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 2026-04-22.
Arista Networks, Inc. · Technology
$172.86
+82.8% upside to fair value
Grade C
High Quality
VS
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
ANET has more upside to fair value
(+82.8%).
QCOM trades at a lower forward P/E
(26.8x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
ANET |
QCOM |
| Current Price |
$172.86 |
$134.47 |
| Fair Value Estimate |
$316.03 |
$239.00 |
| Upside to Fair Value |
+82.8%
|
+77.7%
|
| Market Cap |
$217.7B |
$143.6B |
| Forward P/E |
61.9x
|
26.8x
|
| EV / EBITDA |
54.9x
|
—
|
| Price / Sales |
24.2x
|
3.2x
|
| Price / FCF |
51.2x
|
11.1x
|
| Revenue Growth YoY |
+28.9%
|
+8.7%
|
| Gross Margin |
64.1%
|
55.1%
|
| Operating Margin |
42.8%
|
27.1%
|
| Return on Equity |
31.0%
|
21.6%
|
| Dividend Yield |
0% |
— |
| FCF Yield |
1.95%
|
9.0%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Arista Networks is a leading provider of high-speed data center networking hardware and software, specializing in Ethernet switches and cloud networking solutions. The company benefits from strong revenue growth driven by AI and hyperscale cloud demand, with 28.9% revenue growth and 19.3% earnings growth in the most recent quarter. High margins, including a 64.1% gross margin and 42.8% operating …
Qualcomm Incorporated is a leading semiconductor company specializing in wireless chipsets and IP licensing, with dominant positions in 5G modems via QCT (87% of revenue) and steady QTL royalties. The business excels through a vast patent moat, diversification into automotive and IoT, and robust growth (revenue +13% YoY to $44B in FY2025), but faces risks from Apple modem shifts and China exposur…
Accumulation Zones
| Metric |
ANET |
QCOM |
| Zone Low |
$237.02 |
$179.00 |
| Zone High |
$268.63 |
$203.00 |
| In Buy Zone? |
Yes
|
Yes
|