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 2026-04-16.
JPMorgan Chase & Co. · Financial Services
$309.87
-6.4% upside to fair value
High Conviction
Grade A-
VS
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
QCOM has more upside to fair value
(+77.7%).
JPM trades at a lower forward P/E
(14.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
JPM |
QCOM |
| Current Price |
$309.87 |
$134.47 |
| Fair Value Estimate |
$290.00 |
$239.00 |
| Upside to Fair Value |
-6.4%
|
+77.7%
|
| Market Cap |
$835.7B |
$143.6B |
| Forward P/E |
14.3x
|
26.8x
|
| EV / EBITDA |
17.6x
|
—
|
| Price / Sales |
3.0x
|
3.2x
|
| Price / FCF |
—
|
11.1x
|
| Revenue Growth YoY |
+3.3%
|
+8.7%
|
| Gross Margin |
59.99%
|
55.1%
|
| Operating Margin |
25.9%
|
27.1%
|
| Return on Equity |
15.95%
|
21.6%
|
| Dividend Yield |
1.9% |
— |
| FCF Yield |
—
|
9.0%
|
| Analyst Consensus |
Overweight
|
Hold
|
Investment Thesis
JPMorgan Chase is the largest U.S. bank by assets ($4.4T) and the most diversified financial services franchise globally, operating across consumer banking, investment banking, commercial banking, and asset management. Under Jamie Dimon's two-decade leadership, the firm has consistently gained market share, delivered sector-leading ROE of 16%, and invested aggressively in technology ($17B+ annual…
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 |
$220.00 |
$179.00 |
| Zone High |
$250.00 |
$203.00 |
| In Buy Zone? |
No
|
Yes
|