QCOM

Name: QCOM Daily Price History
Creator: Highly Regarded
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Qualcomm Inc. QCOM logo

NASDAQ Technology

$178.39

+5.73 (+3.32%)

Updated: 10/15/2026, 8:55:00 PM

Open

$177.31

High

$179.13

Low

$177.30

Prev Close

$172.62

Volume

2.04M

Price History

Why Is QCOM ▲ Up Today?

+3.32%

Full AI analysis generates after market close. Showing live price data.

Oct 15 ▲ +3.3% Qualcomm Surges Over 3% on Favorable Arm Verdict and AI Ecosystem Optimism

Oct 14 ▼ -2.3% Qualcomm Dips Less Than Sector on Overall Down Day

Oct 13 ▲ +1.4% Qualcomm stock climbs amid positive semiconductor trends

Oct 12 ▼ -0.6% Qualcomm Outperforms Sector Despite Modest Daily Decline

Oct 9 ▼ -0.3% Qualcomm Dips Slightly Amid Light Trading, Underperforms Sector

Oct 8 ▼ -0.6% Qualcomm Dips Slightly, Outperforms Sector Amid AI Focus

Oct 7 ▼ -2.2% Qualcomm Shares Decline, Underperforming Broader Sector

Oct 6 ▲ +0.1% Qualcomm Edges Up Amid Positive AI Sentiment, Trails Sector

Oct 5 ▼ -2.2% Qualcomm Shares Decline 2.2% Amidst Sector Gains, Profit-Taking Likely

Oct 2 ▲ +1.5% Qualcomm Rises Slightly Above Sector Average

Oct 1 ▼ -1.1% Qualcomm (QCOM) Declines, Underperforms Sector

Sep 30 — +0.0% Qualcomm flat despite Apple patent renewal, analyst downgrade weighs

Sep 29 ▼ -1.8% QCOM Dips Amid Broader Market Weakness, Underperforms Sector

Sep 28 ▼ -7.2% Qualcomm Plunges Over 7% Amid Broader Sector Weakness and Market Headwinds

Sep 25 ▲ +4.0% Qualcomm Surges on Strong Growth Prospects in Key Semiconductor Markets

Sep 24 ▼ -1.5% Qualcomm Shares Decline Despite Apple Patent Licensing Renewal

Sep 23 ▼ -0.5% Qualcomm Slips Amid Margin Pressure Concerns

Sep 22 ▲ +2.1% Qualcomm Outperforms Sector on Strong Semiconductor Outlook

Sep 21 ▲ +9.3% Qualcomm Surges on US-China Trade Truce Hopes and Chip Sector Recovery

Sep 18 ▼ -5.7% Qualcomm Plunges Over 5% Amid Margin Pressure Concerns

Sep 17 ▲ +2.1% Qualcomm Rises Amid Broader Chip Sector Recovery

Sep 16 ▼ -1.5% Qualcomm Dips Despite Sector Gains and Recent Amazon AI Deal

Sep 15 ▲ +4.3% Qualcomm Surges Amidst Chip Sector Recovery, Outperforming Broader Market

Sep 14 ▼ -1.0% Qualcomm Dips Slightly, Tracking Broader Sector Weakness

Sep 11 ▲ +2.9% Qualcomm Surges on Major AI Deal with Amazon

Sep 10 ▲ +0.3% Qualcomm Posts Modest Gain, Outperforms Sector on Recent AI Deal Momentum

Sep 9 ▲ +1.3% Qualcomm Surges on Multi-Billion Dollar AI Chip Partnership with Amazon

Sep 8 ▲ +3.2% Qualcomm Surges on Amazon Chip Deal, Outperforming Sector

Sep 7 — +0.0% Qualcomm Shares Flat Amidst Recent Positive News

Sep 4 ▲ +0.1% Qualcomm Edges Up Amid AI PC Partnership Hopes

Financial Highlights

Income Statement

Revenue

$44.87B

Gross Profit

$24.72B

55.1% margin

Operating Income

$12.17B

27.1% margin

Net Income

$5.37B

12.0% margin

EPS (Diluted)

