QUALCOMM Management
Management criteria checks 3/4
QUALCOMM's CEO is Cristiano Amon, appointed in Jan 2018, has a tenure of 8.5 years. total yearly compensation is $29.70M, comprised of 4.5% salary and 95.5% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth $30.34M. The average tenure of the management team and the board of directors is 4.7 years and 6.2 years respectively.
Key information
Cristiano Amon
Chief executive officer
US$29.7m
Total compensation
| CEO salary percentage | 4.55% |
| CEO tenure | 8.5yrs |
| CEO ownership | 0.02% |
| Management average tenure | 4.7yrs |
| Board average tenure | 6.2yrs |
Recent management updates
Recent updates
Seeking Alpha • 15h
Qualcomm's Automotive Growth Supports The Buy Case
Summary Qualcomm remains a buy, trading at 12.9x forward GAAP earnings, well below sector and historical averages, despite cyclical handset weakness. QCT's pivot to automotive and IoT is accelerating, with combined revenues up 61% and 9% year-over-year, supporting the $40B non-handset revenue target by FY2029. The Handset segment faces a 20% revenue drop due to memory supply constraints, but margins remain resilient, and cash returns to shareholders are robust. Risks include customer concentration, Apple’s in-sourcing, China exposure, and Taiwan supply chain, but valuation offers downside support and upside on recovery. Read the full article on Seeking Alpha
Narrative Update • Jul 22
QCOM: AI Data Center Expansion Will Rebalance Handset And Index Headwinds
The updated analyst price target for Qualcomm rises from $168.50 to $221.23. Analysts point to higher modeled revenue growth, a richer future P/E assumption around AI data center and non-handset opportunities, and a slightly higher discount rate that reflects execution and competitive risks highlighted across recent research.
Narrative Update • Jul 08
QCOM: AI Data Center Ambitions Will Not Offset Handset Downturn Risks
QUALCOMM's analyst fair value estimate has been lifted from $100 to about $130 as analysts factor in higher long term revenue growth and profit margins supported by the company's expanded AI data center and non handset ambitions, while maintaining a similar future P/E profile and slightly higher risk assumptions. Analyst Commentary Recent research on Qualcomm reflects a wide range of views, with many firms responding directly to the company's expanded AI data center plans and larger non handset revenue targets.
Narrative Update • Jun 24
QCOM: AI Data Center ASIC Deals Will Drive Future Rerating
Analysts have nudged the Qualcomm fair value estimate higher to $272.17 from $257.08, reflecting updated assumptions that factor in slightly higher long-term revenue growth, a marginally higher discount rate, and a modestly richer future P/E multiple tied to the company's push into broader AI compute markets beyond handsets. Analyst Commentary Recent Street research around Qualcomm centers on how far the company can extend beyond its handset roots and build a broader AI compute business spanning edge devices, automotive and IoT, and data center.Narrative Update • Jun 04
QCOM: AI Data Center Wins Will Not Offset Smartphone And Apple Risks
QUALCOMM's analyst fair value estimate has been reset from $132 to $100 as analysts factor in higher perceived risk, softer revenue growth assumptions, and lower projected profit margins, even while some on the Street continue to lift long term price targets tied to AI and semiconductor demand themes. Analyst Commentary Recent Street research shows a split view on QUALCOMM, with some firms lifting long term targets tied to AI and semiconductor themes while others flag valuation, execution, and end market risks.Narrative Update • May 21
QCOM: AI Data Center Opportunity Will Drive Future Re Rating
Analysts have raised the fair value estimate for Qualcomm to $257.08 from $195.77, citing higher Street price targets around $200 to $220 and a growing focus on the stock's exposure to AI and data center opportunities, even as some remain cautious about handset and Apple-related headwinds. Analyst Commentary Recent Street research on Qualcomm shows a split tape, with some firms turning more cautious on handset exposure while others highlight AI and data center potential as key parts of the story.Narrative Update • May 02
QCOM: Data Center And On Device AI Will Rebalance Handset Exposure
QUALCOMM's updated analyst price target of $168.50, up from $154.93, reflects analysts incorporating modestly higher revenue growth assumptions, a slightly lower discount rate, a higher future P/E multiple, and a small adjustment to profit margin expectations in light of the recent wave of target hikes and upgrades across major firms. Analyst Commentary Recent Street research on QUALCOMM shows a wide range of views, with several firms raising price targets or upgrading ratings and others cutting targets or moving to more cautious stances.Narrative Update • Apr 18
