Needham reiterates USD 300 target: Nvidia stock gains 1.61 percent

Published on 10/27/2026 at 18:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 96.22 billion, up 105.9 percent. Nvidia stock costs EUR 195.89 on October 27, 2026, 1.61 percent above the Xetra close.

Analyst view and market position

Needham reiterated its Buy rating on October 22, 2026.
NVIDIA reported second-quarter revenue of USD 96.22 billion, up 105.9 percent year over year.
Nvidia stock costs EUR 195.89 at Lang & Schwarz on October 27, 2026 at 6:10 p.m. CET, 1.61 percent above the Xetra close of October 26, 2026, and 19.99 percent below the 52-week high.
The next valuation reference is a P/E ratio of 26.83 based on the latest reported market data.

Nvidia, US67066G1040, Illustration mit AI erstellt.

Nvidia (ISIN US67066G1040) stock trades at a key analyst reference point after TradingView reported on October 22, 2026 that Needham reiterated its Buy rating and USD 300.00 price target. The target represented 35.20 percent upside from Nvidia's October 21 Nasdaq close of USD 221.97. At Lang & Schwarz, the stock was trading at EUR 195.89 on October 27, 2026 at 6:10 p.m. CET, 1.61 percent above the Xetra close of October 26, 2026 at EUR 192.78.

Revenue growth remains the anchor

Nvidia's second-quarter fiscal 2027 revenue reached USD 96.22 billion, up 105.9 percent from the same quarter a year earlier. MarketBeat reported that adjusted earnings per share came in at USD 2.22 against a USD 2.09 consensus estimate, while revenue exceeded the USD 92.27 billion consensus. The comparison matters because the latest analyst target still rests on unusually rapid operating growth.

Stock stays below the yearly high

MarketBeat listed Nvidia's Nasdaq 52-week range at USD 164.27 to USD 243.37 on October 23, 2026. The latest USD 216.24 Nasdaq quote on October 27, 2026 stood 11.19 percent below that high, while the Xetra listing had gained 21.03 percent since the start of 2026. The euro price therefore sits above its October 26 close but below the year's upper trading area.

Valuation and peer comparison

The same MarketBeat report gave Nvidia a market capitalization of USD 5.11 trillion and a P/E ratio of 26.83 as of October 23, 2026. For the latest reported second quarter, net income attributable to common shareholders was USD 59.69 billion and the net profit margin was 62.00 percent.

Comparison with peers

Advanced Micro Devices: up 5.22 percent on October 27, 2026, P/E 143.41, market capitalization USD 912.6 billion.

Broadcom: up 4.10 percent on October 27, 2026, P/E 43.84, market capitalization USD 1.6 trillion.

What matters for the valuation

Needham's USD 300.00 target and Nvidia's USD 96.22 billion quarterly revenue point to two different tests for the stock. The first is whether valuation can absorb further growth expectations; the second is whether the company can keep converting AI infrastructure demand into revenue at a triple-digit annual rate.

Price after the Xetra close

Nvidia stock was trading at EUR 195.89 at Lang & Schwarz on October 27, 2026 at 6:10 p.m. CET, up 1.61 percent versus the Xetra close of October 26, 2026 at EUR 192.78. The price remained 19.99 percent below the 52-week high of USD 243.37, a comparison in the Nasdaq currency rather than against the euro quote. The further course of trading is shown by the continuously updated real-time quote of Nvidia stock.