NKE vs QCOM: Which Is the Better Buy?

Side-by-side comparison of NIKE, Inc. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-01.
NIKE, Inc. · Consumer Cyclical
$41.05
+45.0% upside to fair value
Grade B High Quality
VS
QUALCOMM Incorporated · Technology
$226.11
-10.7% upside to fair value
Grade D High Quality
QuantHub Verdict
NKE has more upside to fair value (+45.0%). NKE trades at a lower forward P/E (19.6x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric NKE QCOM
Current Price $41.05 $226.11
Fair Value Estimate $59.52 $201.84
Upside to Fair Value +45.0% -10.7%
Market Cap $60.7B $238.3B
Forward P/E 19.6x 24.3x
EV / EBITDA 14.2x 17.5x
Price / Sales 1.3x 5.4x
Price / FCF 57.9x 19.1x
Revenue Growth YoY -1.1% -3.5%
Gross Margin 42.9% 54.8%
Operating Margin 8.2% 25.5%
Return on Equity 22.0% 40.2%
Dividend Yield 0% 0%
FCF Yield 1.73% 5.25%
Analyst Consensus Hold Hold
Investment Thesis
NKE — NIKE, Inc.
NIKE, Inc. is a leading global athletic footwear and apparel company with a durable competitive moat supported by its strong brand, scale, and global distribution infrastructure. The company is currently led by CEO Elliott Hill, a seasoned Nike veteran who returned in October 2024 to navigate intensifying competition and channel complexity. Despite its market leadership and solid profitability me…
QCOM — QUALCOMM Incorporated
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 NKE QCOM
Zone Low $44.64 $151.38
Zone High $50.59 $171.56
In Buy Zone? Yes No
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