Magnificent 7 Stocks 2026: Side-by-Side Valuation Comparison Before Q1 Earnings

The seven companies that make up the Magnificent 7 — Apple, Microsoft, NVIDIA, Alphabet, Amazon, Meta Platforms, and Tesla — collectively represent roughly $23 trillion in market capitalisation. They account for more than 30% of the S&P 500's total weight. Whatever these stocks do, the index does roughly the same.

With Q1 2026 earnings season underway (Tesla and Alphabet report April 22 and 24; Amazon, Microsoft, and Meta report April 29–30; Apple reports in early May), we've run every member of the Mag 7 through the Equity Rank screener of 800 large-cap companies and built individual deep-dive analyses on each.

The results, side by side, reveal a group of companies that are more different from each other than their shared "Magnificent 7" label implies.

The Complete Mag 7 Valuation Snapshot (April 2026)

Company	Ticker	Market Cap	Trailing P/E	Fwd P/E	Revenue Growth	Gross Margin	Margin of Safety	Overall Score
Microsoft	MSFT	$3.12T	26.32x	21.41x	16.7%	68.59%	+26.1%	71.2
Meta Platforms	META	$1.71T	28.79x	22.68x	23.8%	82.0%	-2.3%	61.2
Alphabet	GOOGL	$4.06T	31.06x	29.5x	18.0%	59.65%	-21.4%	60.2
Apple	AAPL	$3.87T	33.34x	31.15x	15.7%	47.33%	-18.6%	55.2
Amazon	AMZN	$2.69T	34.83x	30.58x	13.6%	50.29%	-36.8%	54.0
NVIDIA	NVDA	$4.82T	40.5x	24.4x	73.2%	71.1%	-53.3%	52.3
Tesla	TSLA	$1.46T	356.79x	188.68x	-3.1%	18.03%	-515.6%	33.6

Source: Equity Rank screener, April 2026. Data from trailing twelve months.

The first column that should stop you is Margin of Safety.

Six of the seven Mag 7 members trade above their modelled intrinsic value — which is exactly what you'd expect for the most widely owned, most analysed, most institutionally crowded stocks in the equity market. What's surprising is the magnitude of the spread: from Microsoft at +26.1% (the only member trading below fair value) to Tesla at -515.6% (the most extreme overvaluation in the entire 800-stock screener).

Microsoft Is the Only Mag 7 Member Trading Below Fair Value

Microsoft's 2026 analysis tells the most unusual story in the group: the world's second-largest company by market cap has seen its stock fall roughly 24% from its 52-week high ($552 to $420) while earnings per share grew 59.8% over the same period. The combination of price decline and earnings growth has compressed the trailing P/E to 26.32x — the lowest in Microsoft's recent history and the lowest in the Mag 7 today.

The screener's multi-method valuation model produces a combined margin of safety of +26.1%, meaning the consensus of 19 valuation methods estimates fair value above the current price. The Overall Score of 71.2 is the highest in the Mag 7.

What to watch (April 29): Azure AI workload revenue acceleration; Copilot $30/user/month enterprise attach rate.

Meta Has the Highest Gross Margin in the Group

At 82.0% gross margin, Meta Platforms operates a business with structurally different economics than any other Mag 7 member. User-generated content — Facebook, Instagram, Reels, WhatsApp — has near-zero cost of goods sold. Advertisers pay to reach users; Meta pays almost nothing to produce the content those users create.

The combined margin of safety of -2.3% is the closest to fairly valued in the Mag 7 — essentially neutral on the model's estimate. The PEG ratio of 0.88 (below 1.0) suggests the market is pricing Meta at a discount to its growth rate, which is unusual for a Mag 7 member.

The overhang: Reality Labs burns approximately $16 billion per year — a division building AR/VR hardware and metaverse infrastructure that has yet to generate material revenue. That annual loss consumes roughly 8–10 operating margin points. Without it, Meta would carry the highest operating margin in the group.

What to watch (April 29): Reels monetisation gap vs Stories; Reality Labs quarterly loss magnitude.

NVIDIA Has the Highest Revenue Growth — and the Largest Market Cap

NVIDIA's position is the data paradox of the group: 73.2% trailing revenue growth (by far the highest in the Mag 7) alongside a market cap of $4.82 trillion (the largest) and a combined margin of safety of -53.3%.

The model's -53.3% reading reflects the fact that NVIDIA's trailing earnings, while exceptional, do not yet fully support a $4.82T valuation on conventional multiples. The forward P/E of 24.4x is more reasonable — analysts project substantial earnings growth — but that projection requires continued AI data center capital expenditure at current pace for 18–24 months.

