NVDA vs QCOM: Which Is the Better Buy?
Side-by-side comparison of NVIDIA Corporation and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-16.
NVIDIA Corporation · Technology
$182.08
+59.3% 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%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
NVDA |
QCOM |
| Current Price |
$182.08 |
$134.47 |
| Fair Value Estimate |
$290.00 |
$239.00 |
| Upside to Fair Value |
+59.3%
|
+77.7%
|
| Market Cap |
$4,425.5B |
$143.6B |
| Forward P/E |
—
|
26.8x
|
| EV / EBITDA |
31.4x
|
—
|
| Price / Sales |
21.0x
|
3.2x
|
| Price / FCF |
46.9x
|
11.1x
|
| Revenue Growth YoY |
+65.5%
|
+8.7%
|
| Gross Margin |
71.1%
|
55.1%
|
| Operating Margin |
60.4%
|
27.1%
|
| Return on Equity |
76.3%
|
21.6%
|
| Dividend Yield |
0.02% |
— |
| FCF Yield |
2.13%
|
9.0%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
NVIDIA is the foundational infrastructure layer of the AI era. Data Center revenue reached $193.7B in FY2026, up 66% YoY, powered by insatiable demand for Blackwell B200 GPUs across hyperscalers and sovereign AI programs. The company generates $96.7B in annual free cash flow with 71% gross margins and 56% net margins, making it the most profitable semiconductor business in history. At P/E 37.7x v…
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 |
NVDA |
QCOM |
| Zone Low |
$218.00 |
$179.00 |
| Zone High |
$250.00 |
$203.00 |
| In Buy Zone? |
Yes
|
Yes
|