Home Compare NVDA vs QCOM
Stock Comparison · Industry comparison · Semiconductors

NVIDIA vs QUALCOMM: Which Stock Looks Stronger in 2026?

NVIDIA holds the cleaner structural position, with profitability as the main driver and valuation adding further support. QUALCOMM still has the edge on valuation, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

Profitability still does most of the heavy lifting in this comparison. NVIDIA Corporation leads by 15 points on the overall comparison score.

INDUSTRY COMPARISON

Both operate in: Semiconductors

This comparison is based on industry proximity, not on functional trajectory similarity. NVDA and QCOM share the same industry classification.

For a similarity-based comparison, see how NVIDIA and QUALCOMM each position within their functional peer groups in AssetNext.

Peer-Relative Score
NVDA
NVIDIA Corporation
63
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
QCOM
QUALCOMM Incorporated
48
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: NVDA vs QCOM Profitability 92 32 Stability 41 34 Valuation 52 77 Growth 57 44 NVDA QCOM
Gap Ranking
#1 Profitability +60
#2 Valuation +25
#3 Growth +13
#4 Stability +7
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for NVDA and QCOM Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer NVDAQCOM Relative valuation Structural strength

NVIDIA Corporation holds the stronger structural profile, but the price setup still leans toward QUALCOMM Incorporated.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where NVDA and QCOM each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY NVDA Elevated · below norm 0th 50th 100th 0 pct gap QCOM Elevated · above norm 0th 50th 100th 99th 98th
NVDA (99th percentile) and QCOM (98th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
NVIDIA Corporation ranks near the top of the group on profitability; QUALCOMM Incorporated sits in the weaker half.
Valuation
On valuation, the edge still sits with QUALCOMM Incorporated, even though both profiles look solid.
Profitability — Dominant Gap
NVDA
92
QCOM
32
Gap+60in favour of NVDA

The profitability lead is mainly driven by a 43-point operating margin advantage.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for QUALCOMM, with a trailing P/E that is 24.4 turns lower there.

What this means for the comparison

Profitability settles the comparison, while pricing and valuation keep the broader setup from looking fully aligned.

Explore full peer positioning in AssetNext

Break down the NVDA vs QCOM comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how NVDA and QCOM each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.