NVDA
NVIDIA Corporation
NVDA has the edge over PLUS overall, supported by stronger valuation and stronger modeled upside.
PLUS
ePlus inc.
PLUS'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.
PLUS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Unavailable | |
| Strong |
PLUS's profitability and balance sheet are currently healthy, and its revenue is stable. There isn't enough data to rate its cash flow.
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 PLUS in the historical PE scenario, which offers more potential upside but is not a forecast.
PLUS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $64.79 | -33% |
| Fair | 16x | $80.46 | -17% |
| Forward | 16x | $97.13 | — |
| Expensive | 18x | $92.10 | -5.2% |
| Current | 19x | $97.13 | — |
Historical ranges are pointers, not guarantees.
PLUS's PE is in its expensive range at 19x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its fair range.
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.
PLUS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
PLUS 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 PLUS on earnings, with more consistent year-over-year improvement.
PLUS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.99 | +20% |
| Q3 2026 | $5.00 | +8.5% |
| Q2 2026 | $4.76 | +6.7% |
| Q1 2026 | $5.03 | +24% |
| Q4 2025 | $5.03 | +28% |
| Q3 2025 | $4.61 | +14% |
| Q2 2025 | $4.46 | +9.3% |
| Q1 2025 | $4.05 | -6.5% |
| Q4 2024 | $3.92 | -17% |
PLUS earned $5.00 per share over the past year, up 8.5% from the year before.
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 PLUS 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 PLUS on profitability, with a higher operating margin.
PLUS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $667.9M | +9.7% |
| Q2 2026 | $649.1M | +1.9% |
| Q1 2026 | $581.6M | +17% |
| Q4 2025 | $614.8M | +20% |
| Q3 2025 | $608.8M | +18% |
| Q2 2025 | $637.3M | +17% |
| Q1 2025 | $498.1M | -10% |
| Q4 2024 | $511M | +0.4% |
PLUS's revenue has grown year over year for six quarters in a row: $668M last quarter, up 9.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.5% | +0.4 points |
| Q2 2026 | 6% | +0.3 points |
| Q1 2026 | 6.5% | -0.5 points |
| Q4 2025 | 7.1% | +1.5 points |
| Q3 2025 | 8% | -0.3 points |
| Q2 2025 | 5.7% | -0.8 points |
| Q1 2025 | 7% | +1.7 points |
| Q4 2024 | 5.6% | -1.9 points |
PLUS's operating margin was 8.5% 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 stronger cash trend. Its trailing FCF is up 290% versus its history, compared with PLUS at down 16%.
PLUS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$59M | -$24.2M |
| Q2 2026 | $75.6M | +$174.6M |
| Q1 2026 | $103.8M | -36% |
| Q3 2025 | -$34.8M | -$13.1M |
| Q2 2025 | -$99M | -202% |
| Q1 2025 | $160.9M | +53% |
| Q4 2024 | $65.7M | -51% |
| Q3 2024 | -$21.6M | -169% |
PLUS usually generates cash, though not every quarter: the latest was −$59M, but it generated $86M 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 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.
PLUS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -151K shares |
| 1 year | -1.9% | -495K shares |
| 3 years | -2.9% | -768K shares |
| 5 years | -3.5% | -953K shares |
| Available history | -3.2% | -845K shares |
PLUS has the edge over NVDA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $13.1M |
| Q2 2026 | $25.5M |
| Q1 2026 | $6.3M |
| Q4 2025 | $17M |
| Q3 2025 | $4M |
| Q2 2025 | $3.3M |
| Q1 2025 | $13.5M |
| Q4 2024 | $9.9M |
PLUS spent $62M buying back its own shares over the past year, up 101% 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's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
PLUS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.9x | Net Cash |
| Q2 2026 | -2.3x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -1.7x | Net Cash |
| Q3 2025 | -2.3x | Net Cash |
| Q2 2025 | -2.8x | Net Cash |
| Q1 2025 | -2.1x | Net Cash |
| Q4 2024 | -1.4x | Net Cash |
PLUS 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).
PLUS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.4 | Neutral |
| Stochastic | 71.7 | Neutral |
PLUS's weekly RSI is 64 (neutral) and its Stochastic is 72 (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.
PLUS PE vs Technology Sector
| Metric | PLUS | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 28x | 30% below |
| PE % | 90 | 35 | 55 pts above |
PLUS 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.
PLUS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $93.6 | 3.8% above |
| 20 week MA | $90.9 | 6.9% above |
| 50 week MA | $86.6 | 12% above |
| 100 week MA | $78.9 | 23% above |
| 200 week MA | $74.6 | 30% above |
PLUS 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.
PLUS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $42.2 | $43.2 | +2.4% |
| 2021 | $43.2 | $52.5 | +22% |
| 2022 | $52.5 | $43.6 | -17% |
| 2023 | $43.6 | $79.8 | +83% |
| 2024 | $79.8 | $73.5 | -7.9% |
| 2025 | $73.5 | $90.0 | +22% |
| 2026 YTD | $90.0 | $97.1 | +7.9% |
PLUS has the edge over NVDA on returns for 2026, with the stronger performance.