PANW vs QCOM: Which Is the Better Buy?
Side-by-side comparison of Palo Alto Networks, Inc. and QUALCOMM Incorporated — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-06-20.
Palo Alto Networks, Inc. · Technology
$287.78
+2.9% upside to fair value
Grade B
High Quality
VS
QUALCOMM Incorporated · Technology
$226.11
-10.7% upside to fair value
Grade D
High Quality
QuantHub Verdict
PANW has more upside to fair value
(+2.9%).
QCOM trades at a lower forward P/E
(24.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
PANW |
QCOM |
| Current Price |
$287.78 |
$226.11 |
| Fair Value Estimate |
$296.19 |
$201.84 |
| Upside to Fair Value |
+2.9%
|
-10.7%
|
| Market Cap |
$196.1B |
$238.3B |
| Forward P/E |
248.9x
|
24.3x
|
| EV / EBITDA |
85.9x
|
17.5x
|
| Price / Sales |
18.5x
|
5.4x
|
| Price / FCF |
45.7x
|
19.1x
|
| Revenue Growth YoY |
+31.1%
|
-3.5%
|
| Gross Margin |
71.9%
|
54.8%
|
| Operating Margin |
9.6%
|
25.5%
|
| Return on Equity |
6.3%
|
40.2%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
2.19%
|
5.25%
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
Palo Alto Networks is a leading cybersecurity company specializing in next-generation security platforms with a strong subscription and support revenue base comprising approximately 81% of total revenue. The company benefits from a wide and expanding competitive moat driven by its AI- and platform-driven cybersecurity solutions, led by a seasoned management team. Despite strong revenue growth of …
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 |
PANW |
QCOM |
| Zone Low |
$222.14 |
$151.38 |
| Zone High |
$251.76 |
$171.56 |
| In Buy Zone? |
No
|
No
|