Nvidia stock: BNP Paribas lifts target for Nvidia stock to USD 345.00

Published on 10/16/2026 at 16:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal second-quarter 2027 revenue was USD 96.22 billion. Nvidia stock costs EUR 192.37 on October 16, 2026, minus 0.56 percent versus the Xetra close.

Targets and operating scale

On October 6, BNP Paribas lifted its Nvidia target from USD 285.00 to USD 345.00.
Fiscal second-quarter 2027 revenue reached USD 96.22 billion, up 105.90 percent year over year.
Nvidia stock costs EUR 192.37 at Lang & Schwarz on October 16, 2026 at 4:11 p.m. CEST, minus 0.56 percent versus the Xetra close of October 15, 2026.
Nvidia's market capitalization stood at USD 5.2 trillion on October 16, 2026.

Architekturaufnahme eines modernen Technologie-Hauptsitzes mit vollverglasten Fassaden, die den Abendhimmel spiegeln, symmetrischer Frontansicht und gepflegter Bepflanzung — Nvidia US67066G1040 modernes Glas-Campus-Gebäude in Santa Clara im warmen goldenen Abendlicht symmetrisch fotografiert, Illustration mit AI erstellt.

On October 6, BNP Paribas lifted its Nvidia price target from USD 285.00 to USD 345.00 while maintaining an Outperform rating, as Yahoo Finance reported. The revised target sits 58.95 percent above the Nasdaq price of USD 217.05 on October 16, 2026. Nvidia stock was trading at EUR 192.37 at Lang & Schwarz on October 16, 2026 at 4:11 p.m. CEST, down 0.56 percent versus the Xetra close of October 15, 2026 at EUR 193.46.

Revenue scaled to USD 96.22 billion

Nvidia's fiscal second-quarter 2027 revenue reached USD 96.22 billion for the period ended July 26, 2026, up 105.90 percent from the year-ago quarter. The figure and comparison were reported by Yahoo Finance. Net income attributable to common shareholders was USD 59.69 billion, with diluted earnings per share of USD 2.46 for the same period.

Range leaves room below the high

On the Nasdaq, Nvidia was last at USD 217.05 on October 16, 2026 at 10:28 a.m. EDT. The session range ran from USD 215.08 to USD 217.50, while volume stood at 27.8 million shares against an average of 118.9 million. The 52-week range was USD 164.27 to USD 243.37, placing the stock 10.82 percent below its high.

Valuation and market comparison

Nvidia had a market capitalization of USD 5.2 trillion and a price-to-earnings ratio of 27.44 on October 16, 2026. Its trailing dividend yield was 0.00 percent. The BNP Paribas target gives the analyst view a defined distance from the current Nasdaq price, while the euro quotation remains below the Xetra close.

Comparison with peers

Nvidia: minus 0.56 percent, P/E 27.44, market capitalization USD 5.2 trillion.
Advanced Micro Devices (Nasdaq, USD): minus 3.47 percent, P/E 139.22, market capitalization USD 886.0 billion.
Broadcom (Nasdaq, USD): minus 2.14 percent, P/E 43.05, market capitalization USD 1.6 trillion.

Price and investor perspective

The current picture combines a large analyst target revision with revenue growth of 105.90 percent in fiscal second-quarter 2027. The contrast is visible in the trading figures: Nvidia's Nasdaq quote was below its 52-week high, while the euro price sat just below the latest Xetra close.

Nvidia stock was trading at EUR 192.37 at Lang & Schwarz on October 16, 2026 at 4:11 p.m. CEST, minus 0.56 percent versus the Xetra close of October 15, 2026 at EUR 193.46. The further course of trading is shown by the continuously updated real-time quote of Nvidia stock.