ANET vs QCOM: Which Is the Better Buy?
Side-by-side comparison of Arista Networks, Inc. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-26.
Arista Networks, Inc. · Technology
$203.47
+15.4% upside to fair value
Med Conviction
Grade C
High Quality
VS
QUALCOMM Incorporated · Technology
$201.97
-21.1% upside to fair value
Med Conviction
Grade D
High Quality
QuantHub Verdict
ANET has more upside to fair value
(+15.4%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
ANET |
QCOM |
| Current Price |
$203.47 |
$201.97 |
| Fair Value Estimate |
$234.80 |
$159.42 |
| Upside to Fair Value |
+15.4%
|
-21.1%
|
| Market Cap |
$256.2B |
$212.1B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
49.7x
|
16.5x
|
| Price / Sales |
24.3x
|
4.8x
|
| Price / FCF |
49.7x
|
20.5x
|
| Revenue Growth YoY |
+37.7%
|
-4.0%
|
| Gross Margin |
63.0%
|
54.2%
|
| Operating Margin |
43.1%
|
23.2%
|
| Return on Equity |
30.8%
|
37.3%
|
| Dividend Yield |
0% |
1.79% |
| FCF Yield |
2.01%
|
4.88%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Arista Networks designs and sells high-performance Ethernet switching and routing hardware plus its extensible EOS network operating system, and it sits directly in the path of the AI data-center build-out where networking, not compute, is increasingly the bottleneck. The business quality is genuinely high: TTM gross margin of 63.0%, TTM operating margin of 43.1%, TTM net margin of 38.4%, and ROE…
Qualcomm develops foundational wireless technologies and monetizes them through two main engines: QCT, which supplies Snapdragon application processors and modems, and QTL, which licenses a standards-essential patent portfolio covering CDMA2000, WCDMA, LTE and 5G. The licensing arm and the company's entrenched position in premium Android handsets give it a genuinely high-quality business, evidenc…
Accumulation Zones
| Metric |
ANET |
QCOM |
| Zone Low |
$176.10 |
$119.56 |
| Zone High |
$199.58 |
$135.51 |
| In Buy Zone? |
No
|
No
|