NVDA
NVIDIA Corporation
NVDA has the edge over PCTY overall, supported by stronger modeled upside and stronger fundamentals.
PCTY
Paylocity Holding Corporation
PCTY's outlook is improving, though it still trails on the overall score.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
PCTY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
PCTY's revenue, profitability, cash flow and balance sheet are all currently healthy.
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 PCTY in the historical PE scenario, which offers more potential upside but is not a forecast.
PCTY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $179 | — |
| Current | 35x | $179 | — |
| Cheap | 39x | $202 | +13% |
| Fair | 85x | $438 | +145% |
| Expensive | 150x | $770 | +330% |
Historical ranges are pointers, not guarantees.
PCTY's PE is in its cheap range at 35x. If earnings grow as analysts expect, today's price would be 19x next year's earnings.
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.
PCTY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| High |
PCTY has the edge over NVDA on the outlook, with more favorable profitability expectations.
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 PCTY on earnings, with stronger typical year-over-year growth.
PCTY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.45 | +84% |
| Q3 2026 | $5.13 | +28% |
| Q2 2026 | $4.92 | +22% |
| Q1 2026 | $4.70 | +18% |
| Q4 2025 | $4.26 | +9.5% |
| Q3 2025 | $4.00 | +2.6% |
| Q2 2025 | $4.02 | +11% |
| Q1 2025 | $4.00 | +17% |
| Q4 2024 | $3.89 | +32% |
PCTY's earnings per share have climbed steadily: $5.13 over the past year, up 28% from the year before, and higher year over year for 22 quarters in a row.
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 PCTY 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 PCTY on profitability, with a higher operating margin.
PCTY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $451.7M | +11% |
| Q2 2026 | $444.7M | +11% |
| Q1 2026 | $502.3M | +11% |
| Q4 2025 | $416.1M | +10% |
| Q3 2025 | $408.2M | +12% |
| Q2 2025 | $400.7M | +12% |
| Q1 2025 | $454.5M | +13% |
| Q4 2024 | $377M | +16% |
PCTY's revenue has grown year over year every quarter since late 2020: $452M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 18% | 0 points |
| Q2 2026 | 19% | +2.4 points |
| Q1 2026 | 31% | +3.3 points |
| Q4 2025 | 17% | +4.5 points |
| Q3 2025 | 18% | +0.5 points |
| Q2 2025 | 17% | -1.1 points |
| Q1 2025 | 28% | +1.5 points |
| Q4 2024 | 12% | -2.9 points |
PCTY's operating margin was 18% last quarter, about level with the same quarter a year ago.
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 PCTY on cash flow, with more consistent year-over-year improvement.
PCTY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $76.6M | -7.3% |
| Q2 2026 | $91.3M | +12% |
| Q1 2026 | $209.5M | +14% |
| Q4 2025 | $113.6M | +122% |
| Q3 2025 | $82.7M | -7.3% |
| Q2 2025 | $81.1M | +10% |
| Q1 2025 | $183.7M | +13% |
| Q4 2024 | $51.2M | -29% |
PCTY generated $491M in free cash flow over the past year, up 23% from 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.
PCTY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.9% | -1M shares |
| 1 year | -3.8% | -2.1M shares |
| 3 years | -5.6% | -3.2M shares |
| 5 years | -4.9% | -2.8M shares |
| Available history | -3.8% | -2.1M shares |
PCTY has the edge over NVDA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $152.5M |
| Q2 2026 | $48.1M |
| Q1 2026 | $50M |
| Q4 2025 | $100M |
| Q3 2025 | $200M |
| Q2 2025 | $58.6M |
| Q1 2025 | $82.7M |
PCTY spent $351M buying back its own shares over the past year.
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.
PCTY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.6x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
PCTY has the edge over NVDA on leverage, with a lower net debt burden relative to earnings.
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).
PCTY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 70.6 | Overbought |
| Stochastic | 87.5 | Overbought |
PCTY's weekly RSI is 71 (overbought) and its Stochastic is 87 (overbought).
NVDA PE vs Technology Sector
| Metric | NVDA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 0 | 35 | 35 pts below |
NVDA has the edge over PCTY on valuation relative to its sector.
PCTY PE vs Technology Sector
| Metric | PCTY | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 28x | 25% above |
| PE % | 11 | 35 | 24 pts below |
PCTY is trading at 35x earnings, a 25% premium to the Technology sector's median of 28x.
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.
PCTY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.5 | 9.4% above |
| 20 week MA | $148.9 | 20% above |
| 50 week MA | $131.5 | 36% above |
| 100 week MA | $156.3 | 14% above |
| 200 week MA | $165.9 | 7.9% above |
PCTY has the edge over NVDA on trend strength, trading above more of its moving averages.
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.
PCTY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $121.7 | $214.3 | +76% |
| 2021 | $214.3 | $239.4 | +12% |
| 2022 | $239.4 | $191.9 | -20% |
| 2023 | $191.9 | $164.9 | -14% |
| 2024 | $164.9 | $199.7 | +21% |
| 2025 | $199.7 | $153.7 | -23% |
| 2026 YTD | $153.7 | $178.9 | +16% |
PCTY has the edge over NVDA on returns for 2026, with the stronger performance.