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 2026-04-16.
QUALCOMM Incorporated · Technology
$134.47
+77.7% upside to fair value
Med Conviction Grade B
VS
Exxon Mobil Corporation · Energy
$152.30
-33.0% upside to fair value
Med Conviction Grade C+
QuantHub Verdict
QCOM has more upside to fair value (+77.7%). XOM trades at a lower forward P/E (17.5x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric QCOM XOM
Current Price $134.47 $152.30
Fair Value Estimate $239.00 $102.00
Upside to Fair Value +77.7% -33.0%
Market Cap $143.6B $634.6B
Forward P/E 26.8x 17.5x
EV / EBITDA 9.8x
Price / Sales 3.2x 2.0x
Price / FCF 11.1x 26.9x
Revenue Growth YoY +8.7% -4.5%
Gross Margin 55.1% 21.7%
Operating Margin 27.1% 10.5%
Return on Equity 21.6% 11.1%
Dividend Yield 2.65%
FCF Yield 9.0% 3.72%
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 is a world-class integrated energy supermajor with unmatched Permian Basin scale following the Pioneer Natural Resources acquisition, a high-margin Guyana growth engine, and disciplined capital allocation. However, the stock remains significantly overvalued relative to its own 5-year history on every key metric. At $152, XOM trades at roughly 22x trailing earnings, 1.96x sales, and 27…
Accumulation Zones
Metric QCOM XOM
Zone Low $179.00 $77.00
Zone High $203.00 $92.00
In Buy Zone? Yes No
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