AIP
Arteris, Inc.
AIP's outlook is improving, though it still trails on the overall score.
NVDA
NVIDIA Corporation
NVDA has the edge over AIP overall, supported by stronger valuation and stronger modeled upside.
AIP Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Weak | |
| Stable | |
| Unavailable |
AIP's revenue is currently strong, and its cash flow is stable, but its profitability is weak. There isn't enough data to rate its balance sheet.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
AIP PE Valuation
AIP has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 336x next year's earnings.
NVDA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $166 | — |
| Current | 21x | $166 | — |
| Cheap | 44x | $345 | +108% |
| Fair | 65x | $511 | +207% |
| Expensive | 93x | $734 | +342% |
Historical ranges are pointers, not guarantees.
NVDA's PE is in its cheap range at 21x. If earnings grow as analysts expect, today's price would be 12x next year's earnings.
AIP Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
AIP has the edge over NVDA on the outlook, with more favorable profitability expectations.
NVDA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for NVDA, but weaker profitability.
AIP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.06 | — |
| Q3 2026 | -$0.89 | -$0.07 |
| Q2 2026 | -$0.87 | -$0.06 |
| Q1 2026 | -$0.79 | +$0.02 |
| Q4 2025 | -$0.82 | +$0.04 |
| Q3 2025 | -$0.82 | +$0.13 |
| Q2 2025 | -$0.81 | +$0.17 |
| Q1 2025 | -$0.81 | +$0.21 |
| Q4 2024 | -$0.86 | +$0.17 |
AIP lost $0.89 per share over the past year, about the same as its loss the year before.
NVDA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.77 | +74% |
| Q3 2026 | $7.91 | +125% |
| Q2 2026 | $6.53 | +111% |
| Q1 2026 | $4.90 | +67% |
| Q4 2025 | $4.03 | +59% |
| Q3 2025 | $3.51 | +65% |
| Q2 2025 | $3.10 | +81% |
| Q1 2025 | $2.94 | +147% |
| Q4 2024 | $2.54 | +234% |
NVDA has the edge over AIP on earnings quality, reporting a profit while its opponent remains loss making.
AIP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $25.8M | +48% |
| Q2 2026 | $24.1M | +46% |
| Q1 2026 | $22.9M | +39% |
| Q4 2025 | $20.1M | +30% |
| Q3 2025 | $17.4M | +18% |
| Q2 2025 | $16.5M | +13% |
| Q1 2025 | $16.5M | +28% |
| Q4 2024 | $15.5M | +24% |
AIP's revenue has grown year over year for nine quarters in a row: $26M last quarter, up 48% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -44% | +6.2 points |
| Q2 2026 | -58% | -7.7 points |
| Q1 2026 | -41% | +6.1 points |
| Q4 2025 | -42% | +3.8 points |
| Q3 2025 | -50% | +3.8 points |
| Q2 2025 | -50% | +1.1 points |
| Q1 2025 | -47% | +24 points |
| Q4 2024 | -46% | +28 points |
AIP's operating margin was −44% last quarter, up 6.2 points from the same quarter a year ago.
NVDA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $96.2B | +106% |
| Q2 2026 | $81.6B | +85% |
| Q1 2026 | $68.1B | +73% |
| Q4 2025 | $57B | +62% |
| Q3 2025 | $46.7B | +56% |
| Q2 2025 | $44.1B | +69% |
| Q1 2025 | $39.3B | +78% |
| Q4 2024 | $35.1B | +94% |
NVDA has the edge over AIP on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 66% | +5.4 points |
| Q2 2026 | 66% | +17 points |
| Q1 2026 | 65% | +3.9 points |
| Q4 2025 | 63% | +0.8 points |
| Q3 2025 | 61% | -1.2 points |
| Q2 2025 | 49% | -16 points |
| Q1 2025 | 61% | -0.5 points |
| Q4 2024 | 62% | +4.9 points |
NVDA has the edge over AIP on profitability, with a higher operating margin.
