CRM vs QCOM: Which Is the Better Buy?
Side-by-side comparison of Salesforce, Inc. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-16.
Salesforce, Inc. · Technology
$181.22
+161.6% upside to fair value
High Conviction
Grade A-
VS
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
CRM has more upside to fair value
(+161.6%).
CRM trades at a lower forward P/E
(22.7x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
CRM |
QCOM |
| Current Price |
$181.22 |
$134.47 |
| Fair Value Estimate |
$474.00 |
$239.00 |
| Upside to Fair Value |
+161.6%
|
+77.7%
|
| Market Cap |
$169.8B |
$143.6B |
| Forward P/E |
22.7x
|
26.8x
|
| EV / EBITDA |
—
|
—
|
| Price / Sales |
4.1x
|
3.2x
|
| Price / FCF |
11.8x
|
11.1x
|
| Revenue Growth YoY |
+9.2%
|
+8.7%
|
| Gross Margin |
77.7%
|
55.1%
|
| Operating Margin |
21.5%
|
27.1%
|
| Return on Equity |
12.4%
|
21.6%
|
| Dividend Yield |
— |
— |
| FCF Yield |
8.5%
|
9.0%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Salesforce is the leading global provider of CRM software, offering a strong competitive moat through market dominance and high switching costs, complemented by acquisitions like Slack and Tableau, with excellent margins above 77% gross and robust free cash flow of $15.16 per share. Despite decelerating revenue growth at 9.2% YoY and negative earnings growth of -6.9%, the business remains high-qu…
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 |
CRM |
QCOM |
| Zone Low |
$356.00 |
$179.00 |
| Zone High |
$403.00 |
$203.00 |
| In Buy Zone? |
Yes
|
Yes
|