NVIDIA (NVDA) Competitors

$903.99
+5.21 (+0.58%)
(As of 05/13/2024 ET)

NVDA vs. AVGO, TSM, GOOG, GOOGL, AAPL, MSFT, META, QCOM, TXN, and MU

Should you be buying NVIDIA stock or one of its competitors? The main competitors of NVIDIA include Broadcom (AVGO), Taiwan Semiconductor Manufacturing (TSM), Alphabet (GOOG), Alphabet (GOOGL), Apple (AAPL), Microsoft (MSFT), Meta Platforms (META), QUALCOMM (QCOM), Texas Instruments (TXN), and Micron Technology (MU). These companies are all part of the "computer and technology" sector.

NVIDIA vs.

NVIDIA (NASDAQ:NVDA) and Broadcom (NASDAQ:AVGO) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, dividends, community ranking, institutional ownership, profitability, valuation, analyst recommendations and media sentiment.

NVIDIA has a beta of 1.75, indicating that its share price is 75% more volatile than the S&P 500. Comparatively, Broadcom has a beta of 1.25, indicating that its share price is 25% more volatile than the S&P 500.

NVIDIA pays an annual dividend of $0.16 per share and has a dividend yield of 0.0%. Broadcom pays an annual dividend of $21.00 per share and has a dividend yield of 1.6%. NVIDIA pays out 1.3% of its earnings in the form of a dividend. Broadcom pays out 77.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

In the previous week, NVIDIA had 77 more articles in the media than Broadcom. MarketBeat recorded 109 mentions for NVIDIA and 32 mentions for Broadcom. Broadcom's average media sentiment score of 0.78 beat NVIDIA's score of 0.55 indicating that Broadcom is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NVIDIA
56 Very Positive mention(s)
9 Positive mention(s)
25 Neutral mention(s)
14 Negative mention(s)
1 Very Negative mention(s)
Positive
Broadcom
17 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

65.3% of NVIDIA shares are owned by institutional investors. Comparatively, 76.4% of Broadcom shares are owned by institutional investors. 4.0% of NVIDIA shares are owned by insiders. Comparatively, 2.0% of Broadcom shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

NVIDIA currently has a consensus target price of $962.05, suggesting a potential upside of 6.42%. Broadcom has a consensus target price of $1,296.91, suggesting a potential downside of 3.04%. Given NVIDIA's stronger consensus rating and higher probable upside, equities analysts plainly believe NVIDIA is more favorable than Broadcom.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NVIDIA
0 Sell rating(s)
3 Hold rating(s)
38 Buy rating(s)
1 Strong Buy rating(s)
2.95
Broadcom
0 Sell rating(s)
2 Hold rating(s)
21 Buy rating(s)
0 Strong Buy rating(s)
2.91

NVIDIA received 278 more outperform votes than Broadcom when rated by MarketBeat users. However, 82.63% of users gave Broadcom an outperform vote while only 68.83% of users gave NVIDIA an outperform vote.

CompanyUnderperformOutperform
NVIDIAOutperform Votes
2723
68.83%
Underperform Votes
1233
31.17%
BroadcomOutperform Votes
2445
82.63%
Underperform Votes
514
17.37%

NVIDIA has higher revenue and earnings than Broadcom. Broadcom is trading at a lower price-to-earnings ratio than NVIDIA, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NVIDIA$60.92B37.10$29.76B$11.9475.71
Broadcom$35.82B17.30$14.08B$26.9849.57

NVIDIA has a net margin of 48.85% compared to Broadcom's net margin of 29.93%. NVIDIA's return on equity of 93.61% beat Broadcom's return on equity.

Company Net Margins Return on Equity Return on Assets
NVIDIA48.85% 93.61% 56.13%
Broadcom 29.93%47.71%16.75%

Summary

NVIDIA beats Broadcom on 16 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NVDA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NVDA vs. The Competition

MetricNVIDIASemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$2.26T$45.49B$19.67B$7.80B
Dividend Yield0.02%2.13%2.73%3.93%
P/E Ratio75.7119.15232.4916.30
Price / Sales37.1013.62529.8176.27
Price / Cash72.4424.1728.5128.46
Price / Book52.595.877.064.42
Net Income$29.76B$906.26M$625.18M$216.08M
7 Day Performance-1.89%-1.73%0.16%0.13%
1 Month Performance2.51%-0.84%1.22%1.48%
1 Year Performance218.98%22.37%31.54%11.46%

NVIDIA Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AVGO
Broadcom
4.9108 of 5 stars
$1,303.11
-0.5%
$1,285.41
-1.4%
+111.9%$603.89B$35.82B48.3020,000Analyst Forecast
Short Interest ↓
TSM
Taiwan Semiconductor Manufacturing
2.451 of 5 stars
$141.09
-1.2%
$157.00
+11.3%
+75.5%$731.75B$69.30B26.8776,478
GOOG
Alphabet
3.5704 of 5 stars
$172.98
+1.9%
$165.67
-4.2%
+44.9%$2.14T$307.39B26.53182,502Insider Selling
Gap Down
GOOGL
Alphabet
4.2404 of 5 stars
$171.25
+1.9%
$190.60
+11.3%
+43.9%$2.12T$307.39B26.27182,502Insider Selling
Short Interest ↓
Gap Down
AAPL
Apple
4.7468 of 5 stars
$182.40
+0.4%
$204.11
+11.9%
+7.9%$2.81T$381.62B28.37161,000Ex-Dividend
Analyst Forecast
Short Interest ↓
MSFT
Microsoft
4.8375 of 5 stars
$409.34
-1.0%
$452.61
+10.6%
+33.9%$3.04T$211.92B35.44221,000
META
Meta Platforms
3.8398 of 5 stars
$468.24
+0.5%
$509.80
+8.9%
+100.2%$1.19T$134.90B26.8967,317
QCOM
QUALCOMM
4.76 of 5 stars
$180.15
-0.9%
$179.36
-0.4%
+77.8%$201.05B$35.82B24.2150,000Insider Selling
TXN
Texas Instruments
4.6709 of 5 stars
$182.67
+0.6%
$180.74
-1.1%
+16.0%$166.32B$17.52B28.5034,000Analyst Downgrade
Analyst Revision
MU
Micron Technology
3.9193 of 5 stars
$119.21
-0.8%
$123.60
+3.7%
+101.9%$131.61B$15.54B-34.5543,000Analyst Forecast
Insider Selling

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This page (NASDAQ:NVDA) was last updated on 5/14/2024 by MarketBeat.com Staff

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