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

QUALCOMM vs Texas Instruments: Which Stock Looks Stronger in 2026?

The structural profiles are close, with QUALCOMM carrying a narrow edge on valuation. Texas Instruments still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup is currently leaning toward Texas Instruments, which does not confirm the structural lead. That leaves a split case: the structural lead stays with QUALCOMM, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels.

Updated 2026-04-05

Valuation still does most of the heavy lifting in this comparison.

INDUSTRY COMPARISON

Both operate in: Semiconductors

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

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

Peer-Relative Score
QCOM
QUALCOMM Incorporated
67
Peer-Score
Signal qualityHigh
vs
TXN
Texas Instruments Incorporated
65
Peer-Score
Signal qualityHigh

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

Pricing shapes this comparison more than a broad operating gap.

Dimension spread: QCOM vs TXN Profitability 83 85 Stability 62 75 Valuation 79 59 Growth 32 34 QCOM TXN
Gap Ranking
#1 Valuation +20
#2 Stability +13
#3 Growth +2
#4 Profitability +2
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for QCOM and TXN Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer QCOMTXN Relative valuation Structural strength

QUALCOMM Incorporated and Texas Instruments Incorporated look relatively close on structure, but the price setup still leans toward QUALCOMM Incorporated.

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

Relative Position vs Comparable Companies
Valuation
Both look solid on valuation, though QUALCOMM Incorporated still holds the stronger peer position.
Stability
On stability, the edge still sits with Texas Instruments Incorporated, even though both profiles look solid.
Valuation — Dominant Gap
QCOM
79
TXN
59
Gap+20in favour of QCOM

The multiple-based pricing edge comes from a forward P/E that is 13.3 turns lower.

What keeps the gap from being one-sided

A meaningful counterforce remains in stability, which keeps the comparison from looking completely one-sided.

What this means for the comparison

The main read on valuation is clearer than the broader score gap.

Explore full peer positioning in AssetNext

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

Explore full breakdown →
Similar valuation-and-stability comparisons

Explore how QCOM and TXN 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.

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.