SeekingAlpha · Aug 27, 2026
Qualcomm: Handset Pains Persist - Data Center Inflection In FY 2027
Qualcomm's diversification strategy is materializing, with the upcoming FY2027 data center inflection. Find out why QCOM stock is a buy.
NASDAQ · QCOM
QUALCOMM Incorporated
Technology · Semiconductors
$164.19
Down-$0.59 (-0.36%)
Updated Aug 31, 2026, 9:37 AM
SID Score
5.4/10
Composite research score
Smart Money
39/100
Bearish
- Market cap
- 194.15B
- P/E ratio
- 35.86
- Dividend yield
- 2.14%
- 52-week range
- $121.99 – $259.92
- Volume
- 7.75M
- Avg. volume
- 10.01M
Price performance
QCOM price history
1M range · 20 trading sessions · Daily adjusted prices
QCOM closed at $164.19 after 20 trading sessions, up 8.33% for the selected period.
- Last close
- $164.19
- Period change
- +8.33%
- Period low
- $151.57
- Period high
- $167.86
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Aug 28, 2026 | $164.59 | $165.49 | $161.90 | $164.19 | 7.75M |
| Aug 27, 2026 | $165.155 | $166.95 | $161.9234 | $164.78 | 15.07M |
| Aug 26, 2026 | $160.10 | $163.87 | $159.889 | $163.72 | 10.48M |
| Aug 25, 2026 | $160.34 | $161.79 | $159.08 | $160.56 | 11.42M |
| Aug 24, 2026 | $159.395 | $160.24 | $156.225 | $158.53 | 10.52M |
| Aug 21, 2026 | $162.92 | $163.33 | $159.17 | $160.75 | 8.52M |
| Aug 20, 2026 | $163.15 | $165.11 | $159.41 | $160.74 | 8.51M |
| Aug 19, 2026 | $163.025 | $166.4999 | $160.19 | $161.91 | 8.1M |
| Aug 18, 2026 | $157.89 | $161.81 | $156.725 | $160.19 | 11.07M |
| Aug 17, 2026 | $166.25 | $166.34 | $161.45 | $162.18 | 8.97M |
| Aug 14, 2026 | $165.63 | $166.965 | $163.18 | $165.79 | 5.81M |
| Aug 13, 2026 | $163.34 | $166.77 | $162.51 | $164.79 | 7.72M |
| Aug 12, 2026 | $166.889 | $166.94 | $161.07 | $163.07 | 7.73M |
| Aug 11, 2026 | $163.75 | $164.605 | $161.43 | $162.68 | 6.33M |
| Aug 10, 2026 | $168.155 | $168.87 | $162.08 | $162.17 | 9.26M |
| Aug 7, 2026 | $163.07 | $167.99 | $162.30 | $167.86 | 9.72M |
| Aug 6, 2026 | $155.42 | $162.60 | $155.22 | $160.39 | 7.23M |
| Aug 5, 2026 | $161.30 | $162.80 | $157.10 | $157.53 | 9.73M |
| Aug 4, 2026 | $156.975 | $163.48 | $155.3123 | $162.67 | 16.35M |
| Aug 3, 2026 | $146.20 | $151.68 | $142.89 | $151.57 | 14.55M |
Latest QCOM news
The latest Smart Investors Daily articles mentioning QCOM.
Stock researchCompany · Overview
QCOM research
Overview
Company profile and research snapshot.
Company profile
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Hold
- Average target
- $190.00
- Implied upside
- —
- Analysts
- 23
| Date | Firm | Rating | Target |
|---|---|---|---|
| Jul 30, 2026 | Cantor Fitzgerald | Neutral | — |
| Jul 30, 2026 | Rosenblatt | Buy | — |
| Jul 30, 2026 | Morgan Stanley | Equal-Weight | — |
| Jul 30, 2026 | Evercore ISI Group | In-Line | — |
| Jul 30, 2026 | Wells Fargo | Equal-Weight | — |
News briefing
No generated briefing is available yet.
SeekingAlpha · Aug 27, 2026
QUALCOMM Incorporated (QCOM) Presents at Deutsche Bank 2026 Technology Conference Transcript
SeekingAlpha · Aug 25, 2026
Tracking David Tepper's Appaloosa Management Portfolio - Q2 2026 Update
Benzinga · Aug 25, 2026
'OpenAI Claims Its New Chips Can Outperform Nvidia Processors in Tests' - Bloomberg
https://www.bloomberg.com/news/articles/2026-08-25/openai-claims-its-new-chips-can-outperform-nvidia-processors-in-tests
AI research layers
Interpretive context generated from the platform’s current data sources.
