Market Cap: 215.9646B; Mega Cap
P/E Ratio: 22.03; Fwd: 18.38
EPS (TTM): $9.3
Div. Yield: 1.80%

QC

QCOMNASDAQ— Qualcomm Incorporated Price & Analysis

Qualcomm Incorporated

TECHNOLOGY — SEMICONDUCTORS

$189.39

-$15.51-7.57%

Market Cap: 215.9646B; Mega Cap
P/E Ratio: 22.03; Fwd: 18.38
EPS (TTM): $9.3
Div. Yield: 1.80%

Technical Summary

RSI (14)42.59Neutral

SMA (50)$198.23Bearish

SMA (200)$166.46Bullish

MACD-0.9494Bearish

Bollinger$182.53 – $252.12Mid

Stochastic16.72Oversold

Theo Outlook

Qualcomm (QCOM) presents a moderately bullish thesis with a market capitalization of $199.6 billion, a trailing P/E of 20.36, forward P/E of 19.08, and trailing EPS of $9.30. Despite a -3.5% year-over-year quarterly revenue decline to $44.5 billion TTM, the company's strong 22.3% profit margin and 36.1% return on equity support valuation at current levels, positioning it for recovery in the semiconductor cycle. Key catalysts include ongoing 5G and AI chipset adoption, expansion in automotive and IoT markets, and earnings momentum from recent product launches in Snapdragon platforms. Analyst ratings show 2 strong buy and 10 buy recommendations with a $213 target price, while the upcoming June 25, 2026 dividend payment at 1.74% yield provides income support amid mobile and edge computing growth. Risks encompass regulatory scrutiny on patent licensing, intense competition from MediaTek and Samsung in semiconductors, and macro headwinds from slowing smartphone demand. Mitigations include Qualcomm's robust patent portfolio, diversification into automotive and infrastructure, and cost discipline that has sustained 12.3% operating margins through cycles. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

Theo Outlook

Qualcomm (QCOM) presents a moderately bullish thesis with a market capitalization of $199.6 billion, a trailing P/E of 20.36, forward P/E of 19.08, and trailing EPS of $9.30. Despite a -3.5% year-over-year quarterly revenue decline to $44.5 billion TTM, the company's strong 22.3% profit margin and 36.1% return on equity support valuation at current levels, positioning it for recovery in the semiconductor cycle. Key catalysts include ongoing 5G and AI chipset adoption, expansion in automotive and IoT markets, and earnings momentum from recent product launches in Snapdragon platforms. Analyst ratings show 2 strong buy and 10 buy recommendations with a $213 target price, while the upcoming June 25, 2026 dividend payment at 1.74% yield provides income support amid mobile and edge computing growth. Risks encompass regulatory scrutiny on patent licensing, intense competition from MediaTek and Samsung in semiconductors, and macro headwinds from slowing smartphone demand. Mitigations include Qualcomm's robust patent portfolio, diversification into automotive and infrastructure, and cost discipline that has sustained 12.3% operating margins through cycles. Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.

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: 44.486B
EBITDA: 12.999B
Gross Profit: 24.378B
Operating Margin: 22.1%
Profit Margin: 22.3%
ROE: 36.1%
Book Value: $25.76
Beta: 1.596
52-Wk High: $258.96
52-Wk Low: $121.54
Avg Volume: 35.9324M
PEG Ratio: 0.836

Frequently Asked Questions

What is Qualcomm's business model?

Qualcomm designs and licenses semiconductors, software, and services for wireless technology, primarily generating revenue through chip sales and patent licensing. With $44.5 billion TTM revenue and 22.3% profit margins, the model leverages its 5G/4G IP portfolio across mobile, automotive, and IoT segments.

What are Qualcomm's main revenue sources?

Revenue comes mainly from Qualcomm CDMA Technologies (QCT) chipsets and Qualcomm Technology Licensing (QTL). TTM revenue stands at $44.5 billion, with gross profit of $24.4 billion, driven by Snapdragon processors and royalty streams from mobile standards.

What competitive advantages does Qualcomm hold?

Trading Data

Open: $202.17
Previous Close: $204.9
Day Range: $186.26 – $208.86
Volume: 36.8571M
Shares Outstanding: 1.054B
Analyst Target: $213

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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: 44.486B
EBITDA: 12.999B
Gross Profit: 24.378B
Operating Margin: 22.1%
Profit Margin: 22.3%
ROE: 36.1%
Book Value: $25.76
Beta: 1.596
52-Wk High: $258.96
52-Wk Low: $121.54
Avg Volume: 35.9324M
PEG Ratio: 0.836

Frequently Asked Questions

What is Qualcomm's business model?

Qualcomm designs and licenses semiconductors, software, and services for wireless technology, primarily generating revenue through chip sales and patent licensing. With $44.5 billion TTM revenue and 22.3% profit margins, the model leverages its 5G/4G IP portfolio across mobile, automotive, and IoT segments.

What are Qualcomm's main revenue sources?

Revenue comes mainly from Qualcomm CDMA Technologies (QCT) chipsets and Qualcomm Technology Licensing (QTL). TTM revenue stands at $44.5 billion, with gross profit of $24.4 billion, driven by Snapdragon processors and royalty streams from mobile standards.

What competitive advantages does Qualcomm hold?

Qualcomm's moat stems from its extensive patent portfolio essential for 5G and prior standards, plus leadership in mobile SoCs. A 20.36 trailing P/E and 36.1% ROE reflect pricing power, supported by 84.9% institutional ownership and a $213 analyst target price.

What are the key risks for QCOM investors?

Primary risks include regulatory challenges to licensing, competition in chips, and cyclical smartphone demand. The stock's 1.74% dividend yield and June 25, 2026 payment date offer some buffer, while beta of 1.60 signals higher volatility than the market.

What is Qualcomm's growth outlook?

Growth is tied to 5G expansion, AI edge computing, and automotive adoption, with forward P/E at 19.08 suggesting upside from current levels. Quarterly revenue dipped 3.5% YoY but earnings growth of 1.73% and strong analyst buy ratings point to recovery potential into 2026.