QUALCOMM Incorporated Stock Performance
QUALCOMM Incorporated shares traded at $181.03, reflecting a modest daily gain of 0.05% per SID market data. Over the trailing one-month period, QCOM appreciated 7.28%, though the three-month return remained negative at -2.96%, indicating recent recovery from a broader pullback. On a one-year basis, shares posted a relatively muted gain of 3.91%, underperforming the broader technology sector. Technically, the stock trades above both its 50-day moving average of $171.94 and its 200-day moving average of $165.45, suggesting a constructive positioning relative to intermediate and long-term trend lines. The 14-day relative strength index sits at 47.4, placing QCOM in neutral territory and away from overbought or oversold thresholds. Average daily volume stands at approximately 10.0 million shares, according to Massive/Polygon data. The stock carries a beta of 1.214, reflecting moderately higher volatility relative to the broader market.
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, per SID market data. This elevated multiple reflects premium pricing relative to historical semiconductor industry averages. The price-to-book ratio stands at 9.37, indicating investors are paying a significant premium over the company's book value. Notably, the PEG ratio registers at -0.69, according to SID market data, which reflects negative estimated earnings growth adjustments and complicates traditional growth-adjusted valuation frameworks. On the income return side, QUALCOMM offers a dividend yield of approximately 1.94%, providing a steady income component for shareholders. According to SEC filings, the company's valuation metrics position it as a richly valued technology name relative to earnings, though the dividend yield partially offsets the elevated multiples. Investors should weigh these metrics against QUALCOMM's competitive positioning in mobile chipsets and licensing revenue streams.
Smart Money Activity for QCOM
QUALCOMM's composite smart money score stands at 41 out of 100 with a neutral signal, per SID market data. Institutional positioning is notably strong, scoring a perfect 25 out of 25, indicating robust fund-level ownership and continued confidence from large asset managers according to 13F institutional filings. However, insider activity presents a contrasting picture — the insider score registers at 0.0 out of 25, the lowest possible reading. SEC Form 4 filings reveal 20 insider transactions over the past 90 days, all of which were sells with zero insider purchases recorded during this period. This persistent selling pattern from corporate insiders warrants attention. Dark pool activity scores 9.0 out of 25, suggesting below-average off-exchange accumulation. Congressional trading activity scores 6.8 out of 25, reflecting limited legislative interest in the name. The divergence between strong institutional commitment and consistent insider selling creates a mixed signal profile, with institutional conviction currently dominating the overall positioning framework for QCOM shares.
QUALCOMM Incorporated Earnings Outlook
QUALCOMM has delivered consecutive earnings beats across its three most recently reported quarters, according to company earnings reports. In the most recent quarter reported on February 4, the company posted earnings per share of $3.50, surpassing the consensus estimate of $3.15 by $0.35, representing an 11.1% positive surprise. The April 29 quarter showed EPS of $2.65 versus the $2.43 estimate, a $0.22 beat, while the July 29 quarter reported $2.21 against a $2.09 estimate. The sequential decline in reported EPS from $3.50 to $2.65 to $2.21 reflects typical seasonal patterns in QUALCOMM's handset-driven revenue mix. Looking ahead, analyst estimates project EPS of $2.02 for the quarter ending November 4, per consensus analyst estimates. This trajectory suggests continued seasonal normalization heading into the fiscal year's earlier quarters while maintaining a consistent track record of exceeding Wall Street expectations across recent reporting periods.
Wall Street Analyst Ratings for QCOM
Recent Wall Street coverage of QUALCOMM reflects a predominantly cautious stance, per SID consensus data. On September 10, Piper Sandler initiated coverage with a Neutral rating, adding a fresh perspective to the analyst community's assessment. RBC Capital maintained its Sector Perform rating on September 9, reaffirming a hold-equivalent position on the stock. Rosenblatt has been the most constructive voice among recent coverage updates, maintaining a Buy rating on both September 9 and July 30, according to Wall Street analyst reports. Cantor Fitzgerald maintained its Neutral rating on July 30, consistent with its prior assessment. Across these five most recent analyst actions, three carry neutral or hold-equivalent ratings while two maintain Buy recommendations from a single firm, Rosenblatt. The weight of recent analyst sentiment leans toward a wait-and-see approach, with the majority of coverage updates reflecting a view that QCOM shares are fairly valued near current levels around $181.03.