Qualcomm Incorporated (QCOM · NASDAQ)
QCOM · MARKET VIEW
Market view · as of Sep 28, 2026
Price (last ~year)
Qualcomm shares have rallied sharply, up 23.2% over the past month to $201.97, leaving the stock 11.6% above its 20-day SMA and 20.5% above its 200-day, with RSI at 73 signaling overbought conditions. Fundamentals are mixed: revenue fell 4.0% year over year and earnings declined 23.0%, though the company beat estimates in three of its last four quarters, and the most recent quarter (June 30, 2026) showed revenue of $9.95B with net income of $2.00B. The balance sheet remains solid, with debt/EBITDA at 1.3x and a current ratio of 2.02, while ROE stands at 33.8% on a 21.0% profit margin. At a P/E of 23.08 and a PEG of 0.88, the stock trades above the analyst target of $194.13.
Valuation
- Market cap
- $215.72B
- P/E
- 23.08
- PEG
- 0.88
- P/B
- 7.66
- P/S
- 4.895
- EV/EBITDA
- 16.15
- Beta
- 1.679
- Analyst target
- $194.13
Quality & returns
- Gross margin
- 54.2%
- Operating margin
- 18.5%
- Profit margin
- 21.0%
- ROE
- 33.8%
- ROA
- 11.6%
Price movement
- Last
- $201.97
- 1-month
- +23.2%
- 3-month
- +11.6%
- RSI (14)
- 73
- vs SMA200
- +20.5%
- 52-wk position
- 62.8% -18.8% 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
- Bullish Qualcomm (QCOM) Expands Robotics Software Capabilities with PickNik Acquisition · 2026-09-27
- Neutral Polaris Pays a 5.15% Yield. Should Income Investors Trust It More Than Hasbro? · 2026-09-27
- Somewhat-Bullish Qualcomm Takes on Apple's New Chip, Fitness Tracker, Updated Macs and More: This Week in Appleverse · 2026-09-27
- Somewhat-Bullish Market Comparison Analysis of ASML and Qualcomm · 2026-09-26
- Neutral Visionary Wealth Advisors Buys New Position in Apple Inc. $AAPL · 2026-09-26
- Neutral Does Index Removal Change The Bull Case For Qorvo Stock (QRVO)? · 2026-09-26
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)