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 2026-09-26.
NVIDIA Corporation · Technology
$225.07
+45.0% upside to fair value
Med Conviction
Grade B
High Quality
VS
QUALCOMM Incorporated · Technology
$201.97
-21.1% upside to fair value
Med Conviction
Grade D
High Quality
QuantHub Verdict
NVDA has more upside to fair value
(+45.0%).
These are model outputs — not personalized investment advice.
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Valuation & Fundamentals
| Metric |
NVDA |
QCOM |
| Current Price |
$225.07 |
$201.97 |
| Fair Value Estimate |
$326.35 |
$159.42 |
| Upside to Fair Value |
+45.0%
|
-21.1%
|
| Market Cap |
$5,451.4B |
$212.1B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
23.4x
|
16.5x
|
| Price / Sales |
18.0x
|
4.8x
|
| Price / FCF |
42.9x
|
20.5x
|
| Revenue Growth YoY |
+105.9%
|
-4.0%
|
| Gross Margin |
74.7%
|
54.2%
|
| Operating Margin |
65.2%
|
23.2%
|
| Return on Equity |
110.1%
|
37.3%
|
| Dividend Yield |
0.23% |
1.79% |
| FCF Yield |
2.33%
|
4.88%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
NVIDIA designs the accelerated computing platforms at the center of the AI buildout, spanning data center GPUs, Mellanox networking, AI enterprise software, gaming GeForce GPUs, professional visualization, and automotive platforms, with 42,000 employees and a $5.45 trillion market capitalization. Business quality is exceptional on the fundamentals: TTM gross margin of 74.7%, TTM operating margin …
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 |
NVDA |
QCOM |
| Zone Low |
$244.76 |
$119.56 |
| Zone High |
$277.40 |
$135.51 |
| In Buy Zone? |
Yes
|
No
|