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 2026-04-20.

CRM

Salesforce, Inc. · Technology

$182.14

+45.0% upside to fair value

Grade B High Quality

QCOM

QUALCOMM Incorporated · Technology

$134.47

+45.0% upside to fair value

Med Conviction Grade B

QuantHub Verdict

CRM trades at a lower forward P/E (22.8x). These are model outputs — not personalized investment advice. See all research →

Valuation & Fundamentals

Metric	CRM	QCOM
Current Price	$182.14	$134.47
Fair Value Estimate	$264.10	$194.98
Upside to Fair Value	+45.0%	+45.0%
Market Cap	$173.0B	$143.6B
Forward P/E	22.8x	26.8x
EV / EBITDA	14.4x	—
Price / Sales	4.2x	3.2x
Price / FCF	12.0x	11.1x
Revenue Growth YoY	+12.1%	+8.7%
Gross Margin	77.7%	55.1%
Operating Margin	21.5%	27.1%
Return on Equity	12.4%	21.6%
Dividend Yield	0%	—
FCF Yield	8.33%	9.0%
Analyst Consensus	Buy	Hold

Investment Thesis

CRM — Salesforce, Inc.

Salesforce, Inc. is a leading enterprise software company specializing in cloud-based customer relationship management and enterprise applications. The company benefits from a durable competitive moat anchored by pioneering SaaS delivery, a large and growing customer base, and a diversified revenue mix with Service Cloud as the largest segment generating $9.05 billion in FY2025. Salesforce exhibi…

QCOM — QUALCOMM Incorporated

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	$198.08	$146.23
Zone High	$224.49	$165.73
In Buy Zone?	Yes	Yes

← CRM Research QCOM Research → All Research