QCOM vs V: Which Is the Better Buy?
Side-by-side comparison of QUALCOMM Incorporated and Visa Inc. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-16.
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction
Grade B
VS
Visa Inc. · Financial Services
$304.36
+37.7% upside to fair value
High Conviction
Grade A-
QuantHub Verdict
QCOM has more upside to fair value
(+77.7%).
V trades at a lower forward P/E
(23.7x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
QCOM |
V |
| Current Price |
$134.47 |
$304.36 |
| Fair Value Estimate |
$239.00 |
$419.00 |
| Upside to Fair Value |
+77.7%
|
+37.7%
|
| Market Cap |
$143.6B |
$586.8B |
| Forward P/E |
26.8x
|
23.7x
|
| EV / EBITDA |
—
|
22.3x
|
| Price / Sales |
3.2x
|
14.2x
|
| Price / FCF |
11.1x
|
25.6x
|
| Revenue Growth YoY |
+8.7%
|
+11.3%
|
| Gross Margin |
55.1%
|
81.08%
|
| Operating Margin |
27.1%
|
59.18%
|
| Return on Equity |
21.6%
|
54.22%
|
| Dividend Yield |
— |
0.83% |
| FCF Yield |
9.0%
|
3.91%
|
| 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…
Visa is the world's dominant payment network with $40B in net revenue (FY2025), 50%+ net margins, and a capital-light toll-booth model processing $14.2T in annual payment volume across 257.5B transactions. The business compounds at 10-12% revenue CAGR with operating leverage pushing EPS growth to 12-15% over a cycle, funded by $21.6B in annual free cash flow against only $1.5B in capex. At 28.0x …
Accumulation Zones
| Metric |
QCOM |
V |
| Zone Low |
$179.00 |
$265.00 |
| Zone High |
$203.00 |
$300.00 |
| In Buy Zone? |
Yes
|
No
|