QCOM— QUALCOMM Incorporated
NasdaqGSTechnology · Semiconductors
QUALCOMM Incorporated (QCOM) stock trades at $197.41, down 3.29% on the day. With a market capitalization of $208.07 billion, QCOM is a mega-cap technology stock. It trades at a price-to-earnings (P/E) ratio of 21.2, a forward P/E of 18.5 and earnings per share (EPS) of $9.30. Over the most recent period the company reported a 4% year-over-year revenue decline and a net profit margin of 22.3%. Below you'll find QCOM's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.
Price & Performance
Performance
Analysis & Verdict
QUALCOMM Incorporated (QCOM) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
QUALCOMM Incorporated (QCOM) operates in the Semiconductors space within the Technology sector. With a market cap of $208.1B, it qualifies as a large-cap company. Revenue has been contracting year-over-year, a headwind that investors will watch closely in upcoming earnings.
- Forward P/E (18.5×) is lower than trailing P/E (21.2×) — analysts expect earnings to improve
- Earnings grew 173% YoY — bottom-line is expanding fast
- Exceptional profit margin of 22.3% — the business retains a large share of each dollar earned
- ROE of 36.1% shows management efficiently converts equity into profit
- Current ratio of 2.4× — ample short-term liquidity
- Revenue declined 4% YoY — warning sign for business momentum
- High debt-to-equity of 55.98× increases financial risk, especially with elevated interest rates
- High beta of 1.60 — this stock is significantly more volatile than the broader market
Verdict
Buy / Hold
More positives than negatives. Fundamentals support holding while monitoring key risks.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Fair Value Estimates
Current price: $197.41
Graham Number
√(22.5 × EPS × Book Value)
$73.42
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
$52.13
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
8/10
80% score
Pays dividends
15Y hist.15+ years of dividend history
Dividend consistency (5Y+)
15 yrsUninterrupted dividend payments for at least 5 years
ROE above 10%
36.1%Return on equity — measures how efficiently capital is used
Positive profit margin
22.3%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
-3.5%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
+173.0%Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
55.98×Low financial leverage reduces risk of distress
Current ratio above 1
2.37×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$4.2B/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
1.80%Stock must distribute income to shareholders
Financials
Revenue & Results
Key Statistics
Earnings
Next Earnings
Jul 29, 2026
34
days
EPS (TTM)
$9.30
P/E (TTM)
21.2
Fwd P/E
18.5
SEC Filings & Reported Financials
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Insider Transactions
SEC Form 4 · officers, directors & 10% owners
Dividends & Income
Dividends
Current DY
1.80%
5Y Avg Annual
$2.9520
Last Payment
$0.9200
Ex-Date
06/04/2026
Annual dividends paid per share
| Ex-Date | Payment | Amount | Est. DY |
|---|---|---|---|
Latest06/04/2026 | 06/25/2026 | $0.9200 | 1.86% |
03/05/2026 | 03/26/2026 | $0.8900 | 1.80% |
12/04/2025 | 12/25/2025 | $0.8900 | 1.80% |
09/04/2025 | 09/25/2025 | $0.8900 | 1.80% |
06/05/2025 | 06/26/2025 | $0.8900 | 1.80% |
03/06/2025 | 03/27/2025 | $0.8500 | 1.72% |
12/05/2024 | 12/26/2024 | $0.8500 | 1.72% |
09/05/2024 | 09/26/2024 | $0.8500 | 1.72% |
Magic Number
Shares needed to self-fund your next purchase
$197.41
Price
$0.9200
Last div. (quarterly)
215
shares
Own 215 QCOM shares ($42,443.15) and each quarterly dividend pays for 1 new share — the snowball runs on its own.
Investment target
$42,443.15
New shares / year
+4 shares
Tools & Simulators
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
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About QUALCOMM Incorporated
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software with connectivity and computing technologies for use in mobile devices; automotive systems for connectivity, digital cockpit, and ADAS/AD; and IoT, including consumer electronic devices, industrial devices, and edge networking products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing LTE, and/or OFDMA-based 5G products and derivatives; to use cellular standard-essential patents, including 3G, 4G and 5G for cellular devices. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and sells related products to the United States government agencies and their contractors. In addition, the company is also involved in Qualcomm government technologies and data center businesses. QUALCOMM Incorporated was incorporated in 1985 and is headquartered in San Diego, California.
Sector
Technology
Industry
Semiconductors
Location
San Diego, United States
Employees
52,000
QCOM — Frequently Asked Questions
Is QUALCOMM Incorporated (QCOM) a good stock to buy in 2026?
QUALCOMM Incorporated (QCOM) shows strengths such as a strong 22% net margin and a 36% return on equity, while risks include declining revenue (-4%) and high leverage (debt/equity of 56.0). Whether QCOM is a good buy in 2026 depends on your time horizon and risk tolerance — review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.
What is QCOM's stock price today?
QUALCOMM Incorporated (QCOM) trades at $197.41, down 3.29% on the session. Prices on this page update throughout the trading day.
Does QCOM pay a dividend?
Yes. QUALCOMM Incorporated pays an annual dividend of $3.68 per share, a dividend yield of 1.80%. The most recent ex-dividend date was June 4, 2026. Its payout ratio is about 38% of earnings.
Is QCOM overvalued?
With a P/E ratio of 21.2×, QCOM trades at a roughly market-average valuation for the technology sector. Its PEG ratio is 0.94 (below 1, which can signal growth at a reasonable price). See the Fair Value Estimates section above for Graham Number and dividend-based price targets.
What is QCOM's market cap?
QUALCOMM Incorporated (QCOM) has a market capitalization of $208.07 billion, classifying it as a mega-cap stock in the Technology sector.
Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.