QCOMNASDAQ— Qualcomm Incorporated Price & Analysis

Qualcomm Incorporated

TECHNOLOGY — SEMICONDUCTORS

$168.74

+$0.17+0.10%

Market Cap: $180.04B; Large Cap
P/E Ratio: 19.42; Fwd: 16.47
EPS (TTM): $8.68
Div. Yield: 2.12%

Technical Summary

RSI (14)54.23Neutral

SMA (50)$168.43Bullish

SMA (200)$166.12Bullish

MACD-0.0349Bullish

Bollinger$156.30 – $170.14Mid

Stochastic88.55Overbought

Theo Outlook

Qualcomm (QCOM) offers a measured investment case with a trailing P/E ratio of 19.26, market capitalization of $180.22 billion, and TTM revenue of $44.07 billion despite a -4% quarterly revenue decline year-over-year. The company delivers a solid EPS of $8.76 and a 2.13% dividend yield, with analysts setting a target price of $193.10 against the 50-day moving average of $169.31, indicating potential upside amid stabilizing semiconductor demand. Key catalysts center on Qualcomm's leadership in 5G patents and wireless technology, fueling licensing revenue growth alongside new product launches in AI, automotive, and IoT segments. Earnings momentum benefits from expanded market reach in emerging regions and strategic partnerships with leading smartphone and infrastructure providers, supporting long-term positioning in next-generation connectivity standards. Regulatory risks from antitrust scrutiny on patent licensing, competitive pressures from chipmakers like MediaTek, and macro headwinds including trade tensions or supply disruptions pose challenges. These are mitigated through revenue diversification across chipsets and licensing, sustained R&D spending, and adaptive supply-chain strategies to maintain resilience. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Analysis generated by HeyTheo AI on Sep 7, 2026.

Company Overview

Qualcomm is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. It creates semiconductors, software, and services related to wireless technology. It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards.

Fundamental Snapshot

Revenue: $44.07B
EBITDA: $12.00B
Gross Profit: $23.90B
Operating Margin: 18.5%
Profit Margin: 21.0%
ROE: 33.8%
Book Value: $26.17
Beta: 1.66
52-Wk High: $257.56
52-Wk Low: $120.88
Avg Volume: 8.48M
PEG Ratio: 0.74

Frequently Asked Questions

What is Qualcomm's business model?

Qualcomm designs and markets semiconductors, software, and services for wireless technology while licensing critical patents for 5G, 4G, and other mobile standards. Its dual model combines hardware sales through the QCT segment with high-margin licensing via QTL, generating $44.07 billion in TTM revenue.

What are Qualcomm's main revenue sources?

Revenue primarily comes from semiconductor chipsets for mobile devices, automotive, and IoT, plus patent licensing fees. TTM revenue stands at $44.07 billion, with gross profit of $23.90 billion and a profit margin of 21%.

What are Qualcomm's key competitive advantages?

Qualcomm holds essential patents in CDMA, WCDMA, and 5G standards, creating a strong moat in wireless connectivity. Its R&D focus and partnerships with major device makers support a 33.8% return on equity and leadership in next-gen technologies.

What are the main risks for Qualcomm investors?

Key risks include regulatory actions on licensing practices, competition from other semiconductor firms, and macro factors like trade disputes. The stock trades at a trailing P/E of 19.26 with a 2.13% dividend yield, and the next dividend is payable September 24, 2026.

What is Qualcomm's growth outlook?

Analysts project upside to a $193.10 target price with a forward P/E of 16.67, driven by 5G expansion and AI integration. Latest quarter ended June 30, 2026, showed resilience despite -4% revenue growth, positioning the company for long-term gains in wireless markets.