NBIS vs QCOM: Which Is the Better Buy?
Side-by-side comparison of Nebius Group N.V. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-26.
Nebius Group N.V. · Technology
$217.99
+45.0% upside to fair value
Med Conviction
Grade B
VS
QUALCOMM Incorporated · Technology
$201.97
-21.1% upside to fair value
Med Conviction
Grade D
High Quality
QuantHub Verdict
NBIS has more upside to fair value
(+45.0%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
NBIS |
QCOM |
| Current Price |
$217.99 |
$201.97 |
| Fair Value Estimate |
$316.09 |
$159.42 |
| Upside to Fair Value |
+45.0%
|
-21.1%
|
| Market Cap |
$52.3B |
$212.1B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
56.8x
|
16.5x
|
| Price / Sales |
38.6x
|
4.8x
|
| Price / FCF |
—
|
20.5x
|
| Revenue Growth YoY |
+454.0%
|
-4.0%
|
| Gross Margin |
58.6%
|
54.2%
|
| Operating Margin |
-49.3%
|
23.2%
|
| Return on Equity |
0.9%
|
37.3%
|
| Dividend Yield |
0% |
1.79% |
| FCF Yield |
—
|
4.88%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Nebius Group N.V. is an Amsterdam-based AI infrastructure company, formerly Yandex N.V., that builds end-to-end GPU cloud clusters, cloud platforms and developer tools for demanding AI workloads, alongside Toloka AI data solutions, TripleTen education and Avride autonomous driving. The business is growing explosively, with revenue up 454.0% year over year in the most recent quarter, and it has de…
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 |
NBIS |
QCOM |
| Zone Low |
$237.07 |
$119.56 |
| Zone High |
$268.68 |
$135.51 |
| In Buy Zone? |
Yes
|
No
|