NVDA
NVIDIA Corporation
NVDA has the edge over VSAT overall, supported by stronger valuation and stronger modeled upside.
VSAT
Viasat, Inc.
VSAT 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.
VSAT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Under pressure |
VSAT's cash flow is currently strong, and its revenue and profitability are stable, but its balance sheet 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.
VSAT PE Valuation
VSAT 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 |
NVDA has the edge over VSAT on the outlook, with more favorable earnings and revenue expectations.
VSAT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Stable | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect VSAT's losses to grow, with revenue holding steady. However, they disagree widely on these estimates.
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 VSAT on earnings quality, reporting a profit while its opponent remains loss making.
VSAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.68 | +$3.35 |
| Q2 2026 | -$0.20 | +$4.45 |
| Q1 2026 | -$0.25 | +$4.23 |
| Q4 2025 | -$2.62 | +$1.08 |
| Q3 2025 | -$4.03 | -$0.57 |
| Q2 2025 | -$4.65 | +$3.90 |
| Q1 2025 | -$4.48 | +$4.64 |
| Q4 2024 | -$3.70 | -147% |
VSAT is still losing money, but far less than before: $0.68 per share over the past year, against $9.12 at its worst 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 VSAT 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 VSAT on profitability, with a higher operating margin.
VSAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +3.4% |
| Q2 2026 | $1.2B | -1.2% |
| Q1 2026 | $1.2B | +2.1% |
| Q4 2025 | $1.2B | +3% |
| Q3 2025 | $1.1B | +1.7% |
| Q2 2025 | $1.2B | +4% |
| Q1 2025 | $1.1B | -0.3% |
| Q4 2024 | $1.1B | -0.4% |
VSAT's revenue grew through 2024 and has held roughly level since: $1.2B last quarter, up 3.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.6% | -2.5 points |
| Q2 2026 | 4.1% | +0.1 points |
| Q1 2026 | -0.1% | +13 points |
| Q4 2025 | 2.3% | +0.4 points |
| Q3 2025 | 3.1% | +5.3 points |
| Q2 2025 | 4% | -1.3 points |
| Q1 2025 | -13% | -13 points |
| Q4 2024 | 1.9% | +5.8 points |
VSAT's operating margin was 0.6% last quarter, down 2.5 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's free cash flow has been positive every quarter for six years: $127B over the past year, up 76% from the year before.
VSAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $285M | +1% |
| Q2 2026 | $260.6M | +0.8% |
| Q1 2026 | $322.3M | +8% |
| Q4 2025 | $726.9M | +231% |
| Q3 2025 | $282.2M | +18% |
| Q2 2025 | $258.5M | +71% |
| Q1 2025 | $298.4M | +29% |
| Q4 2024 | $219.5M | +64% |
VSAT generated $1.6B in free cash flow over the past year, up 51% 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 VSAT 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.
VSAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.1% | +1.5M shares |
| 1 year | +2.6% | +3.5M shares |
| 3 years | +11% | +14.1M shares |
| 5 years | +85% | +63.8M shares |
| Available history | +120% | +75.7M shares |
VSAT has 139M diluted shares, up 2.6% from a year ago.
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 VSAT on leverage, with a lower net debt burden relative to earnings.
VSAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.3x | Elevated |
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 3.2x | Elevated |
| Q4 2025 | 3.8x | Elevated |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 4.3x | High |
| Q1 2025 | 4.3x | High |
| Q4 2024 | 3.9x | Elevated |
VSAT's net debt is about 3.3 years of its operating earnings (EBITDA), down from 4.1 years 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).
VSAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.1 | Neutral |
| Stochastic | 43.0 | Neutral |
VSAT's weekly RSI is 52 (neutral) and its Stochastic is 43 (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.
VSAT PE vs Technology Sector
| Metric | VSAT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
VSAT 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.
VSAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $68.7 | 3.7% above |
| 20 week MA | $72.9 | 2.3% below |
| 50 week MA | $60.7 | 17% above |
| 100 week MA | $39.4 | 81% above |
| 200 week MA | $31.3 | 128% above |
VSAT 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.
VSAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $73.0 | $33.4 | -54% |
| 2021 | $33.4 | $45.5 | +36% |
| 2022 | $45.5 | $31.7 | -30% |
| 2023 | $31.7 | $28.0 | -12% |
| 2024 | $28.0 | $8.94 | -68% |
| 2025 | $8.94 | $34.8 | +289% |
| 2026 YTD | $34.8 | $71.2 | +105% |
VSAT has the edge over NVDA on returns for 2026, with the stronger performance.