Is QUALCOMM, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for QUALCOMM, Inc. has moved from attractive to very attractive. The company is currently considered undervalued based on its strong financial metrics. Key ratios include a P/E ratio of 15, a PEG ratio of 0.62, and an EV to EBITDA ratio of 12.31, all of which suggest that the stock is trading at a discount relative to its earnings growth potential.
In comparison to its peers, QUALCOMM's P/E ratio of 14.62 is significantly lower than NVIDIA Corp.'s 47.72 and Broadcom Inc.'s 82.00, indicating a more favorable valuation. Additionally, QUALCOMM's PEG ratio of 0.56 further emphasizes its attractiveness compared to the industry average. Despite recent stock performance showing a 6.42% return over the past week against the S&P 500's 1.70%, the longer-term returns reveal a lag, with a 1-year return of -4.47% compared to the S&P 500's 14.08%. Overall, these metrics and comparisons support the conclusion that QUALCOMM is undervalued in the current market.