Is QUALCOMM, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for QUALCOMM, Inc. has moved from expensive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a P/E ratio of 15, an EV to EBITDA of 12.31, and a PEG ratio of 0.62, indicating a relatively attractive valuation compared to its peers.
In comparison to notable peers, QUALCOMM has a lower P/E ratio than NVIDIA Corp., which stands at 47.72, and is significantly more attractive than Broadcom Inc., which has a P/E of 82.00. Despite a recent decline in stock price, QUALCOMM's year-to-date return of 11.24% trails the S&P 500's 14.40%, while its 3-year return of 55.23% lags behind the S&P 500's 76.76%, suggesting that the stock may have room for improvement in performance relative to the broader market.