MS vs QCOM: Which Is the Better Buy?
Side-by-side comparison of Morgan Stanley and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
Morgan Stanley · Financial Services
$189.30
+45.0% upside to fair value
Grade C
High Quality
VS
QUALCOMM Incorporated · Technology
$134.47
+45.0% upside to fair value
Med Conviction
Grade B
QuantHub Verdict
MS trades at a lower forward P/E
(16.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
MS |
QCOM |
| Current Price |
$189.30 |
$134.47 |
| Fair Value Estimate |
$274.49 |
$194.98 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$300.6B |
$143.6B |
| Forward P/E |
16.4x
|
26.8x
|
| EV / EBITDA |
24.4x
|
—
|
| Price / Sales |
2.5x
|
3.2x
|
| Price / FCF |
-16.8x
|
11.1x
|
| Revenue Growth YoY |
+18.8%
|
+8.7%
|
| Gross Margin |
58.0%
|
55.1%
|
| Operating Margin |
19.5%
|
27.1%
|
| Return on Equity |
16.7%
|
21.6%
|
| Dividend Yield |
0% |
— |
| FCF Yield |
—
|
9.0%
|
| Analyst Consensus |
Hold
|
Hold
|
Investment Thesis
Morgan Stanley is a leading global financial services firm operating in Institutional Securities, Wealth Management, and Investment Management. The company benefits from a durable competitive moat supported by its systemically important status, diversified revenue streams, and strong management with a 36-year veteran CEO. Despite solid fundamentals including 14.2% revenue growth in 2025 and 16.7%…
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 |
MS |
QCOM |
| Zone Low |
$205.87 |
$146.23 |
| Zone High |
$233.32 |
$165.73 |
| In Buy Zone? |
Yes
|
Yes
|