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QUALCOMM Incorporated

NasdaqGS:QCOM Stock Report

Market Cap: US$165.1b

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
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends5/6

Rewards

Trading at 36.3% below our estimate of its fair value

Earnings grew by 30% over the past year

Pays a reliable dividend of 2.3%

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for QCOM from our risk checks.

QCOM Community Fair Values

Create Narrative

See what 945 others think this stock is worth. Follow their fair value or set your own to get alerts.

QCOM logo
QUALCOMM
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 28 Analysts

Snapdragon, 5G And AI Will Expand Automotive And IoT Opportunities

Key Takeaways Expansion into automotive and IoT, with strategic acquisitions, is poised to significantly boost revenue and margins by fiscal 2029. Deployment of advanced Snapdragon platforms for Android devices and PCs will enhance connectivity and support handset revenue growth.
View narrative
US$176.74
FV
12.4% undervalued intrinsic discount
2.38%
Revenue growth p.a.
8users have liked this narrative
0users have commented on this narrative
502users have followed this narrative
3 days ago author updated this narrative
QCOM logo
QUALCOMM
AN
AnalystLowTarget
AnalystLowTarget
Consensus Narrative from 28 Analysts

Global Tensions And Sovereignty Trends Will Erode Value

Key Takeaways Worsening US-China tensions and increased localization threaten Qualcomm's revenue, market share, and licensing profitability due to shrinking international demand and intensified competition. Rising client vertical integration and adoption of open-source architectures undermine chip sales, royalty streams, and net margins, increasing risks of margin compression and obsolescence.
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US$140.00
FV
10.6% overvalued intrinsic discount
0.10%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
2 days ago author updated this narrative
QCOM logo
QUALCOMM
YI
yiannisz
Community Contributor

Why Qualcomm’s Growth Is Just Starting

Strong Start to FY2025: Record Revenues and EPS Growth Qualcomm (QCOM) started off on a strong note in Fiscal Year 2025 by posting historic revenues of $11.7 billion, up 18% year-on-year (YoY). The company's top-line performance was driven by strong performances by its key business units, led by revenues of $10.1 billion by QCT (Qualcomm CDMA Technologies).
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US$300.00
FV
48.4% undervalued intrinsic discount
20.08%
Revenue growth p.a.
24users have liked this narrative
11users have commented on this narrative
89users have followed this narrative
5 months ago author updated this narrative
QCOM logo
QUALCOMM
AN
AnalystHighTarget
AnalystHighTarget
Consensus Narrative from 28 Analysts

5G And Edge AI Will Energize Connected Ecosystems

Key Takeaways Rapid expansion in automotive, IoT, and PC segments, combined with leadership in on-device AI, positions Qualcomm for above-industry-average earnings growth and margin improvement. Dominant patent portfolio and supply chain resilience provide robust downside protection, supporting stability and premium valuation amid industry and economic shifts.
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US$216.79
FV
28.6% undervalued intrinsic discount
5.75%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
6 days ago author updated this narrative
View QUALCOMM Community

QUALCOMM Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for QUALCOMM
Historical stock prices
Current Share PriceUS$154.80
52 Week HighUS$196.24
52 Week LowUS$120.80
Beta1.27
1 Month Change0.76%
3 Month Change13.27%
1 Year Change-16.87%
3 Year Change0.72%
5 Year Change74.15%
Change since IPO27,420.00%

Recent News & Updates

Qualcomm And Its Real Value

Jul 17

Recent updates

Qualcomm And Its Real Value

Jul 17

QUALCOMM (NASDAQ:QCOM) Is Increasing Its Dividend To $0.89

May 06
QUALCOMM (NASDAQ:QCOM) Is Increasing Its Dividend To $0.89

Qualcomm: Cheap For A Reason

Apr 28

Why Qualcomm Stock Is A Buy Before Q2 Earnings Release

Apr 22

Qualcomm: Raising My Price Target Despite The AI Growth Story In Question

Mar 18

We Think QUALCOMM (NASDAQ:QCOM) Can Manage Its Debt With Ease

Mar 17
We Think QUALCOMM (NASDAQ:QCOM) Can Manage Its Debt With Ease
author-image

Why Qualcomm’s Growth Is Just Starting

Strong Start to FY2025: Record Revenues and EPS GrowthQualcomm (QCOM) started off on a strong note in Fiscal Year 2025 by posting historic revenues of $11.7 billion, up 18% year-on-year (YoY). The com

Qualcomm: Moving Beyond Apple

Feb 13

Qualcomm: Prime Position For Growth

Feb 03

Qualcomm: Riding The AI Wave

Jan 17

Why Qualcomm's Future Isn't Just Phones

Jan 08

QUALCOMML: Edge-AI Computing Is Sneaking Up Everywhere

Dec 26

Qualcomm Stock Is Ready To Break Out (Technical Analysis)

Dec 03

Qualcomm: Take Time To Savor Its AI Gains

Nov 27

Qualcomm: Why I'm Bullish On Both Fundamental And Technical Indicators

Nov 18

Qualcomm Q4: Strong Growth With $15 Billion Stock Repurchase Authorization

Nov 07

What Is QUALCOMM Incorporated's (NASDAQ:QCOM) Share Price Doing?

