Qualcomm Incorporated (QCOM · NASDAQ)
QCOM · MARKET VIEW
Market view · as of Sep 7, 2026
Revenue (TTM)
$44.07B
-4.0% YoY
Gross margin
54.2%
EPS (latest q)
$1.53
vs $1.54 est · miss
52-wk position
36.4%
-32.2% vs 52w high · +1.1% 1mo
Price (last ~year)
Qualcomm (QCOM) faces headwinds characterized by a 4.0% year-over-year revenue decline and a 23.0% drop in earnings, as the company navigates softening smartphone demand and reduced reliance from key customers. The stock has retreated 11.3% over the last three months to $168.74, currently sitting at 36.4% of its 52-week range. Despite these pressures, the firm maintains a 33.8% return on equity and a 1.3x debt-to-EBITDA ratio as of the quarter ending June 30, 2026.
Valuation
- Market cap
- $180.22B
- P/E
- 19.26
- PEG
- 0.747
- P/B
- 6.51
- P/S
- 4.09
- EV/EBITDA
- 13.88
- Beta
- 1.679
- Analyst target
- $193.1
Quality & returns
- Gross margin
- 54.2%
- Operating margin
- 18.5%
- Profit margin
- 21.0%
- ROE
- 33.8%
- ROA
- 11.6%
Price movement
- Last
- $168.74
- 1-month
- +1.1%
- 3-month
- -11.3%
- RSI (14)
- 63
- vs SMA200
- +1.6%
- 52-wk position
- 36.4% -32.2% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $9.95B | $1.63B | $2.00B | $3.04B |
| 2026-03-31 | $10.60B | $2.31B | $7.37B | $2.82B |
| 2025-12-31 | $12.25B | $3.37B | $3.00B | $4.11B |
| 2025-09-30 | $11.27B | $2.92B | $-3.12B | $3.51B |
Recent news
- Somewhat-Bullish 3,225 Shares in Amazon.com, Inc. $AMZN Acquired by ORBA Wealth Advisors L.L.C. · 2026-09-05
- Neutral Marvell Rises 6% as Beaten-Down AI Silicon Bounces, Qualcomm Barely Budges · 2026-09-04
- Neutral Broadcom CEO Says AI Demand Could Be ‘Significantly’ Higher — But Land, Power, Chips and Substrates Are Holding Back Data Center Deployments · 2026-09-04
- Somewhat-Bullish United Microelectronics Reports 30.71% Revenue Growth in August 2026 · 2026-09-04
- Somewhat-Bullish TE Connectivity PLC Stock Rallies 3.6%, Outperforms Peers · 2026-09-04
- Neutral What Happens To Qualcomm Stock If The New Revenue Earns Less? · 2026-09-03
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)