Is Qualcomm’s (QCOM) Dividend and Revenue Outlook Shaping Its Long-Term Growth Story?

• Qualcomm recently declared a quarterly cash dividend of US$0.89 per common share, payable on September 25, 2025, to shareholders of record as of September 4, 2025.
• As the company heads into its upcoming earnings report with analysts anticipating double-digit revenue growth, investor attention remains high amid ongoing developments in the semiconductor sector.
• We’ll assess how the upcoming earnings report with strong revenue growth expectations influences Qualcomm’s long-term growth outlook and risk profile.

This technology could replace computers: discover 27 stocks that are working to make quantum computing a reality.

QUALCOMM Investment Narrative Recap

Qualcomm attracts those who see potential in the expansion of AI-integrated chips and the diversification of its business beyond mobile devices, such as automotive and IoT markets. The recent dividend announcement provides confidence in its commitment to returning capital to shareholders, but by itself does not significantly impact the immediate earnings catalyst or address the central risk of potential market share loss at a major U.S. customer.

Among recent developments, Qualcomm’s steady share repurchase activity stands out. By retiring over 10 million shares for nearly US$1.74 billion so far this year, the company underscores its shareholder focus, an important factor as earnings and revenue growth remain in the spotlight for the next quarter.

However, investors should keep in mind that if Qualcomm's share at a key client drops to roughly 70%, the resulting revenue and earnings impact could be significant for those focused on...

Read the full narrative on QUALCOMM (it's free!)

QUALCOMM's narrative projects $46.2 billion in revenue and $11.9 billion in earnings by 2028. This requires 3.0% yearly revenue growth and an $0.9 billion earnings increase from current earnings of $11.0 billion.

Uncover how QUALCOMM's forecasts yield a $175.60 fair value, a 9% upside to its current price.

Exploring Other Perspectives

Across 36 different fair value estimates from the Simply Wall St Community, investor projections for Qualcomm span from US$140 to US$300 per share. While participants see opportunities from growth in automotive and IoT, many are watching closely to see if these areas can offset risks around market share changes with major customers.

Explore 36 other fair value estimates on QUALCOMM - why the stock might be worth as much as 86% more than the current price!

Build Your Own QUALCOMM Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your QUALCOMM research is our analysis highlighting 4 key rewards that could impact your investment decision.
• Our free QUALCOMM research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate QUALCOMM's overall financial health at a glance.

Searching For A Fresh Perspective?

Our daily scans reveal stocks with breakout potential. Don't miss this chance:

• The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 19 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.
• The end of cancer? These 25 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.
• Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com