COP vs QCOM: Which Is the Better Buy?
Side-by-side comparison of ConocoPhillips and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-16.
ConocoPhillips · Energy
$122.55
-21.4% upside to fair value
Grade D
VS
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
QCOM has more upside to fair value
(+77.7%).
COP trades at a lower forward P/E
(19.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
COP |
QCOM |
| Current Price |
$122.55 |
$134.47 |
| Fair Value Estimate |
$96.36 |
$239.00 |
| Upside to Fair Value |
-21.4%
|
+77.7%
|
| Market Cap |
$149.8B |
$143.6B |
| Forward P/E |
19.3x
|
26.8x
|
| EV / EBITDA |
5.8x
|
—
|
| Price / Sales |
2.5x
|
3.2x
|
| Price / FCF |
8.9x
|
11.1x
|
| Revenue Growth YoY |
+7.5%
|
+8.7%
|
| Gross Margin |
24.6%
|
55.1%
|
| Operating Margin |
19.6%
|
27.1%
|
| Return on Equity |
12.39%
|
21.6%
|
| Dividend Yield |
3.41% |
— |
| FCF Yield |
10.9%
|
9.0%
|
| Analyst Consensus |
Buy
|
Hold
|
Investment Thesis
ConocoPhillips is the largest U.S. independent exploration and production company, operating approximately 2.4 million barrels of oil equivalent per day across its Lower 48, Alaska, Canada, and international segments. The company completed its transformative $22.5 billion Marathon Oil acquisition in late 2024 and is on track for $2 billion in cost synergies by the end of 2026. Full-year 2025 reve…
Qualcomm Incorporated is a leading semiconductor company specializing in wireless chipsets and IP licensing, with dominant positions in 5G modems via QCT (87% of revenue) and steady QTL royalties. The business excels through a vast patent moat, diversification into automotive and IoT, and robust growth (revenue +13% YoY to $44B in FY2025), but faces risks from Apple modem shifts and China exposur…
Accumulation Zones
| Metric |
COP |
QCOM |
| Zone Low |
$72.27 |
$179.00 |
| Zone High |
$81.91 |
$203.00 |
| In Buy Zone? |
No
|
Yes
|