.m. CEST, minus 0.27 percent versus the prior close of EUR 212.70.

Fiscal second-quarter revenue reaches USD 96.22 billion

Nvidia reported USD 96.22 billion in revenue for fiscal 2027's second quarter ended July 26, 2026, up 106.00 percent from the year-earlier period, according to Zacks. Data Center revenue reached USD 89.00 billion, an increase of 117.00 percent year over year, making that business the clearest quantified driver of the latest quarterly expansion.

Standardized financial data puts fiscal 2027 second-quarter net income at USD 59.69 billion and diluted earnings per share at USD 2.46. The figures show that Nvidia's growth was not limited to revenue: net income rose from USD 58.32 billion in fiscal 2027's first quarter, while revenue increased from USD 81.62 billion.

Buyback and analyst target set the debate

Nvidia's board authorized an additional USD 150.00 billion for share repurchases on September 28, 2026, lifting the remaining authorization to USD 235.00 billion, according to NVIDIA Newsroom. The authorization is planned to run through fiscal 2028, adding a capital-return commitment to the company's growth narrative.

Morgan Stanley's USD 300.00 target stands above the latest US market reference of USD 239.24 on October 6, 2026, while the 52-week range runs from USD 164.27 to USD 243.37. That gap puts valuation and execution alongside demand as the central questions for the next phase of the AI infrastructure cycle.

Next earnings date is November 18

Nvidia's next earnings report is scheduled for November 18, 2026, after the market close, according to Gekko. The same source lists a consensus target of USD 327.70 from 32 firms, with 32 Buy ratings, 0 Hold ratings and 0 Sell ratings, but those estimates remain separate from Nvidia's reported financial results.

Nvidia stock stays below its prior close

Nvidia was trading at EUR 212.13 at Lang & Schwarz on October 7, 2026 at 3:16 p.m. CEST, minus 0.27 percent versus the prior close of EUR 212.70. The company is listed on NASDAQ under ticker NVDA, with a market capitalization of USD 5.8 trillion as of October 6, 2026.

The further course of trading is shown by the continuously updated real-time quote of Nvidia stock.