JPM vs QCOM: Which Is the Better Buy?
Side-by-side comparison of JPMorgan Chase & Co. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-20.
JPMorgan Chase & Co. · Financial Services
$316.99
+45.0% upside to fair value
Grade C
High Quality
VS
QUALCOMM Incorporated · Technology
$134.47
+45.0% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
JPM trades at a lower forward P/E
(15.0x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
JPM |
QCOM |
| Current Price |
$316.99 |
$134.47 |
| Fair Value Estimate |
$459.64 |
$194.98 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$854.9B |
$143.6B |
| Forward P/E |
15.0x
|
26.8x
|
| EV / EBITDA |
21.8x
|
—
|
| Price / Sales |
3.0x
|
3.2x
|
| Price / FCF |
8.5x
|
11.1x
|
| Revenue Growth YoY |
+6.9%
|
+8.7%
|
| Gross Margin |
60.9%
|
55.1%
|
| Operating Margin |
26.2%
|
27.1%
|
| Return on Equity |
16.3%
|
21.6%
|
| Dividend Yield |
0% |
— |
| FCF Yield |
11.79%
|
9.0%
|
| Analyst Consensus |
Buy
|
Hold
|
Investment Thesis
JPMorgan Chase & Co. is a leading diversified financial services firm with a strong competitive moat driven by its scale, diversified revenue streams, and long-tenured leadership. The company operates across four main segments: Commercial & Investment Bank, Consumer & Community Banking, Asset & Wealth Management, and Corporate, generating $279.75 billion in revenue in fiscal 2025. Its durable com…
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 |
JPM |
QCOM |
| Zone Low |
$344.73 |
$146.23 |
| Zone High |
$390.69 |
$165.73 |
| In Buy Zone? |
Yes
|
Yes
|