NVDA
NVIDIA Corporation
NVDA has the edge over SYNA overall, supported by stronger valuation and stronger modeled upside.
SYNA
Synaptics Incorporated
SYNA trails on the overall score without a compensating advantage in the available component scores.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
SYNA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Stable | |
| Weak |
SYNA's revenue and cash flow are currently stable, but its profitability and balance sheet are under pressure.
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.
SYNA PE Valuation
SYNA has no meaningful PE right now: it lost money over the past year.
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.
SYNA Forward outlook
There aren't enough analyst estimates for SYNA to show an outlook.
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 SYNA on earnings quality, reporting a profit while its opponent remains loss making.
SYNA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$12.54 | -$11.37 |
| Q2 2026 | -$12.62 | -$11.40 |
| Q1 2024 | -$2.69 | -161% |
| Q4 2023 | -$1.97 | -134% |
| Q3 2023 | -$1.19 | -117% |
| Q2 2023 | $1.83 | -71% |
| Q1 2023 | $4.44 | -6.3% |
| Q4 2022 | $5.77 | +65% |
SYNA lost $12.54 per share over the past year, a bigger loss than 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 SYNA 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 SYNA on profitability, with a higher operating margin.
SYNA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $294M | +0.5% |
| Q2 2026 | $308M | +8.9% |
| Q1 2026 | $294.2M | +10% |
| Q4 2025 | $302.5M | +13% |
| Q3 2025 | $292.5M | +14% |
| Q2 2025 | $282.8M | +14% |
| Q1 2025 | $266.6M | +12% |
| Q4 2024 | $267.2M | +13% |
SYNA's revenue has grown year over year for 10 quarters in a row: $294M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -4.3% | +3.6 points |
| Q2 2026 | -5.2% | +3.3 points |
| Q1 2026 | -4.3% | +5.5 points |
| Q4 2025 | -5% | +0.7 points |
| Q3 2025 | -7.9% | +3.1 points |
| Q2 2025 | -8.6% | +4 points |
| Q1 2025 | -9.9% | -2.5 points |
| Q4 2024 | -5.7% | +1.9 points |
SYNA's operating margin was −4.3% last quarter, up 3.6 points from 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 SYNA on cash flow, with more consistent year-over-year improvement.
SYNA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$18.6M | -203% |
| Q2 2026 | $55.3M | +9.3% |
| Q1 2026 | $9.9M | -85% |
| Q4 2025 | $18.2M | +0.6% |
| Q3 2025 | $18M | +$38.5M |
| Q2 2025 | $50.6M | -12% |
| Q1 2025 | $68M | +$90.7M |
| Q4 2024 | $18.1M | -37% |
SYNA usually generates cash, though not every quarter: the latest was −$19M, but it generated $65M 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 SYNA 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.
SYNA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.3% | +500K shares |
| 1 year | +1.5% | +600K shares |
| 3 years | -3.2% | -1.3M shares |
| 5 years | +15% | +5M shares |
SYNA has 39M diluted shares, up 1.5% from a year ago, despite $86M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $10.1M |
| Q1 2026 | $39M |
| Q4 2025 | $36.4M |
| Q3 2025 | $7.2M |
| Q2 2025 | $16M |
| Q1 2025 | $37.8M |
| Q2 2024 | — |
SYNA spent $86M 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 has the edge over SYNA on leverage, with a lower net debt burden relative to earnings.
SYNA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 8.7x | High |
| Q2 2026 | 6.7x | High |
| Q3 2023 | 4.7x | High |
| Q2 2023 | 0.3x | Very low |
| Q1 2023 | 0.2x | Very low |
| Q4 2022 | 0.4x | Very low |
| Q3 2022 | 0.3x | Very low |
| Q2 2022 | 0.4x | Very low |
SYNA's net debt is about 8.7 years of its operating earnings (EBITDA), up from less than a year a year ago.
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).
SYNA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 56.4 | Neutral |
| Stochastic | 86.8 | Overbought |
SYNA's weekly RSI is 56 (neutral) 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 is trading at 21x earnings, a 25% discount to the Technology sector's median of 28x.
SYNA PE vs Technology Sector
| Metric | SYNA | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
SYNA has no meaningful PE right now: it lost money over the past year.
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.
SYNA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $116.3 | 1.4% above |
| 20 week MA | $110.6 | 6.7% above |
| 50 week MA | $100.8 | 17% above |
| 100 week MA | $83.8 | 41% above |
| 200 week MA | $88.2 | 34% above |
SYNA 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.
SYNA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $66.9 | $86.2 | +29% |
| 2021 | $86.2 | $278.3 | +223% |
| 2022 | $278.3 | $94.2 | -66% |
| 2023 | $94.2 | $114.1 | +21% |
| 2024 | $114.1 | $77.2 | -32% |
| 2025 | $77.2 | $73.5 | -4.9% |
| 2026 YTD | $73.5 | $118.0 | +61% |
SYNA has the edge over NVDA on returns for 2026, with the stronger performance.