Is NVIDIA Stock Outperforming Its Rivals?
With NVIDIA surging 11% in a Week, it makes sense to re-evaluate vs its peers. Consistently assessing alternatives is core to a sound investment approach. Here is how NVIDIA (NVDA) stock stacks up against its peers in size, valuation, growth and margin.
- NVDA has the highest operating margin among peers at 58.1%.
- NVDA’s revenue growth of 71.6% in the last 12 months is strong, outpacing AMD, MU, STX, WDC, AMBA.
- NVDA’s stock gained 43.1% over the past year and trades at a PE of 56.6, though peers like AMD, MU, STX, WDC, AMBA delivered stronger returns.
As a quick background, NVIDIA provides graphics, compute, and networking solutions for gaming, professional visualization, datacenter, and automotive markets globally, with a strategic collaboration with Kroger Co.
A single stock can be risky, but there is a huge value to a broader, diversified approach. Quiz time: Over the last 5 years, which index do you think the Trefis High Quality Portfolio outperformed — the S&P 500, the S&P 1500 Equal Weighted, or both? The answer might surprise you. See how our advisory framework helps stack the odds in your favor.
| NVDA | AMD | MU | STX | WDC | AMBA | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 4,898.3 | 418.8 | 249.0 | 47.9 | 43.7 | 3.7 |
| Revenue ($ Bil) | 165.2 | 29.6 | 37.4 | 9.1 | 13.3 | 0.3 |
| PE Ratio | 56.6 | 147.8 | 29.2 | 32.6 | 23.4 | -41.4 |
| LTM Revenue Growth | 71.6% | 27.2% | 48.9% | 38.9% | 39.2% | 57.9% |
| LTM Operating Margin | 58.1% | 8.3% | 26.2% | 21.1% | 21.1% | -28.4% |
| LTM FCF Margin | 43.6% | 13.7% | 4.5% | 9.0% | 9.6% | 10.6% |
| 12M Market Return | 43.1% | 61.3% | 109.5% | 125.4% | 140.4% | 45.5% |
Why does this matter? NVDA just went up 11% in a week – peer comparison puts stock performance, valuation, and financials in context – highlighting whether it is truly outperforming, lagging behind, and above all – can this continue? Read Buy or Sell NVDA Stock to see if NVIDIA holds up as a quality investment. Furthermore, there is always a risk of fall after a strong rally – see how the stock has dipped and recovered in the past through NVDA Dip Buyer Analysis lens.
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| NVDA | 71.6% | 114.2% | 125.9% | 0.2% | |
| AMD | 27.2% | – | 13.7% | -3.9% | 43.6% |
| MU | 48.9% | 48.9% | 61.6% | -49.5% | |
| STX | 38.9% | 38.9% | -11.3% | -36.7% | |
| WDC | 39.2% | 50.7% | 1.0% | -66.7% | |
| AMBA | 57.9% | 25.8% | -32.9% | 1.7% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| NVDA | 58.1% | 62.4% | 54.1% | 20.7% | |
| AMD | 8.3% | – | 8.1% | 1.8% | 5.4% |
| MU | 26.2% | 26.2% | 5.2% | -34.8% | |
| STX | 21.1% | 21.1% | 6.4% | 0.8% | |
| WDC | 21.1% | 22.4% | 1.5% | -6.4% | |
| AMBA | -28.4% | -44.4% | -68.2% | -22.0% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| NVDA | 56.6 | 45.2 | 41.1 | 83.2 | |
| AMD | 147.8 | – | 119.2 | 278.6 | 76.6 |
| MU | 29.2 | 11.0 | 121.2 | -9.4 | |
| STX | 32.6 | 12.5 | 53.3 | -20.6 | |
| WDC | 23.4 | 11.1 | -21.4 | -6.0 | |
| AMBA | -41.4 | -25.7 | -14.4 | -48.2 |
While peer comparison is critical, the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.