QCOM vs XOM: Which Is the Better Buy?

Side-by-side comparison of QUALCOMM Incorporated and Exxon Mobil Corporation — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-05-01.
QUALCOMM Incorporated · Technology
$134.47
+45.0% upside to fair value
Med Conviction Grade B
VS
Exxon Mobil Corporation · Energy
$154.46
-40.5% upside to fair value
Grade C
QuantHub Verdict
QCOM has more upside to fair value (+45.0%). XOM trades at a lower forward P/E (23.2x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric QCOM XOM
Current Price $134.47 $154.46
Fair Value Estimate $194.98 $91.87
Upside to Fair Value +45.0% -40.5%
Market Cap $143.6B $642.0B
Forward P/E 26.8x 23.2x
EV / EBITDA 10.3x
Price / Sales 3.2x 2.0x
Price / FCF 11.1x 27.2x
Revenue Growth YoY +8.7% -1.3%
Gross Margin 55.1% 21.7%
Operating Margin 27.1% 10.5%
Return on Equity 21.6% 11.0%
Dividend Yield 0%
FCF Yield 9.0% 3.68%
Analyst Consensus Hold Buy
Investment Thesis
QCOM — QUALCOMM Incorporated
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…
XOM — Exxon Mobil Corporation
Exxon Mobil Corporation operates as a global integrated oil and gas company with significant operations in upstream, energy products, chemical products, and specialty products segments. The company benefits from a highly experienced management team with decades of internal tenure, led by CEO Darren Woods. Despite strong cash flow generation and operational scale, Exxon is currently overvalued, tr…
Accumulation Zones
Metric QCOM XOM
Zone Low $146.23 $68.90
Zone High $165.73 $78.09
In Buy Zone? Yes No
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