Key facts, as of
As of October 6, 2026, QUALCOMM Incorporated (QCOM) trades at $181.03, up 7.4% over the past year. Its 52-week range runs from $121.99 to $259.92; the price is 30.4% below that high. It is 30.4% below its all-time high of $259.92, reached in May 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +251.9%, against +312.9% for the S&P 500 (SPY). It sits 6.9% above its 200-day average of $169.33, the usual sign of a long-term uptrend. Its 30-day volatility is 55.1% annualized, which we rate very high risk. It has a trailing P/E of 21.0 and a dividend yield of 2.04%.
Cite: Portfolio Terminal, "QUALCOMM Incorporated (QCOM) stock analysis", 2026-10-06. https://portfolio-terminal.com/analyse/qcom
Where it trades today
trading 43% of the way up its 52-week range
How the price has moved
How far it is from its record
QUALCOMM Incorporated (QCOM) is 30.4% below its all-time high of $259.92, reached in May 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +251.9%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Execution usually depends on product cycles, cloud demand, and how efficiently new AI or software capex converts into durable revenue.
- QCOM trades at 21.0x earnings versus 28.5x for the sector, which means the rerating case depends on proving the discount is too harsh.
- Recent realized volatility is running around 55.1%, above the sector norm of 28.0%, so position sizing matters more than usual.
- Relative performance versus AAPL, MSFT, NVDA matters here because leadership inside technology rarely stays static for long.
Portfolio Use Case
- QCOM is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in technology can stay expensive longer than expected.
What Would Change the View
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- The view would need revisiting if peers such as AAPL, MSFT, NVDA start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for QCOM come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Technology so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AAPL, MSFT, NVDA.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for QCOM. Last refresh: Oct 6, 2026, 11:07 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AAPL, MSFT, NVDA.
What QUALCOMM Incorporated does
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…
What analysts expect
QCOM carries a hold consensus from 30 analysts, with an average price target of $194.13 versus $181.03 today (+7.2%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
QCOM generated $44.07B in trailing revenue (-4.0% year over year), with a 21.0% net margin, and $10.24B of free cash flow, against $6.97B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $44.28B | $24.55B | $12.39B | $5.54B | $5.05 | $12.82B |
| 2024 | $38.96B | $21.90B | $10.25B | $10.14B | $9.09 | $11.16B |
| 2023 | $35.82B | $19.95B | $8.65B | $7.23B | $6.47 | $9.85B |
| 2022 | $44.20B | $25.57B | $15.86B | $12.94B | $11.52 | $6.83B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
QCOM is in 14 of the 30 ETFs we track. It weighs most in SCHD: 4.76% of the fund, holding #1 of 100.
Famous investors who hold it
QCOM is in the latest 13F of 2 of the 15 famous investors we follow. David Tepper (Appaloosa) holds the most of it: 0.60% of the portfolio, position #21 of 27, as of Q2 2026.
How it sits in technology
High-growth sector driven by innovation, cloud computing, AI, and digital transformation.
The companies it competes with
QCOM beside the technology names it is usually measured against.
What the chart is saying
In an uptrend, pressing toward $190.56 resistance.
uptrend- Price is 5.3% above its 50-day average and 6.9% above its 200-day.
- The 50-day crossed above the 200-day on 2026-09-22 (a “golden cross”).
- RSI at 49 is neither stretched nor washed out.
- The nearest ceiling is $190.56 (+5.3%), the nearest floor $169.51 (-6.4%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is QCOM a good investment in 2026?
QUALCOMM Incorporated trades at a P/E ratio of 21.0, with very high volatility (55.1% annualized). The stock is in a consolidation phase.
What is the risk level of QCOM?
Based on 30-day volatility of 55.1%, QCOM has VERY HIGH risk. Beta of 1.65 indicates higher sensitivity to market movements than average.
Does QCOM pay dividends?
Yes, QUALCOMM Incorporated has a dividend yield of 2.04%.
How far is QCOM from its all-time high?
QUALCOMM Incorporated is 30.4% below its all-time high of $259.92, reached in May 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +251.9%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold QCOM?
14 of the 30 popular ETFs we track hold QUALCOMM Incorporated. The largest weights: SCHD (4.76%), SOXX (4.08%), SMH (3.98%), XLK (1.18%) and QQQ (0.85%). Measured on each issuer's full holdings file, dated August 31 to October 1, 2026.
How much of VOO is QCOM?
0.27%, as of August 31, 2026: QCOM is holding #66 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $2.71 in QUALCOMM Incorporated.
Which famous investors own QCOM?
David Tepper (0.60% of Appaloosa's 13F) and Ray Dalio (0.12% of Bridgewater Associates's 13F), according to their latest Form 13F filings with the SEC (Q2 2026). A 13F lists US long positions 45 days after the quarter ends, so it can be out of date.
What is the analyst price target for QCOM?
The average analyst price target for QUALCOMM Incorporated (QCOM) is $194.13 based on 30 analyst estimates, about 7.2% above the current price of $181.03. The published range runs from $100.00 to $400.00.
How much revenue does QCOM generate?
QUALCOMM Incorporated reported $44.07B in trailing twelve-month revenue. Revenue growth is running at -4.0% year over year. Net margin sits at 21.0%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare QCOM with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.