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QUALCOMM IncorporatedTSX:QCOM Stock Report

Market Cap CA$238.8b
Share Price
n/a
1Y11.1%
7D13.2%
1D4.7%
Portfolio Value
View

QUALCOMM Incorporated

TSX:QCOM Stock Report

Market Cap: CA$238.8b

QUALCOMM (QCOM) Stock Overview

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide. More details

QCOM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Last Earnings Call

Q3 2026 · 29 Jul 2026
Full Transcript

Qualcomm’s Q3 2026 earnings were a mix of a revenue beat and an earnings miss. The company reported revenue of $9.95 billion, beating the analyst consensus of approximately $9.67 billion–$9.71 billion. However, non-GAAP EPS of $2.21 missed the consensus estimate of $2.22.

Management highlighted record automotive revenue ($1.6 billion, +61% YoY) and solid growth in IoT. However, financial performance was pressured by a 20% decline in handset revenue due to memory supply constraints. Qualcomm raised its fiscal 2029 non-handset revenue target to $40 billion and expects growth in this segment to exceed 60% in fiscal 2027. Management also warned of an accelerated decline in Apple modem revenue, which is expected to drop significantly in the December quarter as Qualcomm’s share of upcoming iPhone launches falls materially below its prior 20% forecast.

Market Reaction

Qualcomm shares fell nearly 6% to 8% in after-hours trading on July 29, 2026. Analysts cited the earnings miss, weak Q4 guidance, persistent memory supply constraints, and the accelerated decline in Apple-related revenue as the primary drivers for the negative market sentiment.

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QUALCOMM Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for QUALCOMM
Historical stock prices
Current Share PriceUS$21.80
52 Week HighUS$33.84
52 Week LowUS$15.99
Beta1.66
1 Month Change-10.18%
3 Month Change-23.80%
1 Year Change11.11%
3 Year Changen/a
5 Year Changen/a
Change since IPO-3.80%

Recent News & Updates

Recent updates

Seeking Alpha May 12

Qualcomm: High Growth Revenue In High Growth Markets

Summary Qualcomm (QCOM) is diversifying beyond Handsets, driven by a seamless Automotive execution. Doing a DCF-valuation gives us an average price target of $235.5, or a 7.5% upside from current price. QCOM has considerably beaten its revenue projections for Automotive&IoT, and it has also identified key trends that will help boost its growth, like PCs processing need for agentic AI orchestration. Handsets subsegment faces near-term headwinds from DRAM shortages, but management guided for a quicker recovery than expected, bottoming in Q3-2026 and then resuming growth. Geopolitical risks and customer vertical integration remain key threats, but segment diversification should support multiple expansion if growth targets are met. Read the full article on Seeking Alpha

Shareholder Returns

QCOMCA SemiconductorCA Market
7D13.2%9.7%2.2%
1Y11.1%62.4%31.2%

Return vs Industry: QCOM underperformed the Canadian Semiconductor industry which returned 59.8% over the past year.

Return vs Market: QCOM underperformed the Canadian Market which returned 30.8% over the past year.

Price Volatility

Is QCOM's price volatile compared to industry and market?
QCOM volatility
QCOM Average Weekly Movement10.8%
Semiconductor Industry Average Movement13.5%
Market Average Movement9.7%
10% most volatile stocks in CA Market16.1%
10% least volatile stocks in CA Market3.7%

Stable Share Price: QCOM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: QCOM's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198552,000Cristiano Amonwww.qualcomm.com

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software with connectivity and computing technologies for use in mobile devices; automotive systems for connectivity, digital cockpit, and ADAS/AD; and IoT, including consumer electronic devices, industrial devices, and edge networking products.

QUALCOMM Incorporated Fundamentals Summary

How do QUALCOMM's earnings and revenue compare to its market cap?
QCOM fundamental statistics
Market capCA$238.85b
Earnings (TTM)CA$12.91b
Revenue (TTM)CA$61.44b
19.4x
P/E Ratio
4.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QCOM income statement (TTM)
RevenueUS$44.07b
Cost of RevenueUS$20.17b
Gross ProfitUS$23.90b
Other ExpensesUS$14.64b
EarningsUS$9.26b

Last Reported Earnings

Jun 28, 2026

Next Earnings Date

n/a

Earnings per share (EPS)8.67
Gross Margin54.23%
Net Profit Margin21.01%
Debt/Equity Ratio55.2%

How did QCOM perform over the long term?

See historical performance and comparison

Dividends

2.2%
Current Dividend Yield
41%
Payout Ratio

Does QCOM pay a reliable dividends?

See QCOM dividend history and benchmarks
When do you need to buy QCOM by to receive an upcoming dividend?
QUALCOMM dividend dates
Ex Dividend DateSep 03 2026
Dividend Pay DateOct 02 2026
Days until Ex dividend25 days
Days until Dividend pay date54 days

Does QCOM pay a reliable dividends?

See QCOM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/07 12:15
End of Day Share Price 2026/08/07 00:00
Earnings2026/06/28
Annual Earnings2025/09/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

QUALCOMM Incorporated is covered by 73 analysts. 32 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
S. H. LinAletheia Analyst Network Limited
Warren LauAletheia Analyst Network Limited
Stefan ChangAletheia Analyst Network Limited