QCOM: Diversification Into Automotive IoT And Data Center Will Drive Re Rating
Analysts trimmed their Qualcomm fair value estimate to about $196 from roughly $216, reflecting lower modeled revenue growth, a higher discount rate, and mixed views on smartphone demand, even as investors remain interested in the company’s profitability and diversification efforts. Analyst Commentary Recent Street research on Qualcomm points to a mixed backdrop, but there are several constructive themes emerging around diversification, data center exposure, and longer term growth drivers outside of core handsets.Narrative Update • Apr 04
QCOM: Data Center AI Inference Will Offset Handset Weakness Over Time
Analysts have trimmed their QUALCOMM fair value estimate by about $2 to roughly $155, as a series of price target cuts and downgrades, partly offset by a few upgrades highlighting potential in data center and diversification beyond handsets, feeds into slightly lower revenue growth, profit margin, and future P/E assumptions. Analyst Commentary Recent research on QUALCOMM has turned more mixed, with several firms trimming ratings and price targets while a smaller group highlights potential upside tied to diversification and data center exposure.Narrative Update • Mar 21
QCOM: AI Inference And Diversification Will Offset Handset And Apple Headwinds
QUALCOMM's analyst fair value estimate has been reset from about $193 to about $157 as analysts factor in a slightly higher discount rate, more cautious profit margin expectations, and recent downgrades citing share loss in a shrinking handset market and the expected roll off of Apple business. Analyst Commentary Recent Street research around QUALCOMM is mixed, with a cluster of cautious calls focused on handset exposure and Apple concentration, and a smaller group of more optimistic views pointing to diversification and new revenue pools.Narrative Update • Mar 07
QCOM: AI Data Center And Advanced Nodes Will Balance Handset Risks
Analysts have nudged their long term price framework for Qualcomm slightly lower, trimming the future P/E assumption from 16.92x to 16.65x and modestly adjusting growth. They still point to potential upside in areas like AI data center, automotive and IoT as handset headwinds are reassessed across the Street.Narrative Update • Feb 21
QCOM: AI And Advanced Node Progress Will Offset Handset And iPhone Content Risks
Analysts have lowered their fair value estimate for Qualcomm to $132 from $134, reflecting a series of recent price target cuts that rely on more cautious revenue growth assumptions, while projected profit margins and future P/E remain roughly unchanged. Analyst Commentary Recent Street research on Qualcomm has tilted more cautious, with a cluster of downgrades and price target trims pointing to increased concern about execution and growth risk in the handset business and related earnings power.Narrative Update • Feb 07
QCOM: AI And Advanced Node Efforts Will Counter Handset Cycle Concerns
Analysts have trimmed their price targets on QUALCOMM, bringing our fair value estimate down to US$134.00 from about US$157.50. This reflects more cautious assumptions on revenue growth, profit margins, and future P/E after a series of target cuts and downgrades tied to handset market concerns.Narrative Update • Jan 23
QCOM: Future AI Data Center And Android Strength Will Offset Handset Uncertainty
Analysts have trimmed their fair value estimate for Qualcomm to about US$157.50 from roughly US$159.45. This reflects slightly higher discount rate assumptions and updated views on revenue growth, margins, and future P/E multiples, following mixed price target moves and a broader reassessment of the company's handset and AI accelerator opportunities.Narrative Update • Jan 09
QCOM: Premium Android Execution And AI Infrastructure Optionality Will Shape Balanced Outcomes
Analysts have nudged their fair value estimate for Qualcomm slightly higher to about $193, citing refreshed models that reflect recent price target increases following broad-based QCT strength, expanding premium-tier Android exposure, and growing attention on the company’s AI accelerator and data center opportunities. Analyst Commentary Recent Street research around Qualcomm highlights a mix of enthusiasm around execution in premium Android and AI, alongside caution on broader semiconductor sentiment and AI expectations.Narrative Update • Dec 25
QCOM: Future AI And Android Momentum Will Balance Legal And Regulatory Risks
Analysts have raised their intrinsic value estimate for Qualcomm shares to approximately $159 from about $140, reflecting stronger expected top line growth, modestly higher margins, and increasing confidence that AI driven demand and premium Android share gains will support a richer earnings profile over time, despite a slightly higher perceived risk. Analyst Commentary Recent Street research on Qualcomm reflects a generally constructive view on the company, particularly around premium Android strength, AI exposure, and diversification beyond handsets.Narrative Update • Dec 11
