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 2026-09-26.
JPMorgan Chase & Co. · Financial Services
$350.13
+26.9% upside to fair value
Med Conviction
Grade A-
High Quality
VS
QUALCOMM Incorporated · Technology
$201.97
-21.1% upside to fair value
Med Conviction
Grade D
High Quality
QuantHub Verdict
JPM has more upside to fair value
(+26.9%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
JPM |
QCOM |
| Current Price |
$350.13 |
$201.97 |
| Fair Value Estimate |
$444.48 |
$159.42 |
| Upside to Fair Value |
+26.9%
|
-21.1%
|
| Market Cap |
$938.2B |
$212.1B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
20.0x
|
16.5x
|
| Price / Sales |
3.1x
|
4.8x
|
| Price / FCF |
—
|
20.5x
|
| Revenue Growth YoY |
+17.9%
|
-4.0%
|
| Gross Margin |
62.6%
|
54.2%
|
| Operating Margin |
28.2%
|
23.2%
|
| Return on Equity |
17.8%
|
37.3%
|
| Dividend Yield |
1.71% |
1.79% |
| FCF Yield |
—
|
4.88%
|
| Analyst Consensus |
Buy
|
Hold
|
Investment Thesis
JPMorgan Chase is a diversified global bank spanning consumer banking, cards, payments, commercial banking, investment banking, markets, treasury services, and asset and wealth management, with an unusually high-quality franchise supported by funding scale, distribution, leading market positions and cross-selling across 86.6 million U.S. consumers and more than 90% of Fortune 500 companies. Busin…
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 |
JPM |
QCOM |
| Zone Low |
$333.36 |
$119.56 |
| Zone High |
$377.81 |
$135.51 |
| In Buy Zone? |
Yes
|
No
|