The gross margin of 71.1% and ROE of 101.5% confirm that NVIDIA's business economics are genuinely extraordinary. The risk is concentrated in the question of whether AI infrastructure spending is secular or cyclical.

The Valuation Outlier: Tesla at -515.6%

The Mag 7 comparison table would look very different without Tesla. Remove Tesla and the range of margin of safety readings compresses from -21% to +26% — a wide but navigable spread. Include Tesla and the range explodes to -515% to +26%.

Tesla's profile is unlike any other Mag 7 member:

• P/E 356.79x — the remaining six range from 26x to 40x
• Revenue growth -3.1% — the only Mag 7 member with declining revenue
• Gross margin 18.03% — the only Mag 7 member in automotive-margin territory
• Overall Score 33.6 — ranked 3rd of 3 in its sector, near the bottom 20% of 800 stocks

Tesla reports Q1 2026 earnings on April 22. Whether the data shows any recovery in revenue growth or gross margin will be the most closely watched print in the Mag 7 earnings season.

Apple: The Moderate Outlier

Apple's profile sits in the middle of the Mag 7 by almost every metric. P/E 33.34x (middle of range). Revenue growth 15.7% (middle of range). Gross margin 47.33% (middle of range). Margin of safety -18.6% (middle of range). Overall Score 55.2 (middle of range).

What makes Apple's $3.87T market cap notable is not any extreme data point — it's the combination of scale and relative reasonableness. Apple is the largest company in the world that the screener doesn't flag as either dramatically overvalued or dramatically undervalued. That moderate profile, on the largest market cap in equity markets, has its own analytical significance.

Alphabet: Last in Sector, First in Brand Recognition

Alphabet's screener profile produces the same counterintuitive result as Amazon: the world's most searched website ranks 8th of 8 in its Internet Platform sector. The reason is mechanical — the sector contains smaller companies with positive margin of safety scores that rank above a large incumbent trading at a premium.

At 31.06x trailing P/E with 18% revenue growth, Alphabet is priced at a level that requires Cloud re-acceleration and Gemini AI monetisation to justify. The April 24 earnings report will either confirm or complicate that case.

Amazon: The Sector Mismatch

Amazon's classification as Consumer Discretionary is the key interpretive challenge in the screener's reading of its -36.84% margin of safety. The model applies Consumer Discretionary multiples to a business where AWS and Advertising — both much higher-margin than retail — generate most of the operating income.

At 34.83x trailing P/E with 13.6% blended revenue growth, the question is whether AWS growth (running at approximately 25–30% YoY) can sustain the premium over the retail multiple. The April 30 earnings report will include AWS segment data.

Earnings Calendar: What Fires When

Date	Ticker	Key Metric to Watch
April 22	TSLA	Gross margin (ex-credits), FSD attach rate
April 24	GOOGL	Google Cloud growth YoY %
April 29	MSFT	Azure growth, Copilot seat count
April 29	META	Reels monetisation, Reality Labs loss
April 30	AMZN	AWS growth, North America retail margin
Early May	AAPL	China revenue, Services growth rate

Ranking the Mag 7 by Each Dimension

Best valuation (highest MoS): Microsoft (+26.1%) ? Meta (-2.3%) ? Apple (-18.6%)

Highest revenue growth: NVIDIA (73.2%) ? Meta (23.8%) ? Alphabet (18.0%)

Highest gross margin: Meta (82.0%) ? Microsoft (68.59%) ? NVIDIA (71.1%)

Highest overall screener score: Microsoft (71.2) ? Meta (61.2) ? Alphabet (60.2)

Most extreme overvaluation: Tesla (-515.6%) ? NVIDIA (-53.3%) ? Amazon (-36.8%)

Run the Screener on Any Mag 7 Stock

The Equity Rank screener shows all 800 large-cap stocks ranked by Overall Score, with full margin of safety, risk, and valuation data — including every Mag 7 member — updated weekly. The free DCF Calculator and P/E Ratio Calculator let you model any of these companies under your own assumptions.

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This article is for informational and educational purposes only. It does not constitute financial advice or a recommendation to purchase or sell any security mentioned. All scores, margin of safety estimates, and other metrics are model-based outputs from the Equity Rank screener and are subject to estimation uncertainty. Negative margin of safety indicates the current price exceeds the model's estimated intrinsic value and is not a prediction of price direction. Past financial performance does not guarantee future results. All investments carry risk, including potential loss of principal. Equity Rank is not a registered investment adviser. Always conduct your own due diligence and consult a qualified financial adviser before making investment decisions.