NVDA
NVIDIA Corporation
NVDA has the edge over PENG overall, supported by stronger valuation and stronger fundamentals.
PENG
Penguin Solutions, Inc.
PENG'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.
PENG Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Weak | |
| Healthy |
PENG's revenue, profitability and balance sheet are currently healthy, but its cash flow is weak.
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 PENG in the historical PE scenario, which offers more potential upside but is not a forecast.
PENG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $50.10 | — |
| Current | 19x | $50.10 | — |
| Cheap | 36x | $93.86 | +87% |
| Fair | 66x | $171 | +240% |
| Expensive | 83x | $215 | +330% |
Historical ranges are pointers, not guarantees.
PENG's PE is in its cheap range at 19x. If earnings grow as analysts expect, today's price would be 11x 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.
PENG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
PENG 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'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.
PENG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.56 | +76% |
| Q3 2026 | $2.59 | +793% |
| Q2 2026 | $1.41 | +$1.69 |
| Q1 2026 | $0.72 | +$0.89 |
| Q4 2025 | $0.23 | +$0.75 |
| Q3 2025 | $0.29 | +$1.29 |
| Q2 2025 | -$0.28 | +$2.80 |
| Q1 2025 | -$0.17 | +$3.51 |
| Q4 2024 | -$0.52 | +$3.45 |
PENG's earnings per share have climbed steadily: $2.59 over the past year, about nine times what it earned the year before, and higher year over year for nine 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 PENG 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 PENG on profitability, with a higher operating margin.
PENG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $566.7M | +68% |
| Q2 2026 | $478.7M | +48% |
| Q1 2026 | $343M | -6.2% |
| Q4 2025 | $343.1M | +0.6% |
| Q3 2025 | $337.9M | +8.6% |
| Q2 2025 | $324.3M | +7.9% |
| Q1 2025 | $365.5M | +28% |
| Q4 2024 | $341.1M | +24% |
PENG's revenue is growing: $567M last quarter, up 68% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | +8.6 points |
| Q2 2026 | 11% | +7.6 points |
| Q1 2026 | 7.5% | +2.4 points |
| Q4 2025 | 5.7% | +0.6 points |
| Q3 2025 | 3.7% | +0.9 points |
| Q2 2025 | 3% | -0.8 points |
| Q1 2025 | 5.1% | +6.2 points |
| Q4 2024 | 5.1% | +4.6 points |
PENG's operating margin was 12% last quarter, up 8.6 points from the same quarter a year ago, near the top of its range since 2019.
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 PENG on cash generation, producing positive trailing cash flow while its opponent burns cash.
PENG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$167.4M | -$94.1M |
| Q2 2026 | -$77.6M | -185% |
| Q1 2026 | $53.3M | -24% |
| Q4 2025 | $28.2M | +135% |
| Q3 2025 | -$73.4M | -$55.4M |
| Q2 2025 | $90.9M | +20% |
| Q1 2025 | $70.5M | +$97.7M |
| Q4 2024 | $12M | -55% |
PENG's free cash flow has turned negative after years in the green: −$163M over the past year.
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 PENG 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.
PENG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +16% | +9M shares |
| 1 year | +18% | +9.7M shares |
| 3 years | +15% | +8.5M shares |
| 5 years | +24% | +12.5M shares |
| Available history | +32% | +15.5M shares |
PENG has 64M diluted shares, up 18% from a year ago, despite $74M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.5M |
| Q2 2026 | $11.8M |
| Q1 2026 | $36.9M |
| Q4 2025 | $20.2M |
| Q3 2025 | $3.1M |
| Q2 2025 | $31.6M |
| Q1 2025 | $6.5M |
| Q4 2024 | $11.1M |
PENG spent $74M buying back its own shares over the past year, up 42% from the year before.
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 has the edge over PENG on leverage, with a lower net debt burden relative to earnings.
PENG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.0x | Very low |
| Q1 2026 | -0.4x | Net Cash |
| Q4 2025 | 0.0x | Very low |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 3.0x | Moderate |
PENG's net debt is less than a year of its operating earnings (EBITDA).
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).
PENG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.1 | Neutral |
| Stochastic | 21.3 | Neutral |
PENG's weekly RSI is 49 (neutral) and its Stochastic is 21 (neutral).
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.
PENG PE vs Technology Sector
| Metric | PENG | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 28x | 31% below |
| PE % | 2 | 35 | 33 pts below |
PENG has the edge over NVDA on valuation relative to its sector.
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.
PENG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $56.0 | 11% below |
| 20 week MA | $56.8 | 12% below |
| 50 week MA | $41.0 | 22% above |
| 100 week MA | $30.9 | 62% above |
| 200 week MA | $25.6 | 96% above |
PENG 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.
PENG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.1 | $17.7 | -7.3% |
| 2021 | $17.7 | $33.4 | +89% |
| 2022 | $33.4 | $15.3 | -54% |
| 2023 | $15.3 | $18.9 | +24% |
| 2024 | $18.9 | $19.4 | +2.3% |
| 2025 | $19.4 | $20.3 | +4.7% |
| 2026 YTD | $20.3 | $50.1 | +147% |
PENG has the edge over NVDA on returns for 2026, with the stronger performance.