QCOM vs SLB: Which Is the Better Buy?
Side-by-side comparison of QUALCOMM Incorporated and SLB N.V. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-25.
QUALCOMM Incorporated · Technology
$134.47
+45.0% upside to fair value
Med Conviction
Grade B
VS
SLB N.V. · Energy
$56.15
+45.0% upside to fair value
Grade B
QuantHub Verdict
SLB trades at a lower forward P/E
(24.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
QCOM |
SLB |
| Current Price |
$134.47 |
$56.15 |
| Fair Value Estimate |
$194.98 |
$81.42 |
| Upside to Fair Value |
+45.0%
|
+45.0%
|
| Market Cap |
$143.6B |
$84.3B |
| Forward P/E |
26.8x
|
24.3x
|
| EV / EBITDA |
—
|
17.5x
|
| Price / Sales |
3.2x
|
2.4x
|
| Price / FCF |
11.1x
|
17.6x
|
| Revenue Growth YoY |
+8.7%
|
+2.7%
|
| Gross Margin |
55.1%
|
13.6%
|
| Operating Margin |
27.1%
|
11.5%
|
| Return on Equity |
21.6%
|
12.2%
|
| Dividend Yield |
— |
0% |
| FCF Yield |
9.0%
|
5.69%
|
| Analyst Consensus |
Hold
|
Strong Buy
|
Investment Thesis
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…
SLB N.V. is the world's largest oilfield services company operating primarily in the energy sector with a focus on oil and gas equipment and services. The company benefits from a diversified revenue base across well construction, production systems, reservoir characterization, and digital integration, with fiscal year 2024 revenues totaling over $37 billion. Despite modest revenue growth of 2.7% …
Accumulation Zones
| Metric |
QCOM |
SLB |
| Zone Low |
$146.23 |
$61.06 |
| Zone High |
$165.73 |
$69.21 |
| In Buy Zone? |
Yes
|
Yes
|