QCOMNASDAQ— QUALCOMM Incorporated Price & Analysis

QUALCOMM Incorporated

TECHNOLOGY — SEMICONDUCTORS

$156.58

-$16.61-9.59%

Market Cap: $169.06B; Large Cap
P/E Ratio: 12.45; Fwd: 15.81
EPS (TTM): $12.71
Div. Yield: 2.29%

Technical Summary

RSI (14)37.53Neutral

SMA (50)$178.00Bearish

SMA (200)$168.55Bearish

MACD-3.5357Bearish

Bollinger$159.67 – $188.26Lower

Stochastic29.88Neutral

Theo Outlook

QUALCOMM Incorporated develops and brings to market fundamental technologies for the global wireless communication industry through three segments: Qualcomm CDMA Technologies for integrated circuits and system software, Qualcomm Technology Licensing for its intellectual property portfolio, and Qualcomm Strategic Initiatives for investments in early-stage companies. For the trailing twelve months, the company reported revenue of $43.12 billion, a profit margin of 31.6%, earnings per share of $12.71, and a market capitalization of $169.06 billion as of the latest quarter ended September 27, 2026.

Bull case: return on equity reached 50.28% and return on assets 22.4% on a trailing twelve months basis, with gross profit of $22.90 billion. Bear case: quarterly earnings declined 27.67% year over year and quarterly revenue fell 8.42% year over year.

Main risks include exposure to cyclical semiconductor demand and technology licensing disputes. The next dated event is the ex-dividend date of December 3, 2026. Analysis generated by HeyTheo AI from company and market data. It may be incomplete or inaccurate.

Analysis generated by HeyTheo AI on Nov 5, 2026.

Company Overview

QUALCOMM Incorporated is a company dedicated to developing and bringing to market fundamental technologies crucial for the global wireless communication industry. Its operations are structured into three primary segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT division specializes in creating and supplying integrated circuits and system software, leveraging 3G, 4G, 5G, and other advanced wireless technologies. These components are essential for a range of products, including those used for wireless voice and data communication, networking, application processing, multimedia, and global positioning. The QTL segment generates revenue by licensing its extensive intellectual property portfolio, which encompasses various patent rights vital for the manufacture and sale of wireless devices, particularly those adhering to standards like CDMA2000, WCDMA, LTE, and OFDMA-based 5G. Through its QSI segment, Qualcomm invests in early-stage companies across diverse sectors such as 5G, artificial intelligence, automotive, consumer electronics, enterprise solutions, cloud computing, and the Internet of Things, aiming to support the introduction of new products and services for both existing and emerging communication applications. Furthermore, the company provides development services and related products to United States government agencies and their contractors. Founded in 1985, QUALCOMM Incorporated maintains its headquarters in San Diego, California.

Fundamental Snapshot

Revenue: $43.12B
EBITDA: $11.73B
Gross Profit: $22.90B
Operating Margin: 20.1%
Profit Margin: 31.6%
ROE: 50.3%
Book Value: $28.66
Beta: 1.7
52-Wk High: $259.92
52-Wk Low: $121.99
Volume: 32.86M
PEG Ratio: 0.49

Frequently Asked Questions

What does Qualcomm do?

QUALCOMM Incorporated develops and brings to market fundamental technologies for the global wireless communication industry. Its operations are structured into three primary segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives, as described in company and market data.

Where does Qualcomm's revenue come from?

Revenue comes primarily from the Qualcomm CDMA Technologies segment through sales of integrated circuits and system software, and from the Qualcomm Technology Licensing segment through licensing of its intellectual property portfolio. For the trailing twelve months ended with the latest quarter of September 27, 2026, total revenue reached $43.12 billion.

How does Qualcomm compete?

Qualcomm competes through its extensive patent portfolio in wireless standards such as CDMA2000, WCDMA, LTE, and 5G, along with integrated circuit design for mobile and networking applications. Trailing twelve months return on equity stood at 50.28% and operating margin at 20.08% as of the latest quarter ended September 27, 2026.

What are the main risks for Qualcomm?

Main risks include cyclical demand in the semiconductor industry and potential disputes over technology licensing. Quarterly earnings declined 27.67% year over year and quarterly revenue fell 8.42% year over year in the latest reported period ended September 27, 2026.

How is Qualcomm valued?

Trailing twelve months price to earnings ratio is 12.45, forward price to earnings ratio is 15.81, price to sales ratio is 3.92, and price to book ratio is 5.52, all as of the latest quarter ended September 27, 2026. Enterprise value to revenue is 3.96 and enterprise value to EBITDA is 14.54 on the same basis.