Nov 03
What Is QUALCOMM Incorporated's (NASDAQ:QCOM) Share Price Doing?

Qualcomm: License Dispute Will Pass

Oct 24

Some Investors May Be Worried About QUALCOMM's (NASDAQ:QCOM) Returns On Capital

Oct 10
Some Investors May Be Worried About QUALCOMM's (NASDAQ:QCOM) Returns On Capital

Qualcomm: Buy The Drop (Rating Upgrade)

Oct 07

QUALCOMM (NasdaqGS:QCOM) Capitalizes on AI and Automotive Growth Amid Huawei Export License Challenge

Sep 16
QUALCOMM (NasdaqGS:QCOM) Capitalizes on AI and Automotive Growth Amid Huawei Export License Challenge

Qualcomm: The AI Growth Inflection Point Is Close (Rating Upgrade)

Sep 13

What You Can Learn From QUALCOMM Incorporated's (NASDAQ:QCOM) P/E

Sep 07
What You Can Learn From QUALCOMM Incorporated's (NASDAQ:QCOM) P/E

Qualcomm: Strong Tailwinds Can Prove Naysayers Wrong

Aug 31

Qualcomm Is Here To Stay

Aug 22
author-image

Qualcomm's Strategic Diversification And AI Innovation Propel Revenue Growth Across Sectors

Diversification into automotive and IoT, along with significant growth in AI-driven PC markets, positions Qualcomm for revenue increases beyond traditional handsets.

Qualcomm: Navigating Its Post-Earnings Dip - A Compelling Investment Opportunity

Aug 13

The QUALCOMM Incorporated (NASDAQ:QCOM) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Aug 02
The QUALCOMM Incorporated (NASDAQ:QCOM) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Qualcomm: Heading Back Up

Aug 01

Qualcomm's Future: Potential Upside In Automotive And Edge AI

Jul 25

Everybody Loves Qualcomm V 2.0. Reiterating Buy

Jul 16

Qualcomm: Huawei And Samsung News And Current Outlook

Jul 03

Qualcomm: Generative AI And Impressive Diversification Signal A New Era Of Growth

Jun 22

Qualcomm: Key Implications From Apple's AI Announcements

Jun 12

Computex Chronicles Part 4: Qualcomm Reinforces Copilot+ PC Benefits

Jun 04

Qualcomm: Continues Surging Higher (Technical Analysis)

May 27

Shareholder Returns

QCOMUS SemiconductorUS Market
7D-1.7%3.1%1.0%
1Y-16.9%32.0%15.0%

Return vs Industry: QCOM underperformed the US Semiconductor industry which returned 32% over the past year.

Return vs Market: QCOM underperformed the US Market which returned 15% over the past year.

Price Volatility

Is QCOM's price volatile compared to industry and market?
QCOM volatility
QCOM Average Weekly Movement4.5%
Semiconductor Industry Average Movement7.5%
Market Average Movement6.4%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: QCOM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198549,000Cristiano 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 advanced connectivity and high-performance, and low-power 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 capUS$165.08b
Earnings (TTM)US$11.02b
Revenue (TTM)US$42.29b
15.2x
P/E Ratio
4.0x
P/S Ratio

Is QCOM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QCOM income statement (TTM)
RevenueUS$42.29b
Cost of RevenueUS$18.74b
Gross ProfitUS$23.55b
Other ExpensesUS$12.53b
EarningsUS$11.02b

Last Reported Earnings

Mar 30, 2025

Next Earnings Date

Jul 30, 2025

Earnings per share (EPS)10.18
Gross Margin55.68%
Net Profit Margin26.05%
Debt/Equity Ratio52.7%

How did QCOM perform over the long term?

See historical performance and comparison

Dividends

2.3%
Current Dividend Yield
34%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/18 23:01
End of Day Share Price 2025/07/18 00:00
Earnings2025/03/30
Annual Earnings2024/09/29

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 86 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
Warren LauAletheia Analyst Network Limited
Brett SimpsonArete Research Services LLP
James KelleherArgus Research Company