Nvidia authorizes USD 150 billion buyback of Nvidia stock

Published on 10/06/2026 at 14:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 106.00 percent to USD 96.22 billion in fiscal second quarter. Nvidia stock costs EUR 214.08 on October 6, 2026 versus EUR 213.43.

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) authorized an additional USD 150 billion for its share repurchase program on September 28, 2026, raising the remaining authorization to USD 235 billion, according to NVIDIA. The company said it expects to execute the remaining program through fiscal 2028. At Lang & Schwarz, Nvidia stock was trading at EUR 214.08 on October 6, 2026 at 2:01 p.m. CEST, plus 0.30 percent versus the prior close of EUR 213.43.

Buyback adds a major capital signal

The authorization is the largest increase in Nvidia's share repurchase program, while the USD 235 billion remaining total gives management a sizeable capital-return tool alongside continued investment in AI infrastructure.

Reuters reported on September 28, 2026, that Nvidia ended its July quarter with USD 22.44 billion in cash and cash equivalents. The same report highlighted investor questions about whether the AI infrastructure spending boom can maintain its pace.

Revenue growth remains the key test

For the fiscal second quarter ended July 26, 2026, Nvidia reported USD 96.22 billion in revenue, up 106.00 percent from the year-earlier quarter, and USD 59.69 billion in GAAP net income, up 126.00 percent year over year, according to NVIDIA.

GAAP gross margin was 75.00 percent in that quarter, compared with 72.40 percent a year earlier. Management expects fiscal third-quarter revenue of USD 108.0 billion, plus or minus 2.00 percent, while forecasting a 74.00 percent GAAP gross margin.

Analyst target stays above the quote

As Yahoo Finance reported on October 2, 2026, Morgan Stanley restored Nvidia as its top semiconductor pick while keeping an Overweight rating and a USD 300 price target. That target lies 25.58 percent above the Nasdaq quote of USD 238.90 from October 5, 2026, calculated in the same currency.

The market picture therefore combines exceptional operating growth with a high expectation hurdle. Nvidia's fiscal second-quarter revenue growth accelerated from 85.00 percent in the preceding quarter to 106.00 percent, while the buyback signals that management views cash generation as sufficient for both expansion and shareholder returns.

Stock trades near its yearly high

Nvidia was last quoted at USD 238.90 on Nasdaq on October 5, 2026, with a 52-week range of USD 164.27 to USD 240.10 and a market capitalization of USD 5.8 trillion. The Lang & Schwarz price was trading at EUR 214.08 on October 6, 2026 at 2:01 p.m. CEST, plus 0.30 percent versus the Lang & Schwarz prior close of EUR 213.43. The further course of trading is shown by the continuously updated real-time quote of Nvidia stock.