Is QUALCOMM, Inc. overvalued or undervalued?

As of 7 November 2025, the valuation grade for QUALCOMM, Inc. moved from expensive to fair. The company appears to be fairly valued based on its current metrics. The P/E ratio stands at 15, while the EV to EBITDA is 12.31, and the PEG ratio is notably low at 0.62, indicating potential growth at a reasonable price.
In comparison to its peers, QUALCOMM's P/E ratio of 14.62 is significantly lower than NVIDIA Corp.'s 47.72, which is considered attractive, and Broadcom Inc.'s 82.00, which is classified as expensive. Additionally, QUALCOMM's EV to EBITDA ratio of 12.69 is more favorable compared to the industry average. Despite recent stock performance showing a decline of 5.53% over the past week compared to a 1.63% drop in the S&P 500, the longer-term outlook remains positive with a 55.23% return over three years, although it lags behind the S&P 500's 76.76% return in the same period.