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 2026-04-16.
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction
Grade B
VS
UnitedHealth Group Incorporated · Healthcare
$304.33
+41.3% upside to fair value
Med Conviction
Grade B+
QuantHub Verdict
QCOM has more upside to fair value
(+77.7%).
UNH trades at a lower forward P/E
(15.1x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
QCOM |
UNH |
| Current Price |
$134.47 |
$304.33 |
| Fair Value Estimate |
$239.00 |
$430.00 |
| Upside to Fair Value |
+77.7%
|
+41.3%
|
| Market Cap |
$143.6B |
$276.2B |
| Forward P/E |
26.8x
|
15.1x
|
| EV / EBITDA |
—
|
14.3x
|
| Price / Sales |
3.2x
|
0.6x
|
| Price / FCF |
11.1x
|
17.2x
|
| Revenue Growth YoY |
+8.7%
|
+11.8%
|
| Gross Margin |
55.1%
|
18.5%
|
| Operating Margin |
27.1%
|
4.2%
|
| Return on Equity |
21.6%
|
12.7%
|
| Dividend Yield |
— |
2.9% |
| FCF Yield |
9.0%
|
5.82%
|
| Analyst Consensus |
Hold
|
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 is the world's largest diversified healthcare company, combining the dominant US health insurer UnitedHealthcare with the high-margin Optum services platform spanning care delivery, pharmacy benefits, and data analytics. The stock has fallen roughly 49% from its 2024 peak of $596, driven by elevated medical costs, DOJ antitrust scrutiny, CEO transitions (Brian Thompson's murder…
Accumulation Zones
| Metric |
QCOM |
UNH |
| Zone Low |
$179.00 |
$280.00 |
| Zone High |
$203.00 |
$340.00 |
| In Buy Zone? |
Yes
|
Yes
|