Qualcomm Incorporated (QCOM · NASDAQ)
QCOM · MARKET VIEW
Market view · as of Oct 19, 2026
Price (last ~year)
Qualcomm shares fell 3.5% to $172.11, leaving the stock down 3.2% over the past month and 30.8% below its 52-week high, with RSI(14) at 30 and price 6.3% below the 20-day SMA. Fundamentals show contraction: revenue declined 4.0% year over year and earnings fell 23.0%, with quarterly revenue stepping down from $12.25B in the December 2025 quarter to $9.95B in the June 2026 quarter. The most recent quarter's EPS of $1.53 missed estimates by 0.65%, though the company beat in three of its last four reports. Balance-sheet metrics remain solid — debt/EBITDA of 1.3x, current ratio of 2.02, and ROE of 33.8% — while the stock trades at a P/E of 19.92 against an analyst target of $194.13.
Valuation
- Market cap
- $183.79B
- P/E
- 19.92
- PEG
- 0.88
- P/B
- 7.66
- P/S
- 4.17
- EV/EBITDA
- 16.15
- Beta
- 1.651
- 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
- $172.11
- 1-month
- -3.2%
- 3-month
- +1.1%
- RSI (14)
- 30
- vs SMA200
- +2.4%
- 52-wk position
- 39.1% -30.8% 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
- Somewhat-Bearish 1,547 Advanced Micro Devices, Inc. $AMD Shares Sold by Absolute Capital Management LLC · 2026-10-19
- Somewhat-Bullish Starboard Sees Big Upside at Skyworks After Qorvo Buy, With At Least $500M in Savings on the Table · 2026-10-19
- Bullish Cellid Joins Qualcomm Program to Develop Snapdragon-based AR Glasses · 2026-10-19
- Somewhat-Bullish Korea Investment Launches U.S. CPU Chip ETF Betting on Intel, AMD, Arm · 2026-10-19
- Somewhat-Bearish New England Research & Management Inc. Acquires 3,783 Shares of Advanced Micro Devices, Inc. $AMD · 2026-10-18
- Somewhat-Bearish Advanced Micro Devices, Inc. $AMD Shares Sold by Wealth Intelligence LLC · 2026-10-18
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)