QCOM vs RTX: Which Is the Better Buy?
Side-by-side comparison of QUALCOMM Incorporated and RTX Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-06-20.
QUALCOMM Incorporated · Technology
$226.11
-10.7% upside to fair value
Grade D
High Quality
VS
RTX Corporation · Industrials
$185.60
-25.2% upside to fair value
Grade D
QuantHub Verdict
QCOM has more upside to fair value
(-10.7%).
QCOM trades at a lower forward P/E
(24.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
QCOM |
RTX |
| Current Price |
$226.11 |
$185.60 |
| Fair Value Estimate |
$201.84 |
$138.81 |
| Upside to Fair Value |
-10.7%
|
-25.2%
|
| Market Cap |
$238.3B |
$249.9B |
| Forward P/E |
24.3x
|
34.3x
|
| EV / EBITDA |
17.5x
|
18.3x
|
| Price / Sales |
5.4x
|
2.8x
|
| Price / FCF |
19.1x
|
29.9x
|
| Revenue Growth YoY |
-3.5%
|
+8.7%
|
| Gross Margin |
54.8%
|
20.2%
|
| Operating Margin |
25.5%
|
10.9%
|
| Return on Equity |
40.2%
|
11.2%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
5.25%
|
3.34%
|
| Analyst Consensus |
Hold
|
Buy
|
Investment Thesis
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…
RTX Corporation is a leading aerospace and defense company with a strong competitive moat driven by scale and an installed base in commercial aerospace via Pratt & Whitney and Collins Aerospace, and defense through Raytheon. The company benefits from a large multi-year backlog of approximately $270 billion supporting steady cash flow and mid-single-digit organic growth. Despite solid revenue grow…
Accumulation Zones
| Metric |
QCOM |
RTX |
| Zone Low |
$151.38 |
$104.11 |
| Zone High |
$171.56 |
$117.99 |
| In Buy Zone? |
No
|
No
|