NVDA
NVIDIA Corporation
NVDA has the edge over RMBS overall, supported by stronger valuation and stronger fundamentals.
RMBS
Rambus Inc.
RMBS'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.
RMBS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RMBS'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 RMBS in the historical PE scenario, which offers more potential upside but is not a forecast.
RMBS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 22x | $52.39 | -38% |
| Forward | 23x | $84.97 | — |
| Current | 35x | $84.97 | — |
| Fair | 36x | $86.46 | +1.8% |
| Expensive | 119x | $288 | +239% |
Historical ranges are pointers, not guarantees.
RMBS's PE is in its fair range at 35x. If earnings grow as analysts expect, today's price would be 23x next year's earnings, in its cheap 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.
RMBS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
RMBS 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 RMBS on earnings, with more consistent year-over-year improvement.
RMBS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.74 | +54% |
| Q3 2026 | $2.43 | +16% |
| Q2 2026 | $2.18 | +3.3% |
| Q1 2026 | $2.10 | +9.9% |
| Q4 2025 | $2.11 | +28% |
| Q3 2025 | $2.10 | +30% |
| Q2 2025 | $2.11 | +0.5% |
| Q1 2025 | $1.91 | -42% |
| Q4 2024 | $1.65 | -45% |
RMBS's earnings per share have fallen from their peak: $2.43 over the past year, against $3.28 in early 2024.
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 RMBS 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 RMBS on profitability, with a higher operating margin.
RMBS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $218.3M | +22% |
| Q2 2026 | $207.4M | +20% |
| Q1 2026 | $180.2M | +8.1% |
| Q4 2025 | $190.2M | +18% |
| Q3 2025 | $178.5M | +23% |
| Q2 2025 | $172.2M | +30% |
| Q1 2025 | $166.7M | +41% |
| Q4 2024 | $161.1M | +32% |
RMBS's revenue has grown year over year for 11 quarters in a row: $218M last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 38% | +2.9 points |
| Q2 2026 | 35% | -1.5 points |
| Q1 2026 | 34% | -3.6 points |
| Q4 2025 | 37% | +1.3 points |
| Q3 2025 | 35% | -2.2 points |
| Q2 2025 | 37% | +6.1 points |
| Q1 2025 | 38% | +12 points |
| Q4 2024 | 36% | +7.2 points |
RMBS's operating margin was 38% last quarter, up 2.9 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 RMBS on cash flow, with more consistent year-over-year improvement.
RMBS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $95.9M | +16% |
| Q2 2026 | $52.2M | -41% |
| Q1 2026 | $71.6M | +2.9% |
| Q4 2025 | $93.3M | +78% |
| Q3 2025 | $82.5M | +58% |
| Q2 2025 | $87.9M | +49% |
| Q1 2025 | $69.5M | +93% |
| Q4 2024 | $52.5M | -2.9% |
RMBS's free cash flow has been positive every quarter for seven years: $313M over the past year, up 7% 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 the edge over RMBS 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.
RMBS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -1.2M shares |
| 1 year | -0.5% | -516K shares |
| 3 years | -1.8% | -2M shares |
| 5 years | -4.3% | -4.9M shares |
| Available history | -2.8% | -3.1M shares |
RMBS has 109M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $135.4M |
| Q2 2026 | $387,000 |
| Q1 2026 | $2.6M |
| Q4 2025 | $1.3M |
| Q3 2025 | — |
| Q2 2025 | $3.7M |
| Q1 2025 | $2.2M |
| Q4 2024 | — |
RMBS spent $140M buying back its own shares over the past year, more than ten times what it spent 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.
RMBS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.5x | Net Cash |
| Q4 2025 | -0.7x | Net Cash |
| Q3 2025 | -0.3x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
RMBS 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).
RMBS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.4 | Neutral |
| Stochastic | 20.9 | Neutral |
RMBS's weekly RSI is 43 (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 has the edge over RMBS on valuation relative to its sector.
RMBS PE vs Technology Sector
| Metric | RMBS | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 28x | 26% above |
| PE % | 48 | 35 | 13 pts above |
RMBS is trading at 35x earnings, a 26% 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.
RMBS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $92.7 | 8.3% below |
| 20 week MA | $94.7 | 10% below |
| 50 week MA | $105.6 | 20% below |
| 100 week MA | $87.2 | 2.5% below |
| 200 week MA | $71.2 | 19% above |
RMBS has fallen below most of its moving averages, though it's still 19% above its 200-week average.
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.
RMBS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $13.8 | $17.5 | +27% |
| 2021 | $17.5 | $29.0 | +65% |
| 2022 | $29.0 | $36.0 | +24% |
| 2023 | $36.0 | $68.3 | +90% |
| 2024 | $68.3 | $54.2 | -21% |
| 2025 | $54.2 | $94.1 | +74% |
| 2026 YTD | $94.1 | $85.0 | -9.7% |
RMBS has the edge over NVDA on returns for 2026, with the stronger performance.