Nvidia stock gets a Strong Buy upgrade after 106% growth

Nvidia stock stood at USD 225.51 on Nasdaq on September 23, 2026, down 1.47 percent from the prior close and 4.66 percent below its 52-week high of USD 236.54. The immediate catalyst was an analyst upgrade, as MarketBeat reported on September 23, 2026, that Zacks Research raised Nvidia from Hold to Strong Buy.

Revenue growth stays triple digit

Nvidia reported USD 96.221 billion in revenue for fiscal Q2 2027, the quarter ended July 26, 2026. The result increased 106 percent from the year-earlier period and 18 percent from fiscal Q1, according to StockTitan.

GAAP net income reached USD 59.688 billion in fiscal Q2 2027, while GAAP diluted earnings per share came to USD 2.46. The same report showed a 75.0 percent gross margin, leaving profitability high even as the revenue base expands.

Data Center drives the result

Data Center revenue reached USD 89.023 billion in fiscal Q2 2027, up 117 percent year over year and 18 percent quarter over quarter, StockTitan reported. The segment therefore remains the central earnings variable, because its quarterly revenue was USD 89.023 billion against total revenue of USD 96.221 billion.

Management also guided fiscal Q3 2027 revenue to USD 108.0 billion plus or minus 2 percent, according to The Motley Fool in its August 31, 2026 earnings call transcript. That guidance implies another sequential increase from the USD 96.221 billion fiscal Q2 base.

Target remains above the share price

MarketBeat cited a consensus price target of USD 324.34 and an average Buy rating on September 23, 2026. The target lies 43.8 percent above the USD 225.51 Nasdaq price, while the stock is 4.66 percent below its 52-week high of USD 236.54.

For investors, the numbers create a clear split between operating momentum and daily pricing. Nvidia stock fell 1.47 percent on the September 23 session even as fiscal Q2 revenue grew 106 percent year over year.