QCOM

Qualcomm Inc. QCOM logo

NASDAQ Technology

$171.79

+1.16 (+0.68%)

Updated: 7/17/2026, 8:55:00 PM

Open

$166.64

High

$172.15

Low

$164.00

Prev Close

$170.61

Volume

12.83M

Price History

Why Is QCOM ▲ Up Today?

+0.68%

Qualcomm Gains Modestly, Outperforming Declining Semiconductor Sector

Qualcomm (QCOM) posted a modest gain of 0.6799% today, closing at $171.79, significantly outperforming its sector which saw an average decline of 0.82%. This positive movement occurred amidst general optimism for the long-term growth of the industrial semiconductor and data center chip markets. While no direct company-specific news drove the price, the broader industry outlook likely provided support.

Key Drivers

Sector Outperformance

Qualcomm's modest gain today contrasted with a decline in the broader sector, indicating relative strength.

Semiconductor Market Optimism

Recent reports projecting significant growth in the industrial semiconductor and data center chip markets contributed to a positive sentiment for chipmakers.

Generated by Highly Regarded's proprietary market analysis engine. Not financial advice.

Jul 17 ▲ +0.7% Qualcomm Gains Modestly, Outperforming Declining Semiconductor Sector

Jul 16 ▼ -4.1% Qualcomm Drops Over 4% as Semiconductor Sector Faces Headwinds

Jul 15 ▼ -0.2% Qualcomm Dips Slightly Amid Broader AI Chip Sector Profit-Taking

Jul 14 ▼ -3.2% Qualcomm Declines as Semiconductor Sector Sees Modest Gains

Jul 13 ▼ -3.0% Qualcomm Shares Fall Over 3%, Underperforming Semiconductor Sector

Jul 10 ▼ -1.0% Qualcomm Dips Despite Positive Growth Outlook and AI Market Momentum

Jul 9 ▲ +2.4% Qualcomm Outperforms Sector on AI Chip and 5G Market Optimism

Jul 8 ▲ +1.9% Qualcomm Rises on AI Chip Deals and 5G Market Optimism

Jul 7 ▼ -1.9% Qualcomm Dips Slightly Below Sector Average Amid Broader Weakness

Jul 6 ▲ +5.8% Qualcomm Surges on AI Chip Deal Speculation and Broad Semiconductor Rally

Jul 3 — +0.0% Qualcomm (QCOM) closes flat on a day of zero trading activity

Jul 2 ▼ -3.2% Qualcomm Shares Decline Sharply Amidst Broader Semiconductor Volatility

Jul 1 ▼ -1.5% Qualcomm Dips 1.54% Amid Broader Sector Weakness, AI Focus Continues

Jun 30 ▼ -2.1% Qualcomm Shares Dip Despite Positive AI Outlook and Hyperscaler Deal News

Jun 29 ▼ -0.3% Qualcomm Dips Slightly, Underperforming Sector Amid Broader Market Drag

Mar 31 — +0.0% QCOM edges higher amid sector strength

Mar 30 — -0.0% Qualcomm (QCOM) Dips Slightly Amidst Sector Weakness

Mar 27 ▼ -2.6% QCOM Down Slightly Amidst Mixed Sector Sentiment

Mar 26 ▲ +0.1% QCOM edges up amid mixed analyst sentiment, sector weakness

Mar 25 ▲ +1.3% Qualcomm (QCOM) Gains Amidst Mixed Analyst Sentiment

Mar 24 ▲ +0.2% Qualcomm (QCOM) modestly up despite sector downturn

Mar 23 ▼ -1.2% QCOM down slightly amid mixed analyst sentiment, sector outperformance

Mar 20 ▼ -1.0% QCOM down slightly amid analyst concerns and sector weakness

Mar 19 ▲ +0.6% QCOM Up Slightly on Capital Return News

Mar 18 ▼ -0.9% Qualcomm (QCOM) dips amid sector weakness, analyst concerns

Mar 17 ▲ +1.8% Qualcomm (QCOM) Rises on Buyback, Dividend Boost

Mar 16 ▼ -0.3% QCOM dips slightly amid sector gains and analyst downgrade

Mar 13 ▼ -1.0% QCOM down slightly amid sector weakness, despite AI potential

Mar 12 ▼ -2.2% QCOM down 2.18% amid sector weakness

Mar 11 ▼ -0.8% QCOM down slightly amid analyst caution, despite AI/Auto partnerships

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 Jul 17, 2026 • Refreshes daily

Rating

HODL

Risk

High

Target

$224.07

Type

Standard

Executive Summary

Qualcomm Incorporated is a multinational technology corporation specializing in the development and licensing of wireless technology and the design of semiconductors, including mobile processors and AI chips. The company is actively diversifying its revenue streams beyond traditional mobile handsets, with significant investments and strategic expansion into the data center and automotive markets. Qualcomm holds essential patents for global mobile communication standards, including 5G.

Bull Case

The bull case for Qualcomm is largely driven by its aggressive expansion into new markets. The company targets substantial growth in the data center market, aiming for $15 billion in revenue by fiscal year 2029 through custom CPUs and AI solutions like the AI250. The accelerating automotive segment, supported by new supply deals for AI vehicles, also presents a significant growth opportunity. Qualcomm's strong intellectual property moat and diversified product line across various industries beyond mobile handsets could lead to considerable upside if these new initiatives are successfully executed.

Bear Case

The bear case highlights several risks, including a slowdown in automotive and Internet of Things (IoT) revenue, and potentially limited near-term upside from its data center offerings. Qualcomm faces execution risks in its new market ventures and ongoing challenges in the core smartphone market due to memory supply constraints and pricing. A significant reliance on premium Android and newer iPhone models, coupled with the risk of major handset manufacturers developing in-house modems, poses a long-term threat to its licensing and chip supply revenue. Furthermore, substantial financial exposure to China introduces geopolitical and trade restriction risks.

Technical Outlook

QCOM stock has shown recent volatility and downward pressure. In the past 24 hours, the stock decreased by -4.14% to $169.38. Over the last week, the stock has fallen by -11.36%, and the monthly change shows a -24.45% decline. Technical indicators suggest a MACD sell signal, and the stock's beta coefficient of 2.30 indicates higher volatility compared to the broader market.

Fundamental Health

Qualcomm maintains a substantial market capitalization of approximately $180 billion. The company's P/E ratio is around 18.56-19.36. Qualcomm reported earnings of $2.65 per share and revenue of $10.60 billion in the last quarter, both exceeding estimates. The company consistently pays a quarterly cash dividend, with the latest declared at $0.92 per common share. While future earnings and revenue growth forecasts are projected to be slower than the broader U.S. market, Qualcomm anticipates a strong return on equity. A key fundamental strategy involves doubling non-handset revenue by fiscal year 2029 through its data center and automotive segments.

Key Catalysts

Successful adoption and market penetration of AI data center offerings (e.g., AI250, Snapdragon X Elite CPU)
Continued and accelerating growth in the automotive sector, including new partnerships and AI vehicle technologies
Effective diversification into new product areas and industries beyond mobile handsets
Resolution or stabilization of geopolitical tensions, particularly regarding trade relations with China
Upcoming earnings reports, with the Q3 2026 results scheduled for July 29, 2026

Sources

google.com businesswire.com public.com seekingalpha.com fidelity.com tradingview.com tradingkey.com robinhood.com stocktitan.net simplywall.st seekingalpha.com marketbeat.com tipranks.com unpri.org simplywall.st

This analysis was conducted by Highly Regarded's proprietary market analysis engine. It is not financial advice. Always do your own research and consult a financial advisor before making investment decisions.