QCOM vs WDC: Which Is the Better Buy?
Side-by-side comparison of QUALCOMM Incorporated and Western Digital Corporation — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-08-06.
QUALCOMM Incorporated · Technology
$226.11
-10.7% upside to fair value
Grade D
High Quality
VS
Western Digital Corporation · Technology
$519.17
-28.7% upside to fair value
Med Conviction
Grade C+
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 |
WDC |
| Current Price |
$226.11 |
$519.17 |
| Fair Value Estimate |
$201.84 |
$370.00 |
| Upside to Fair Value |
-10.7%
|
-28.7%
|
| Market Cap |
$238.3B |
$178.9B |
| Forward P/E |
24.3x
|
27.8x
|
| EV / EBITDA |
17.5x
|
37.3x
|
| Price / Sales |
5.4x
|
13.9x
|
| Price / FCF |
19.1x
|
51.0x
|
| Revenue Growth YoY |
-3.5%
|
+35.7%
|
| Gross Margin |
54.8%
|
48.9%
|
| Operating Margin |
25.5%
|
34.9%
|
| Return on Equity |
40.2%
|
43.4%
|
| Dividend Yield |
0% |
0.1% |
| FCF Yield |
5.25%
|
2.0%
|
| 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…
Western Digital is now a pure-play, duopoly hard-disk-drive manufacturer, having spun off its NAND flash business as SanDisk in February 2025 and sold its remaining SanDisk stake for $3.1 billion in February 2026. It is riding the same AI-storage supercycle as SanDisk and Micron, but from the mass-capacity nearline HDD side: hyperscalers are buying every high-capacity drive WDC can make for AI da…
Accumulation Zones
| Metric |
QCOM |
WDC |
| Zone Low |
$151.38 |
$278.00 |
| Zone High |
$171.56 |
$315.00 |
| In Buy Zone? |
No
|
No
|