AIP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$2.1M | -186% |
| Q2 2026 | $8.6M | +$11.5M |
| Q1 2026 | -$7.4M | -375% |
| Q4 2025 | $3M | +$5.7M |
| Q3 2025 | $2.5M | +126% |
| Q2 2025 | -$2.8M | -1176% |
| Q1 2025 | $2.7M | +853% |
| Q4 2024 | -$2.7M | +$726K |
AIP's free cash flow has turned positive again: $2M over the past year, against −$372,000 the year before.
NVDA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.4B | +59% |
| Q2 2026 | $48.6B | +86% |
| Q1 2026 | $34.9B | +124% |
| Q4 2025 | $22.1B | +32% |
| Q3 2025 | $13.5B | -0.3% |
| Q2 2025 | $26.2B | +75% |
| Q1 2025 | $15.6B | +38% |
| Q3 2024 | $13.5B | +113% |
NVDA has the edge over AIP on cash flow, with more consistent year-over-year improvement.
AIP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +4.5% | +2.1M shares |
| 1 year | +16% | +6.6M shares |
| 3 years | +37% | +13.4M shares |
| 5 years | +107% | +25.6M shares |
| Available history | +183% | +32M shares |
AIP has 49M diluted shares, up 16% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
NVDA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -106M shares |
| 1 year | -1% | -247M shares |
| 3 years | -2.8% | -705M shares |
| 5 years | -4.1% | -1B shares |
| Available history | -1.8% | -435M shares |
NVDA has the edge over AIP on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7B |
| Q2 2026 | $19.3B |
| Q1 2026 | $3.8B |
| Q4 2025 | $12.5B |
| Q3 2025 | $9.7B |
| Q2 2025 | $14.1B |
| Q1 2025 | $7.8B |
| Q4 2024 | $11B |
NVDA spent $55.3B buying back its own shares over the past year, up 30% from the year before.
AIP Net Leverage
AIP's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
NVDA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | -0.0x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.0x | Very low |
| Q4 2024 | -0.0x | Net Cash |
NVDA's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
AIP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.8 | Neutral |
| Stochastic | 15.5 | Oversold |
AIP's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
NVDA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 18.1 | Oversold |
NVDA's weekly RSI is 33 (neutral) and its Stochastic is 18 (oversold).
AIP PE vs Technology Sector
AIP has no meaningful PE right now: it lost money over the past year.
NVDA PE vs Technology Sector
| Metric | NVDA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 0 | 35 | 35 pts below |
NVDA is trading at 21x earnings, a 25% discount to the Technology sector's median of 28x.
AIP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.7 | 2.5% below |
| 20 week MA | $24.9 | 19% below |
| 50 week MA | $23.6 | 15% below |
| 100 week MA | $16.6 | 21% above |
| 200 week MA | $11.6 | 73% above |
AIP has the edge over NVDA on trend strength, trading above more of its moving averages.
NVDA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $208.9 | 20% below |
| 20 week MA | $212.0 | 22% below |
| 50 week MA | $199.9 | 17% below |
| 100 week MA | $175.1 | 5.1% below |
| 200 week MA | $123.6 | 34% above |
NVDA has fallen below most of its moving averages, though it's still 34% above its 200-week average.
AIP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $22.4 | $20.9 | -6.4% |
| 2022 | $20.9 | $4.29 | -80% |
| 2023 | $4.29 | $5.89 | +37% |
| 2024 | $5.89 | $10.3 | +74% |
| 2025 | $10.3 | $15.9 | +55% |
| 2026 YTD | $15.9 | $20.2 | +27% |
AIP has the edge over NVDA on returns for 2026, with the stronger performance.
NVDA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.92 | $13.0 | +119% |
| 2021 | $13.0 | $29.6 | +128% |
| 2022 | $29.6 | $15.2 | -49% |
| 2023 | $15.2 | $49.5 | +226% |
| 2024 | $49.5 | $137.0 | +177% |
| 2025 | $137.0 | $190.5 | +39% |
| 2026 YTD | $190.5 | $166.2 | -13% |
NVDA's yearly returns have swung widely, from +226% in 2023 to −49% in 2022. It's down 13% so far in 2026.