FUSE
Fusemachines Inc.
There isn't enough reported data to score FUSE yet.
NVDA
NVIDIA Corporation
NVDA's fundamentals are strong and it looks cheap: trading at 21x earnings, about a third of its usual 65x. Analysts expect strong earnings growth.
FUSE Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| Unavailable | |
| Strong |
FUSE's profitability and balance sheet are currently strong. There isn't enough data to rate its revenue and cash flow.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
FUSE PE Valuation
FUSE has no meaningful PE right now: it lost money over the past year.
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.
FUSE Forward outlook
There aren't enough analyst estimates for FUSE to show an outlook.
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.
FUSE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2023 | $0.23 | +156% |
| Q3 2023 | $0.28 | +1300% |
| Q2 2023 | $0.26 | +$0.28 |
| Q1 2023 | $0.16 | +$0.17 |
FUSE has the stronger earnings trend. Trailing diluted EPS is up 156% for FUSE versus NVDA up 125%.
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's earnings per share have climbed steadily: $7.91 over the past year, up 125% from the year before, and higher year over year for 13 quarters in a row.
FUSE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.9M | -3.8% |
| Q1 2025 | $2M | +1.9% |
NVDA has the stronger quarterly revenue trend. Revenue is down 5.6% for FUSE versus up 106% for NVDA.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -125% | N/A |
| Q2 2026 | -150% | N/A |
| Q1 2026 | -162% | -94 points |
| Q1 2025 | -67% | N/A |
| Q4 2024 | -62% | N/A |
| Q2 2024 | 4.4% | N/A |
| Q1 2024 | -95% | N/A |
FUSE's operating margin was −125% last quarter, down 63 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's revenue has grown year over year for 13 quarters in a row: $96.2B last quarter, up 106% from the same quarter a year ago.
| 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 FUSE on profitability, with a higher operating margin.
FUSE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$1.3M | -$1.1M |
| Q1 2026 | -$2.2M | -$2M |
| Q2 2025 | -$230.1K | -101% |
| Q1 2025 | -$253K | +$1.2M |
| Q4 2024 | $304K | -51% |
| Q2 2024 | $45.6M | +6569% |
| Q1 2024 | -$1.5M | -$1.2M |
| Q4 2023 | $622K | +75% |
FUSE has the edge over NVDA in the latest year-over-year cash flow comparison.
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's free cash flow has been positive every quarter for six years: $127B over the past year, up 76% from the year before.
FUSE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.6% | +1.6M shares |
| 1 year | +321% | +23.3M shares |
| 3 years | +30% | +7.1M shares |
FUSE has 31M diluted shares, up 321% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $2M |
| Q4 2023 | — |
| Q3 2023 | $149.5M |
| Q2 2023 | — |
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 FUSE 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.
FUSE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2024 | 0.4x | Very low |
| Q4 2023 | 1.5x | Healthy |
| Q3 2023 | 0.1x | Very low |
| Q2 2023 | 0.1x | Very low |
| Q1 2023 | 0.0x | Very low |
| Q4 2022 | 2.2x | Moderate |
FUSE's net debt is less than a year of its operating earnings (EBITDA).
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.
FUSE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 6.6 | Oversold |
| Stochastic | 8.2 | Oversold |
FUSE's weekly RSI is 7 (oversold) and its Stochastic is 8 (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).
FUSE PE vs Technology Sector
FUSE 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.
FUSE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.40 | 20% below |
| 20 week MA | $0.64 | 50% below |
| 50 week MA | $1.19 | 73% below |
NVDA has stronger trend alignment. FUSE is above 0 of 3 weekly averages versus NVDA above 1 of 5.
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.
FUSE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $15.0 | $1.91 | -87% |
| 2026 YTD | $1.91 | $0.32 | -83% |
FUSE has finished every year since 2025 lower, and it's down 83% so far in 2026.
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 has the edge over FUSE on returns for 2026, with the stronger performance.