QUALCOMM Incorporated Stock Performance
QUALCOMM Incorporated shares traded at $175.50, reflecting a modest daily gain of 0.05% per SID market data. Over the trailing one-month period, the stock declined 0.22%, while the three-month return showed a more pronounced pullback of 6.95%. On a one-year basis, QCOM posted a gain of 0.72%, indicating largely flat performance over the longer horizon. The stock currently trades above both its 50-day moving average of $172.63 and its 200-day moving average of $165.69, according to SID market data, suggesting the price remains in a moderately constructive technical position despite recent weakness. The 14-day RSI stands at 48.7, placing the stock in neutral territory with no overbought or oversold signals. QCOM carries a beta of 1.214, indicating higher volatility relative to the broader market. Average daily trading volume stands at approximately 10.0 million shares, supporting consistent institutional liquidity.
QUALCOMM Incorporated Valuation Analysis
QUALCOMM carries a market capitalization of approximately $194.2 billion and trades at a price-to-earnings ratio of 35.86, according to SID market data. This elevated multiple reflects premium pricing relative to the broader semiconductor industry, while the negative PEG ratio of -0.69 suggests analyst consensus models currently project an earnings growth trajectory that complicates traditional PEG-based valuation frameworks. The price-to-book ratio stands at 9.37, per SEC filings, indicating the market values QCOM significantly above its book value, consistent with an asset-light, IP-intensive business model. The company maintains a dividend yield of 1.94%, providing a modest income component for shareholders. Within the Technology sector, QUALCOMM's valuation metrics reflect a stock priced for growth amid its diversification efforts beyond mobile handsets into automotive, IoT, and edge AI markets. The current earnings multiple warrants monitoring alongside forward revenue guidance for justification.
Smart Money Activity for QCOM
QUALCOMM's composite smart money score stands at 42 out of 100 with a Neutral signal, according to SID market data, reflecting mixed institutional conviction. The institutional component scores a perfect 25 out of 25, indicating robust participation from large asset managers and fund complexes. However, the insider trading component registers 0 out of 25, driven by a notable imbalance in recent insider activity. Per SEC Form 4 filings, there have been 20 insider transactions over the past 90 days, all of which were sales with zero insider purchases recorded during this period. This persistent selling pattern among corporate insiders warrants attention as a potential cautionary signal. The dark pool activity score of 10.7 out of 25 suggests moderate but unremarkable off-exchange trading volumes. Congressional trading activity scores 6.8 out of 25, per 13F institutional filings, indicating limited notable positioning by members of Congress. The divergence between strong institutional ownership and consistent insider selling creates a mixed directional signal.
QUALCOMM Incorporated Earnings Outlook
QUALCOMM has demonstrated a consistent pattern of exceeding analyst expectations across its three most recent reported quarters, per company earnings reports. In the February 2026 quarter, the company posted earnings of $3.50 per share against a consensus estimate of $3.15, delivering a beat of $0.35, or approximately 11.1%. The April 2026 quarter produced actual EPS of $2.65 versus expectations of $2.43, a positive surprise of $0.22. Most recently, the July 2026 quarter saw EPS of $2.21 compared to the $2.09 estimate, representing a $0.12 upside surprise. The sequential decline in earnings from $3.50 to $2.21 reflects typical seasonal patterns in QUALCOMM's handset-driven revenue mix. Looking ahead, analysts project EPS of $2.02 for the quarter ending November 2026, according to analyst estimates. The trend of declining surprise magnitudes across successive quarters suggests analyst models have progressively recalibrated toward the company's actual performance trajectory.
Wall Street Analyst Ratings for QCOM
Recent Wall Street analyst activity on QUALCOMM reflects a predominantly cautious stance, according to SID consensus data. On September 10, 2026, Piper Sandler initiated coverage with a Neutral rating, adding a new voice to the consensus without a bullish lean. RBC Capital maintained its Sector Perform rating on September 9, 2026, reaffirming a hold-equivalent position, per Wall Street analyst reports. On the same date, Rosenblatt reiterated its Buy rating, representing the most constructive view among recent coverage actions. Cantor Fitzgerald maintained its Neutral rating on July 30, 2026, following the company's earnings release. Notably, among the five most recent analyst actions, only Rosenblatt has maintained a Buy-equivalent rating, with the remaining analysts positioning at Neutral or Sector Perform equivalents. This distribution suggests a consensus that largely views QCOM as fairly valued near current levels, with limited near-term catalysts identified to drive meaningful upside from the $175.50 trading price.