NVDA
NVIDIA Corporation
NVDA has the edge over VERX overall, supported by stronger valuation and stronger modeled upside.
VERX
Vertex, Inc.
VERX'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.
VERX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Healthy | |
| Stable |
VERX's revenue and cash flow are currently healthy, and its balance sheet is stable, but its profitability is 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.
VERX PE Valuation
VERX 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.
VERX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
VERX 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 VERX on earnings quality, reporting a profit while its opponent remains loss making.
VERX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.99 | — |
| Q3 2026 | -$0.28 | +$0.06 |
| Q2 2026 | $0.03 | +$0.35 |
| Q1 2026 | -$0.04 | +$0.24 |
| Q4 2025 | $0.05 | +$0.38 |
| Q3 2025 | -$0.34 | -270% |
| Q2 2025 | -$0.32 | -346% |
| Q1 2025 | -$0.28 | -660% |
| Q4 2024 | -$0.33 | -$0.24 |
VERX is still losing money, but far less than before: $0.28 per share over the past year, against $0.57 at its worst in late 2020.
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 VERX 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 VERX on profitability, with a higher operating margin.
VERX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $213.3M | +11% |
| Q2 2026 | $204M | +11% |
| Q1 2026 | $196.6M | +11% |
| Q4 2025 | $194.7M | +9.1% |
| Q3 2025 | $192.1M | +13% |
| Q2 2025 | $184.6M | +15% |
| Q1 2025 | $177.1M | +13% |
| Q4 2024 | $178.5M | +15% |
VERX's revenue has grown year over year every quarter since late 2020: $213M last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.1% | -2.1 points |
| Q2 2026 | -2.2% | -0.1 points |
| Q1 2026 | -1.5% | -4 points |
| Q4 2025 | 0.8% | +8.2 points |
| Q3 2025 | 2.3% | -0.6 points |
| Q2 2025 | -2.1% | -6.8 points |
| Q1 2025 | 2.5% | +3.5 points |
| Q4 2024 | -7.3% | -5.7 points |
VERX's operating margin was 0.1% last quarter, down 2.1 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 VERX on cash flow, with more consistent year-over-year improvement.
VERX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $53.2M | +76% |
| Q2 2026 | $10.6M | -46% |
| Q1 2026 | $7.7M | +$19.9M |
| Q4 2025 | $10.1M | -44% |
| Q3 2025 | $30.2M | +64% |
| Q2 2025 | $19.6M | -47% |
| Q1 2025 | -$12.3M | -372% |
| Q4 2024 | $17.9M | -38% |
VERX generated $82M in free cash flow over the past year, up 47% 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 VERX 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.
VERX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +876K shares |
| 1 year | +0.1% | +96.8K shares |
| 3 years | +6.7% | +10.2M shares |
| 5 years | +9.5% | +14.1M shares |
| Available history | +25% | +32.6M shares |
VERX has 162M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $27.1M |
| Q2 2026 | $26.6M |
| Q1 2026 | $20M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
VERX spent $74M buying back its own shares over the past year, after none 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 VERX on leverage, with a lower net debt burden relative to earnings.
VERX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.3x | Moderate |
| Q2 2026 | 2.3x | Moderate |
| Q1 2026 | 1.0x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 0.5x | Very low |
VERX's net debt is about 2.3 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).
VERX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.5 | Neutral |
| Stochastic | 89.0 | Overbought |
VERX's weekly RSI is 66 (neutral) and its Stochastic is 89 (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 VERX on valuation relative to its sector.
VERX PE vs Technology Sector
| Metric | VERX | Sector median | Relative |
|---|---|---|---|
| PE | 501x | 28x | 1,697% above |
| PE % | 74 | 37 | 37 pts above |
VERX 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.
VERX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $14.4 | 23% above |
| 20 week MA | $13.4 | 32% above |
| 50 week MA | $14.3 | 24% above |
| 100 week MA | $24.8 | 28% below |
| 200 week MA | $26.6 | 33% below |
VERX 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.
VERX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $23.6 | $34.1 | +45% |
| 2021 | $34.1 | $17.1 | -50% |
| 2022 | $17.1 | $14.8 | -13% |
| 2023 | $14.8 | $26.9 | +82% |
| 2024 | $26.9 | $52.7 | +96% |
| 2025 | $52.7 | $20.3 | -61% |
| 2026 YTD | $20.3 | $17.8 | -13% |
VERX has the edge over NVDA on returns for 2026, with the stronger performance.