$4.95

R&D Spend

$9.27B

Balance Sheet

Total Assets

$53.03B

Total Liabilities

$29.96B

Stockholders' Equity

$23.07B

Long-Term Debt

$14.82B

Cash Flow

Operating Cash Flow

$14.39B

Investing Activities

-$1.85B

Net Cash Flow

-$1.53B

Highly Regarded Analysis

Updated Oct 15, 2026 • Refreshes daily

Rating

HODL

Risk

Medium

Target

$204.10

Type

Standard

Executive Summary

QUALCOMM Incorporated (QCOM) is a global leader in wireless technology and semiconductor development, known for its innovations in 5G and Snapdragon processors. The company is currently navigating a transition from a heavy reliance on the mature smartphone market towards diversification into automotive, IoT, and AI-enabled data center solutions. While QCOM exhibits strong profitability and financial health, recent quarters have shown declining revenue growth and cash flow margins, leading to mixed sentiment among analysts. The stock's valuation appears fair to slightly undervalued based on some intrinsic value calculations, with potential upside if its diversification strategy proves successful in offsetting handset market weakness.

Bull Case

The bull case for QCOM hinges on the successful execution of its diversification strategy, particularly in high-growth areas like automotive, IoT, and AI. Strong adoption of its Snapdragon platforms in AI-enabled edge devices and data centers, bolstered by collaborations such as with Amazon, could significantly boost non-handset revenue. Management's target of $40 billion in non-handset revenue and over $18 non-GAAP EPS by fiscal 2029 suggests substantial long-term growth potential. Continued innovation in 5G and next-generation wireless technologies, coupled with its strong patent portfolio, would further solidify its market position. A favorable resolution or outcome from its legal case against Arm could also provide a strategic advantage in AI efforts.

Bear Case

The bear case is primarily driven by persistent weakness in the core handset business, intensified by Apple's development of its own modems, which is expected to reduce Qualcomm's sales to Apple. Slower-than-anticipated adoption of 5G, smartphone upgrades, or corporate IT spending could further pressure revenue and profitability. Competition in the burgeoning AI and data center markets from established players and customer-designed chips poses a significant execution risk. Declining revenue growth and cash flow margins observed in recent quarters could continue if new ventures fail to scale rapidly enough to offset the handset slowdown, potentially leading to increased investment costs without immediate returns.

Technical Outlook

QCOM's current price is around $175.45, reflecting a +1.81% increase in the past 24 hours. The stock is trading below its 50-day and 200-day moving averages, indicating weak near-term momentum and potential downward pressure. The long-term trend is neutral, while the short-term trend is negative. Technical indicators present a mixed picture, with a neutral Relative Strength Index (RSI) of 51.74 and some moving averages signaling sell, while others, like the MACD, provide a buy signal for short-term momentum. Immediate support is identified around $175.897, with a major resistance level at $205.78.

Fundamental Health

Qualcomm demonstrates strong fundamental health and profitability, receiving an 'excellent rating' for both, with no significant liquidity or solvency issues. The company's Return on Equity (ROE) of 33.48% is better than 91.30% of its industry peers. However, recent trends show declining revenue growth, with the latest quarterly revenue at $9.95 billion, exceeding estimates of $9.69 billion. Net income and operating margins have also seen declines year-on-year. The company faces challenges from its handset business, which is exposed to Apple's in-sourcing of modems and competition in premium Android markets. Qualcomm is actively diversifying into Automotive, IoT, and AI, with non-handset revenue rising to about 25% of sales, and management targeting $40 billion in non-handset revenue by FY29.

Key Catalysts

Upcoming fiscal fourth-quarter earnings report on November 4th, 2026, which will provide updates on revenue mix and margin stability
Growth acceleration in non-handset segments, including Automotive, IoT, and AI-enabled data center solutions
Impact of strategic collaborations, such as the Amazon deal for data center AI
Further developments and market adoption of Qualcomm's AI accelerators (AI200) and custom CPUs (Dragonfly)
Ongoing legal and licensing developments, including the implications of the Arm verdict

Sources

tradingview.com marketbeat.com chartmill.com intellectia.ai tipranks.com chartmill.com fullratio.com public.com tradingkey.com markets.com seekingalpha.com seekingalpha.com

This analysis is AI-assisted and reviewed by our editorial team. It is not financial advice. Always do your own research and consult a financial advisor before making investment decisions.