Side by sideNVIDIA (NVDA) and Amazon (AMZN)Memos of October 16, 2026 and October 10, 2026
NVIDIA vs Amazon stock: the numbers side by side (October 2026)
How do NVIDIA and Amazon compare?
| NVIDIA NVDA | Amazon AMZN | |
|---|---|---|
| Revenue growth | 65.5%Jan 2026 | 12.4%Year to Dec 2025 |
| Operating margin | 60.4%Jan 2026 | 11.2%Year to Dec 2025 |
| Free cash flow | 96,676US$ millions · Jan 2026 | 7,695US$ millions · Year to Dec 2025 |
| Free cash flow yield | 1.9%Today (Oct 16, 2026) | -0.4%Today (Oct 8, 2026) |
| Dividend yield | 0.5%Today (Oct 16, 2026) | 0.0%Today (Oct 8, 2026) |
| P/E, last 12 months | 27.4xToday (Oct 16, 2026) | 20.4xToday (Oct 8, 2026) |
| P/E, next 12 months | 13.7xToday (Oct 16, 2026) | 23.9xToday (Oct 8, 2026) |
| Weighted price forecast, about 1 year | 284.31 (+32 %)October 2027 | 338.56 (+33 %)October 2027 |
| Weighted price forecast, about 3 years | 395.86 (+84 %)October 2029 | 424.16 (+67 %)October 2029 |
Who leads on what?
| Leads | The lead is | |
|---|---|---|
| Revenue growth | NVIDIA | The higher figure |
| Operating margin | NVIDIA | The higher figure |
| Free cash flow | NVIDIA | The higher figure |
| Free cash flow yield | NVIDIA | The higher figure |
| Dividend yield | NVIDIA | The higher figure |
| P/E, last 12 months | Amazon | The lower figure |
| P/E, next 12 months | NVIDIA | The lower figure |
| Weighted price forecast, about 1 year | Amazon | The higher weighted return |
| Weighted price forecast, about 3 years | NVIDIA | The higher weighted return |
What does each company do?
NVIDIA sells connected computing platforms—GPUs, networking, systems and software—to cloud providers, server makers and businesses.
NVIDIA (NVDA), from our memo of October 16, 2026 · NVIDIA stock forecast
Amazon sells goods directly, connects independent merchants with shoppers, sells advertising and subscriptions, and rents computing capacity through AWS, Amazon Web Services.
Amazon (AMZN), from our memo of October 10, 2026 · Amazon stock forecast