QCOM: Premium Android Strength And Emerging AI Inference Will Drive Balanced Future Outcomes
Analysts have modestly raised their price target on Qualcomm to about $205, citing broad based strength in premium Android handsets, autos and IoT; a solid earnings beat; and growing optionality from the company’s emerging AI and data center accelerator initiatives. Analyst Commentary Bullish analysts see Qualcomm's latest quarter as reinforcing a multi year growth narrative, with upside driven by premium Android share gains, expanding auto and IoT businesses, and early traction in AI accelerators.Narrative Update • Nov 26
QCOM: Premium Android Demand And AI Expansion Will Drive Future Gains Despite Risks
QUALCOMM's analyst price target has increased modestly from $187.71 to $191.80, as analysts cite stronger than expected premium Android performance, resilient profit margins, and optimism surrounding the company's AI initiatives and diversified growth outlook. Analyst Commentary Recent analyst notes on QUALCOMM provide a nuanced outlook, highlighting both encouraging developments and lingering uncertainties for the company’s growth and valuation prospects.Narrative Update • Nov 10
QCOM: Premium Android Demand And AI Expansion Will Balance Competitive Risks Ahead
The fair value estimate for QUALCOMM has been raised from $179.67 to $187.71. Analysts cite recent healthy results, robust demand for premium Android devices, success in new product launches, and expanding opportunities in AI and diversified end markets as reasons for this increase.
Narrative Update • Oct 29
At a Discount Today, QUALCOMM Will Connect the Intelligent World of Tomorrow
In addition to edge computing, recent developments show that there are also opportunities for QCOM to leverage their expertise in energy & cooling efficiency within data centers - their new rack series is well positioned to be a highly efficient and low cost NPU, plenty of opportunity to be selected on anything besides training models. Deals with HUMAIN, IRDM, and other companies along with this NPU use in data centers alongside the prior items outlined (I.e. edge computing) give me even further optimism.Narrative Update • Oct 27
AI Momentum And Datacenter Deals Will Drive Broader Market Confidence Ahead
QUALCOMM's analyst price target has edged up from $177.71 to $179.67 per share as analysts cite building momentum from new AI product launches, expanding datacenter partnerships, and growing confidence in the company's ongoing strategic transformation. Analyst Commentary Analyst opinions remain mixed following Qualcomm's recent AI announcements, with both optimism and caution reflected in the latest research notes.Narrative Update • Sep 04
AI, IoT And Data Center Expansion Will Unlock Future Upside
Analysts maintain a stable price target for QUALCOMM at $177.71, supported by optimism in diversification into automotive, AI, and IoT despite conservative near-term guidance, as recent results slightly exceeded expectations and management’s transformation efforts bolster confidence in future growth. Analyst Commentary Bullish analysts highlight building momentum from emerging opportunities in advanced driver-assistance systems, robotics, personal AI devices, datacenter, and industrial automation, forecasting stronger fundamentals starting fiscal 2027.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 28 2026 | n/a | n/a | US$9b |
| Mar 29 2026 | n/a | n/a | US$10b |
| Dec 28 2025 | n/a | n/a | US$5b |
| Sep 28 2025 | US$30m | US$1m | US$6b |
| Jun 29 2025 | n/a | n/a | US$12b |
| Mar 30 2025 | n/a | n/a | US$11b |
| Dec 29 2024 | n/a | n/a | US$10b |
| Sep 29 2024 | US$26m | US$1m | US$10b |
| Jun 23 2024 | n/a | n/a | US$9b |
| Mar 24 2024 | n/a | n/a | US$8b |
| Dec 24 2023 | n/a | n/a | US$8b |
| Sep 24 2023 | US$23m | US$1m | US$7b |
| Jun 25 2023 | n/a | n/a | US$9b |
| Mar 26 2023 | n/a | n/a | US$11b |
| Dec 25 2022 | n/a | n/a | US$12b |
| Sep 25 2022 | US$5m | US$1m | US$13b |
| Jun 26 2022 | n/a | n/a | US$13b |
| Mar 27 2022 | n/a | n/a | US$11b |
| Dec 26 2021 | n/a | n/a | US$10b |
| Sep 26 2021 | US$21m | US$1m | US$9b |
| Jun 27 2021 | n/a | n/a | US$9b |
| Mar 28 2021 | n/a | n/a | US$8b |
| Dec 27 2020 | n/a | n/a | US$7b |
| Sep 27 2020 | US$15m | US$1m | US$5b |
| Jun 28 2020 | n/a | n/a | US$3b |
| Mar 29 2020 | n/a | n/a | US$4b |
| Dec 29 2019 | n/a | n/a | US$4b |
| Sep 29 2019 | US$13m | US$1m | US$4b |
Compensation vs Market: Cristiano's total compensation ($USD29.70M) is above average for companies of similar size in the US market ($USD14.63M).
