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 2026-08-06.
Nebius Group N.V. · Technology
$218.99
+11.9% upside to fair value
Med Conviction
Grade C+
VS
QUALCOMM Incorporated · Technology
$226.11
-10.7% upside to fair value
Grade D
High Quality
QuantHub Verdict
NBIS has more upside to fair value
(+11.9%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
NBIS |
QCOM |
| Current Price |
$218.99 |
$226.11 |
| Fair Value Estimate |
$245.00 |
$201.84 |
| Upside to Fair Value |
+11.9%
|
-10.7%
|
| Market Cap |
$52.6B |
$238.3B |
| Forward P/E |
—
|
24.3x
|
| EV / EBITDA |
—
|
17.5x
|
| Price / Sales |
59.9x
|
5.4x
|
| Price / FCF |
—
|
19.1x
|
| Revenue Growth YoY |
+684.0%
|
-3.5%
|
| Gross Margin |
48.0%
|
54.8%
|
| Operating Margin |
-68.8%
|
25.5%
|
| Return on Equity |
—
|
40.2%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
-4.7%
|
5.25%
|
| Analyst Consensus |
Buy
|
Hold
|
Investment Thesis
Nebius Group is a fast-scaling neocloud GPU infrastructure provider spun out of Yandex's international assets, positioned at the center of the AI compute buildout with a validated capital relationship to Nvidia, which holds a 9.3% stake following a $2 billion investment. Revenue grew 684% year over year in Q1 2026 to $399 million, core AI cloud ARR reached $1.92 billion, and the company has locke…
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 |
NBIS |
QCOM |
| Zone Low |
$184.00 |
$151.38 |
| Zone High |
$208.00 |
$171.56 |
| In Buy Zone? |
No
|
No
|