ERIC
Telefonaktiebolaget LM Ericsson (publ)
ERIC's outlook is improving, though it still trails on the overall score.
NVDA
NVIDIA Corporation
NVDA has the edge over ERIC overall, supported by stronger valuation and stronger fundamentals.
ERIC Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
ERIC's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
ERIC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $6.18 | -42% |
| Fair | 15x | $8.58 | -19% |
| Current | 18x | $10.61 | — |
| Expensive | 132x | $76.83 | +624% |
Historical ranges are pointers, not guarantees.
ERIC's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
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 has the edge over ERIC in the historical PE scenario, which offers more potential upside but is not a forecast.
ERIC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect ERIC's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
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.
ERIC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.58 | -21% |
| Q2 2026 | $0.74 | +45% |
| Q1 2026 | $0.75 | +1775% |
| Q4 2025 | $0.84 | +8300% |
| Q3 2025 | $0.73 | +$0.77 |
| Q2 2025 | $0.51 | +$1.60 |
| Q1 2025 | $0.04 | +$0.82 |
| Q4 2024 | $0.01 | +$0.83 |
ERIC earned $0.58 per share over the past year, down 21% from 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 ERIC on earnings, with more consistent year-over-year improvement.
ERIC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $6B | +5.8% |
| Q2 2026 | $5.3B | -4.3% |
| Q1 2026 | $5.1B | -0.9% |
| Q4 2025 | $6.8B | -9.2% |
| Q3 2025 | $5.7B | -5.9% |
| Q2 2025 | $5.5B | -7% |
| Q1 2025 | $5.2B | -6.7% |
| Q4 2024 | $7.5B | +10% |
ERIC's revenue is recovering but still below its 2022 peak: $6B last quarter, up 5.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +1.7 points |
| Q2 2026 | 11% | -1.2 points |
| Q1 2026 | 11% | -0.5 points |
| Q4 2025 | 17% | +3.5 points |
| Q3 2025 | 13% | +1.3 points |
| Q2 2025 | 12% | +7 points |
| Q1 2025 | 11% | +6.9 points |
| Q4 2024 | 14% | +3.3 points |
ERIC's operating margin was 15% last quarter, up 1.7 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 ERIC on sales, with more consistent year-over-year improvement.
| 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 ERIC on profitability, with a higher operating margin.
ERIC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $535.9M | -27% |
| Q2 2026 | $128.9M | -64% |
| Q1 2026 | $706.5M | +107% |
| Q4 2025 | $1.5B | -17% |
| Q3 2025 | $729.6M | -45% |
| Q2 2025 | $354.2M | -59% |
| Q1 2025 | $342M | -29% |
| Q4 2024 | $1.8B | +38% |
ERIC still generates free cash flow, though less than at its 2022 peak: $2.9B over the past year.
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 ERIC on cash flow, with more consistent year-over-year improvement.
ERIC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -44M shares |
| 1 year | -1.9% | -64M shares |
| 3 years | -1.6% | -52M shares |
| 5 years | -1.7% | -55M shares |
| Available history | -1.4% | -48M shares |
ERIC has the edge over NVDA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $454.9M |
| Q2 2026 | $339.8M |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
ERIC spent $795M buying back its own shares over the past year, after none the year before.
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 24.3B diluted shares, down 1% from a year ago, with $55.3B in buybacks over the past year.
| 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.
ERIC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 0.0x | Very low |
| Q3 2025 | 0.0x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 0.1x | Very low |
ERIC has the edge over NVDA on leverage, with a lower net debt burden relative to earnings.
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.
ERIC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.2 | Neutral |
| Stochastic | 75.8 | Neutral |
ERIC's weekly RSI is 51 (neutral) and its Stochastic is 76 (neutral).
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).
ERIC PE vs Technology Sector
| Metric | ERIC | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 28x | 34% below |
| PE % | 64 | 35 | 29 pts above |
ERIC has the edge over NVDA on valuation relative to its sector.
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.
ERIC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.2 | 4% above |
| 20 week MA | $10.2 | 4% above |
| 50 week MA | $10.8 | 1.4% below |
| 100 week MA | $9.51 | 12% above |
| 200 week MA | $7.71 | 38% above |
ERIC 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.
ERIC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.86 | $11.8 | +33% |
| 2021 | $11.8 | $10.8 | -8.4% |
| 2022 | $10.8 | $5.89 | -45% |
| 2023 | $5.89 | $6.30 | +7% |
| 2024 | $6.30 | $8.10 | +29% |
| 2025 | $8.10 | $9.68 | +20% |
| 2026 YTD | $9.68 | $10.6 | +9.6% |
ERIC 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.