QCOM vs UNH: Which Is the Better Buy?
Side-by-side comparison of QUALCOMM Incorporated and UnitedHealth Group Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
QUALCOMM Incorporated · Technology
$134.47
+45.0% upside to fair value
Med Conviction
Grade B
VS
UnitedHealth Group Incorporated · Healthcare
$353.52
+45.0% upside to fair value
Grade B
High Quality
QuantHub Verdict
UNH trades at a lower forward P/E
(26.7x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
QCOM |
UNH |
| Current Price |
$134.47 |
$353.52 |
| Fair Value Estimate |
$194.98 |
$512.60 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$143.6B |
$320.9B |
| Forward P/E |
26.8x
|
26.7x
|
| EV / EBITDA |
—
|
16.1x
|
| Price / Sales |
3.2x
|
0.7x
|
| Price / FCF |
11.1x
|
16.3x
|
| Revenue Growth YoY |
+8.7%
|
+2.0%
|
| Gross Margin |
55.1%
|
18.8%
|
| Operating Margin |
27.1%
|
4.2%
|
| Return on Equity |
21.6%
|
12.4%
|
| Dividend Yield |
— |
0% |
| FCF Yield |
9.0%
|
6.13%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
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…
UnitedHealth Group Incorporated operates as a leading healthcare company with two main platforms: UnitedHealthcare, providing health benefits coverage, and Optum, offering information and technology services. The company benefits from a durable competitive moat due to its scale, integrated platforms, and broad market reach serving over 170 million consumers. Despite strong revenue growth of 12% y…
Accumulation Zones
| Metric |
QCOM |
UNH |
| Zone Low |
$146.23 |
$384.45 |
| Zone High |
$165.73 |
$435.71 |
| In Buy Zone? |
Yes
|
Yes
|