LULU vs QCOM: Which Is the Better Buy?
Side-by-side comparison of Lululemon Athletica Inc. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-05-04.
Lululemon Athletica Inc. · Consumer Cyclical
$128.98
+307.7% upside to fair value
Grade C
VS
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
LULU has more upside to fair value
(+307.7%).
LULU trades at a lower forward P/E
(9.7x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
LULU |
QCOM |
| Current Price |
$128.98 |
$134.47 |
| Fair Value Estimate |
$525.85 |
$239.00 |
| Upside to Fair Value |
+307.7%
|
+77.7%
|
| Market Cap |
$15.1B |
$143.6B |
| Forward P/E |
9.7x
|
26.8x
|
| EV / EBITDA |
5.6x
|
—
|
| Price / Sales |
1.4x
|
3.2x
|
| Price / FCF |
16.4x
|
11.1x
|
| Revenue Growth YoY |
+0.8%
|
+8.7%
|
| Gross Margin |
56.6%
|
55.1%
|
| Operating Margin |
19.8%
|
27.1%
|
| Return on Equity |
34.8%
|
21.6%
|
| Dividend Yield |
0% |
— |
| FCF Yield |
6.09%
|
9.0%
|
| Analyst Consensus |
Hold
|
Hold
|
Investment Thesis
Lululemon Athletica Inc. is a premium athletic apparel retailer operating primarily in the consumer cyclical sector with a focus on apparel retail. The company has a strong brand and historically high profitability with a gross margin of 56.6% and ROE of 34.8%, but it faces significant near-term challenges including earnings pressure with a 21.6% decline in earnings in the most recent quarter and…
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 |
LULU |
QCOM |
| Zone Low |
$394.39 |
$179.00 |
| Zone High |
$446.97 |
$203.00 |
| In Buy Zone? |
Yes
|
Yes
|