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 2026-07-06.
Arista Networks, Inc. · Technology
$169.86
+22.0% upside to fair value
Grade B High Quality
VS
QUALCOMM Incorporated · Technology
$226.11
-10.7% upside to fair value
Grade D High Quality
QuantHub Verdict
ANET has more upside to fair value (+22.0%). QCOM trades at a lower forward P/E (24.3x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric ANET QCOM
Current Price $169.86 $226.11
Fair Value Estimate $207.23 $201.84
Upside to Fair Value +22.0% -10.7%
Market Cap $213.9B $238.3B
Forward P/E 56.5x 24.3x
EV / EBITDA 44.7x 17.5x
Price / Sales 21.7x 5.4x
Price / FCF 39.9x 19.1x
Revenue Growth YoY +35.1% -3.5%
Gross Margin 63.5% 54.8%
Operating Margin 42.8% 25.5%
Return on Equity 30.6% 40.2%
Dividend Yield 0% 0%
FCF Yield 2.51% 5.25%
Analyst Consensus Strong Buy Hold
Investment Thesis
ANET — Arista Networks, Inc.
Arista Networks is a leading provider of cloud and AI data-center switching solutions with a durable competitive moat driven by its strong presence among hyperscale cloud customers and AI networking providers. The company benefits from a seasoned management team led by founding CEO Jayshree V. Ullal, who has over 17 years at the helm and deep domain expertise. Arista's financials show robust grow…
QCOM — QUALCOMM Incorporated
Qualcomm Incorporated is a leading semiconductor and telecommunications equipment company specializing in cellular and RF technologies, with a strong competitive moat driven by its intellectual property and scale in premium Android and 5G modems. The company benefits from a long-tenured management team and a diversified business model expanding into automotive, IoT, and computing sectors. Despite…
Accumulation Zones
Metric ANET QCOM
Zone Low $155.42 $151.38
Zone High $176.15 $171.56
In Buy Zone? Yes No
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