Compensation vs Earnings: Cristiano's compensation has been consistent with company performance over the past year.
CEO
Cristiano Amon (56 yo)
8.5yrs
Tenure
US$29,701,097
Compensation
Mr. Cristiano Renno Amon serves as an Independent Director since October 2023 at Adobe Inc. He has been Chief Executive Officer of QUALCOMM Incorporated since June 30, 2021 and Director since June 30, 2021...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 8.5yrs | US$29.70m | 0.019% $ 31.2m | |
| Executive VP | 6.9yrs | US$13.14m | 0.0022% $ 3.7m | |
| Executive VP | 4.7yrs | US$9.00m | 0.0023% $ 3.8m | |
| Executive VP | 19.2yrs | US$9.70m | 0.0025% $ 4.1m | |
| Executive VP & Chief Technology Officer of Qualcomm Technologies | 1.4yrs | US$9.87m | 0.0084% $ 14.0m | |
| Senior VP & Chief Accounting Officer | less than a year | no data | 0% $ 0 | |
| Senior Vice President of Investor Relations | less than a year | no data | no data | |
| Executive VP & Chief Marketing Officer | 3.5yrs | no data | no data | |
| Executive VP and Chief Strategy & Corporate Development Officer | 2.3yrs | no data | no data | |
| Executive VP & Chief Human Resources Officer | 6.3yrs | US$5.70m | 0.0038% $ 6.3m | |
| EVP, Group GM of Automotive | no data | no data | no data | |
| President of Qualcomm Latin America & VP of Qualcomm Servicos de Telecomunicacões Ltda | 5.5yrs | no data | no data |
4.7yrs
Average Tenure
55yo
Average Age
Experienced Management: QCOM's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 5.1yrs | US$29.70m | 0.019% $ 31.2m | |
| Independent Director | 8.1yrs | US$390.00k | 0.00029% $ 482.2k | |
| Independent Director | 9.8yrs | US$405.00k | 0.0035% $ 5.9m | |
| Independent Director | 10.5yrs | US$415.00k | 0.00094% $ 1.6m | |
| Independent Director | 7.8yrs | US$465.00k | 0.00095% $ 1.6m | |
| Independent Director | 6yrs | US$410.00k | 0.00034% $ 565.3k | |
| Independent Director | 6.2yrs | US$390.00k | 0.00080% $ 1.3m | |
| Independent Chairman of the Board | 11yrs | US$606.90k | 0.0028% $ 4.7m | |
| Independent Director | 5.7yrs | US$398.50k | 0.00041% $ 681.7k | |
| Independent Director | 1.8yrs | US$481.67k | no data | |
| Independent Director | less than a year | US$146.63k | 0.00034% $ 565.3k |
6.2yrs
Average Tenure
61yo
Average Age
Experienced Board: QCOM's board of directors are considered experienced (6.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/30 21:58 |
| End of Day Share Price | 2026/07/30 00:00 |
| Earnings | 2026/06/28 |
| Annual Earnings | 2025/09/28 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| S. H. Lin | Aletheia Analyst Network Limited |
| Warren Lau | Aletheia Analyst Network Limited |
| Stefan Chang | Aletheia Analyst Network Limited |