QCOM vs WMT: Which Is the Better Buy?

Side-by-side comparison of QUALCOMM Incorporated and Walmart Inc. — 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
Walmart Inc. · Consumer Defensive
$117.18
-39.6% upside to fair value
Grade C High Quality
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 WMT
Current Price $226.11 $117.18
Fair Value Estimate $201.84 $70.81
Upside to Fair Value -10.7% -39.6%
Market Cap $238.3B $932.5B
Forward P/E 24.3x 41.1x
EV / EBITDA 17.5x 20.7x
Price / Sales 5.4x 1.3x
Price / FCF 19.1x 74.3x
Revenue Growth YoY -3.5% +7.3%
Gross Margin 54.8% 25.0%
Operating Margin 25.5% 4.2%
Return on Equity 40.2% 24.3%
Dividend Yield 0% 0%
FCF Yield 5.25% 1.35%
Analyst Consensus Hold Strong Buy
Investment Thesis
QCOM — QUALCOMM Incorporated
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…
WMT — Walmart Inc.
Walmart Inc. operates as a leading discount retailer with a strong competitive moat built on scale, cost leadership, and advanced logistics and technology infrastructure. The company benefits from a diversified revenue base with Walmart U.S. contributing 69%, International 18%, and Sam's Club 13%. Despite solid revenue growth of 7.3% and earnings growth of 25.9% in the most recent quarter, the st…
Accumulation Zones
Metric QCOM WMT
Zone Low $151.38 $53.11
Zone High $171.56 $60.19
In Buy Zone? No No
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