COST vs QCOM: Which Is the Better Buy?

Side-by-side comparison of Costco Wholesale Corporation and QUALCOMM Incorporated β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-07-08.
Costco Wholesale Corporation Β· Consumer Defensive
$947.50
-1.4% upside to fair value
Grade C High Quality
VS
QUALCOMM Incorporated Β· Technology
$226.11
-10.7% upside to fair value
Grade D High Quality
QuantHub Verdict
COST has more upside to fair value (-1.4%). QCOM trades at a lower forward P/E (24.3x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric COST QCOM
Current Price $947.50 $226.11
Fair Value Estimate $933.84 $201.84
Upside to Fair Value -1.4% -10.7%
Market Cap $420.2B $238.3B
Forward P/E 47.6x 24.3x
EV / EBITDA 28.3x 17.5x
Price / Sales 1.4x 5.4x
Price / FCF 47.7x 19.1x
Revenue Growth YoY +11.6% -3.5%
Gross Margin 12.9% 54.8%
Operating Margin 3.8% 25.5%
Return on Equity 28.3% 40.2%
Dividend Yield 0% 0%
FCF Yield 2.1% 5.25%
Analyst Consensus Buy Hold
Investment Thesis
COST β€” Costco Wholesale Corporation
Costco Wholesale Corporation operates as a membership-only warehouse club offering a wide range of merchandise at low prices. The company exhibits high business quality with a durable competitive moat driven by cost advantages, strong brand loyalty, and efficient operations, reflected in a robust ROE of 28.3% and solid revenue growth of 11.6% in the most recent quarter. Despite these strengths, t…
QCOM β€” QUALCOMM Incorporated
Qualcomm Incorporated is a leading semiconductor and telecommunications equipment company specializing in cellular and RF technologies, with a strong competitive moat driven by its intellectual property and scale in premium Android and 5G modems. The company benefits from a long-tenured management team and a diversified business model expanding into automotive, IoT, and computing sectors. Despite…
Accumulation Zones
Metric COST QCOM
Zone Low $700.38 $151.38
Zone High $793.76 $171.56
In Buy Zone? No No
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