QUALCOMM Incorporated Stock Performance
QUALCOMM shares traded at $164.19, reflecting a modest daily gain of 0.05% per SID market data. The stock has demonstrated divergent performance across timeframes, posting an 8.3% gain over the trailing one-month period while declining 34.59% over three months and 6.21% over the past year. QCOM currently trades below its 50-day moving average of $173.51 but sits slightly above its 200-day moving average of $162.12, according to SID market data. The 14-day relative strength index reads 54.8, indicating neutral momentum without overbought or oversold conditions. The stock carries a beta of 1.214, reflecting higher volatility relative to the broader market. Average daily trading volume stands at approximately 10.0 million shares. The company's market capitalization is $194.15 billion, positioning it among the largest semiconductor firms by market value in the technology sector.
QUALCOMM Incorporated Valuation Analysis
QUALCOMM trades at a price-to-earnings ratio of 35.86, which represents a premium relative to historical semiconductor industry averages, per SID market data. The company's PEG ratio stands at negative 0.69, suggesting analysts project earnings contraction that complicates traditional growth-adjusted valuation frameworks. QCOM's price-to-book ratio of 9.37 reflects the asset-light nature of its licensing-heavy business model, according to SEC filings. The stock currently offers a dividend yield of 1.94%, providing income to shareholders while the company navigates a challenging valuation environment. Within the technology sector, these metrics position QUALCOMM at an elevated earnings multiple that requires sustained revenue and profit execution to support. The combination of a high P/E ratio and negative PEG ratio indicates that forward earnings estimates embed a potential deceleration from recent quarterly results, a factor investors are weighing against the company's diversified chipset and licensing revenue streams.
Smart Money Activity for QCOM
QUALCOMM's composite smart money score stands at 39 out of 100, generating a bearish signal according to SID market data. The score reflects a stark divergence between institutional and insider positioning. Institutional holders received a perfect score of 25 out of 25, indicating strong fund-level ownership and engagement. However, insider activity scored 0.0 out of 25, driven by a heavily sell-skewed pattern with 18 insider sales versus just 2 purchases among 20 total insider trades recorded over the past 90 days, per SEC Form 4 filings. Dark pool activity registered at 12.4 out of 25, suggesting moderate off-exchange institutional interest. Congressional trading activity scored 1.6 out of 25, reflecting minimal legislative engagement with the stock. The pronounced insider selling trend is notable, as corporate officers and directors have consistently reduced personal holdings during this period. While institutional conviction remains robust based on 13F filings, the insider selling pattern has weighed meaningfully on the overall smart money composite assessment.
QUALCOMM Incorporated Earnings Outlook
QUALCOMM has delivered a consistent pattern of earnings beats across its three most recent reported quarters, according to company earnings reports. In the most recent quarter, the company posted earnings per share of $2.21 against analyst estimates of $2.09, a positive surprise of $0.12. The prior quarter saw a larger beat, with actual EPS of $2.65 exceeding the $2.43 consensus by $0.22. The strongest outperformance came in the quarter ending February 2026, where QCOM reported $3.50 per share versus expectations of $3.15, a $0.35 upside surprise. Looking ahead, analysts estimate EPS of $3.47 for the upcoming quarter with results expected on February 3, 2026, per analyst estimates. The sequential decline in reported EPS from $3.50 to $2.65 to $2.21 across recent quarters reflects seasonal patterns in QUALCOMM's chipset shipment volumes tied to handset manufacturing cycles.
Wall Street Analyst Ratings for QCOM
Wall Street analysts maintained their existing ratings on QUALCOMM following the company's most recent earnings report on July 30, 2026, with no upgrades or downgrades among the five firms that issued updated assessments. Rosenblatt reiterated its Buy rating, representing the most constructive view among covering analysts, per Wall Street analyst reports. Morgan Stanley and Wells Fargo both maintained Equal-Weight ratings, while Evercore ISI Group held its In-Line assessment. Cantor Fitzgerald reiterated a Neutral stance, according to SID consensus data. The overall consensus skews toward a hold-equivalent positioning, with four of five recent ratings reflecting neutral conviction and only one maintaining a bullish outlook. The absence of rating changes despite QUALCOMM's $0.12 earnings beat suggests the result was largely in line with buy-side expectations. The lack of any Sell or Underperform ratings indicates analysts do not view current levels as presenting significant downside risk to the fundamental thesis.
