QCOM Stock Analysis: Qualcomm | NASDAQ
Semiconductors | NASDAQ, USA | Market Cap: 187.950m USD | 12M Return: 11.8% | US7475251036 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.12B
EPS Trend: 81.8%
Qual. Beats: 0
Rev. Trend: 96.0%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
QUALCOMM Incorporated (NASDAQ: QCOM) is a U.S.-based technology company headquartered in San Diego, California, founded in 1985. It develops and commercializes foundational technologies for the wireless industry, operating through three segments: Qualcomm CDMA Technologies (QCT), which designs integrated circuits and system software for mobile devices, automotive systems, and IoT products; Qualcomm Technology Licensing (QTL), which licenses its patent portfolio covering cellular standards such as 3G, 4G, and 5G; and Qualcomm Strategic Initiatives (QSI), which invests in early-stage companies across areas including 5G, AI, automotive, IoT, and extended reality. The company also serves U.S. government agencies and provides software-based network security solutions.
QUALCOMM operates within the Information Technology sector, specifically the Semiconductors sub-industry, following a fabless business model in which it designs chips but relies on third-party foundries for manufacturing. Its dual revenue model combines chipset sales (QCT) with patent licensing (QTL), a structure that distinguishes it from many peers in the semiconductor space. The company trades as a mega-cap stock on NASDAQ and has been listed since its 1991 IPO.
- Handset chip ASPs pressured by Apple in-house modem transition
- Automotive and IoT revenue growth diversifies beyond smartphones
- China licensing revenue faces renewed regulatory and antitrust scrutiny
| Net Income: 9.26b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA -3.03 > 1.0 |
| NWC/Revenue: 26.30% < 20% (prev 39.56%; Δ -13.26% < -1%) |
| CFO/TA 0.22 > 3% & CFO 12.4b > Net Income 9.26b |
| Net Debt (6.97b) to EBITDA (13.5b): 0.52 < 3 |
| Current Ratio: 2.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.07b) vs 12m ago -2.73% < -2% |
| Gross Margin: 54.23% > 18% (prev 55.68%; Δ -1.45% > 0.5%) |
| Asset Turnover: 78.53% > 50% (prev 78.85%; Δ -0.31% > 0%) |
| Interest Coverage Ratio: 17.30 > 6 (EBIT TTM 11.9b / Interest Expense TTM 688.0m) |
| A: 0.20 (Total Current Assets 23.0b - Total Current Liabilities 11.4b) / Total Assets 57.4b |
| B: 0.48 (Retained Earnings 27.3b / Total Assets 57.4b) |
| C: 0.21 (EBIT TTM 11.9b / Avg Total Assets 56.1b) |
| D: 0.93 (Book Value of Equity 27.7b / Total Liabilities 29.7b) |
| Altman-Z'' = 5.28 = AAA |
| DSRI: 1.34 (Receivables 4.67b/3.41b, Revenue 44.1b/43.3b) |
| GMI: 1.03 (GM 55.68% / 54.23%) |
| AQI: 1.10 (AQ_t 0.51 / AQ_t-1 0.46) |
| SGI: 1.02 (Revenue 44.1b / 43.3b) |
| TATA: -0.05 (NI 9.26b - CFO 12.4b) / TA 57.4b) |
| Beneish M = -2.65 (Cap -4..+1) = A |
As of October 16, 2026, the stock is trading at USD 178.40 with a total of 11,764,179 shares traded. Over the past week, the price has changed by +1.36%, over one month by -5.01%, over three months by +0.78% and over the past year by +11.75%.
Current recommended Stop Loss: 162.40 (which is 9% or 2.3 ATR below the current price).
Qualcomm has received a consensus analysts rating of 3.43. Therefore, it is recommended to hold QCOM.
- StrongBuy: 9
- Buy: 2
- Hold: 23
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 194.1 | 8.8% |
P/E Trailing = 20.3715
P/E Forward = 19.6464
P/S = 4.2649
P/B = 7.6565
P/EG = 0.8803
Revenue TTM = 44.1b USD
EBIT TTM = 11.9b USD
EBITDA TTM = 13.5b USD
Long Term Debt = 12.8b USD (from longTermDebt, last quarter)
Short Term Debt = 2.49b USD (from shortTermDebt, last quarter)
Debt = 15.3b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.97b USD (calculated: Debt 15.3b - CCE 8.30b)
Enterprise Value = 195b USD (188b + Debt 15.3b - CCE 8.30b)
Interest Coverage Ratio = 17.30 (Ebit TTM 11.9b / Interest Expense TTM 688.0m)
EV/FCF = 18.71x (Enterprise Value 195b / FCF TTM 10.4b)
FCF Yield = 5.34% (FCF TTM 10.4b / Enterprise Value 195b)
FCF Margin = 23.64% (FCF TTM 10.4b / Revenue TTM 44.1b)
Net Margin = 21.01% (Net Income TTM 9.26b / Revenue TTM 44.1b)
Gross Margin = 54.23% ((Revenue TTM 44.1b - Cost of Revenue TTM 20.2b) / Revenue TTM)
Gross Margin QoQ = 53.05% (prev 53.77%)
Tobins Q-Ratio = 3.40 (Enterprise Value 195b / Total Assets 57.4b)
Interest Expense / Debt = 4.51% (Interest Expense 688.0m / Debt 15.3b)
Taxrate = 17.42% (1.95b / 11.2b)
NOPAT = 9.83b (EBIT 11.9b * (1 - 17.42%))
Current Ratio = 2.02 (Total Current Assets 23.0b / Total Current Liabilities 11.4b)
Debt / Equity = 0.55 (Debt 15.3b / totalStockholderEquity, last quarter 27.7b)
Debt / EBITDA = 0.52 (Net Debt 6.97b / EBITDA 13.5b)
Debt / FCF = 0.67 (Net Debt 6.97b / FCF TTM 10.4b)
Total Stockholder Equity = 24.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.50% (Net Income 9.26b / Total Assets 57.4b)
RoE = 37.33% (Net Income TTM 9.26b / Total Stockholder Equity 24.8b)
RoCE = 31.66% (EBIT 11.9b / Capital Employed (Equity 24.8b + L.T.Debt 12.8b))
RoIC = 21.25% (NOPAT 9.83b / Invested Capital 46.2b)
WACC = 11.67% (E(188b)/V(203b) * Re(12.32%) + D(15.3b)/V(203b) * Rd(4.51%) * (1-Tc(0.17)))
Discount Rate = 12.32% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.22 | Cagr: -2.44%
[DCF] Terminal Value 62.78% ; FCFF base≈10.9b ; Y1≈9.99b ; Y5≈8.82b
[DCF] Fair Price = 78.07 (EV 90.3b - Net Debt 6.97b = Equity 83.4b / Shares 1.07b; r=11.67% [WACC]; 5y FCF grow -10.38% → 2.50% )
EPS Correlation: 81.77 | EPS CAGR: 11.46% | SUE: -0.08 | # QB: 0
Revenue Correlation: 96.03 | Revenue CAGR: 9.94% | SUE: 0.91 | # QB: 1
EPS current Quarter (2026-12-31): EPS=2.30 | Chg30d=-0.13% | Revisions=+0% | Analysts=26
EPS current Year (2026-09-30): EPS=10.48 | Chg30d=-0.36% | Revisions=-25% | GrowthEPS=-12.8% | GrowthRev=-2.9%
EPS next Year (2027-09-30): EPS=10.20 | Chg30d=-0.21% | Revisions=+0% | GrowthEPS=-2.7% | GrowthRev=+4.8%
[Analyst] Revisions Ratio: -17% (up=1, down=2)