IPM
Intelligent Protection Management Corp.
IPM's outlook is improving, though it still trails on the overall score.
NVDA
NVIDIA Corporation
NVDA has the edge over IPM overall, supported by stronger valuation and stronger modeled upside.
IPM Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Healthy | |
| Strong |
IPM's revenue, cash flow and balance sheet are currently healthy, but its profitability is under pressure.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
IPM PE Valuation
IPM 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.
IPM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
IPM 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.
IPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.11 | — |
| Q3 2026 | -$0.26 | +$0.44 |
| Q2 2026 | -$0.28 | +$0.50 |
| Q1 2026 | -$0.26 | +$0.54 |
| Q4 2025 | -$0.15 | +$0.76 |
| Q3 2025 | -$0.70 | -$0.36 |
| Q2 2025 | -$0.78 | -$0.58 |
| Q1 2025 | -$0.80 | -$0.71 |
| Q4 2024 | -$0.91 | -$0.79 |
IPM is still losing money, but far less than before: $0.26 per share over the past year, against $1.37 at its worst in early 2020.
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 IPM on earnings quality, reporting a profit while its opponent remains loss making.
IPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11M | +76% |
| Q2 2026 | $6.5M | +13% |
| Q1 2026 | $6.4M | +15% |
| Q3 2025 | $6.2M | +194% |
| Q2 2025 | $5.7M | +157% |
| Q1 2025 | $5.5M | +112% |
| Q3 2024 | $2.1M | -23% |
| Q2 2024 | $2.2M | -25% |
IPM's revenue has grown year over year for seven quarters in a row: $11M last quarter, up 76% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -8.1% | +15 points |
| Q2 2026 | -23% | -3.7 points |
| Q1 2026 | -12% | +12 points |
| Q4 2025 | -13% | N/A |
| Q3 2025 | -23% | +57 points |
| Q2 2025 | -20% | +33 points |
| Q1 2025 | -24% | +5.2 points |
| Q3 2024 | -80% | -66 points |
IPM's operating margin was −8.1% last quarter, up 15 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 IPM 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 IPM on profitability, with a higher operating margin.
IPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.1M | +3703% |
| Q1 2026 | -$265.9K | -115% |
| Q4 2025 | $87.6K | +$1.6M |
| Q3 2025 | $133K | +$912.7K |
| Q1 2025 | $1.7M | +$2.3M |
| Q2 2024 | -$251.3K | -$57.5K |
| Q1 2024 | -$520.8K | +$282.2K |
| Q2 2023 | -$193.8K | +$217.2K |
IPM's free cash flow has turned positive after three years mostly in the red: $4M 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 IPM on cash flow, with more consistent year-over-year improvement.
IPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | -1.3% | -166K shares |
| 3 years | +41% | +3.8M shares |
| 5 years | +89% | +6.1M shares |
| Available history | +90% | +6.2M shares |
IPM has the edge over NVDA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 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 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.
IPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2020 | -2.8x | Net Cash |
IPM has more cash than debt.
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.
IPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.4 | Neutral |
| Stochastic | 42.7 | Neutral |
IPM's weekly RSI is 48 (neutral) and its Stochastic is 43 (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).
IPM PE vs Technology Sector
| Metric | IPM | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
IPM 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.
IPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.72 | 1.7% above |
| 20 week MA | $1.79 | 2.2% below |
| 50 week MA | $1.78 | 1.7% below |
| 100 week MA | $1.86 | 5.9% below |
| 200 week MA | $2.33 | 25% below |
IPM has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 25% below its 200-week average.
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.
IPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.07 | $1.50 | +40% |
| 2021 | $1.50 | $3.15 | +110% |
| 2022 | $3.15 | $1.48 | -53% |
| 2023 | $1.48 | $2.34 | +58% |
| 2024 | $2.34 | $2.15 | -8.1% |
| 2025 | $2.15 | $1.76 | -18% |
| 2026 YTD | $1.76 | $1.75 | -0.6% |
IPM 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.