Qualcomm (QCOM)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-11-04
$173.19+5.33%
Close 2026-11-04 · 1-day change
NASDAQInformation TechnologySemiconductorsSnapshot 2026-11-04
Research Workspace
Put QCOM beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Semiconductors is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Maintain EPS guidance near $2.2 for 2026 Q2: Comparison needs review.
View ThesisRevenue growth is slowing — up about 2% over the past year and decelerating.
View GrowthRanks among the strongest in its industry on quality — around the top 18%.
View QualityManagement screens strong on capital allocation, margins, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 41% in its worst 12-month stretch.
View RiskQualcomm's non-handset expansion must offset falling handset sales to justify the price. Revenue is shrinking, with the latest quarter down 8% year over year. The company beat its earnings estimate by 48.6% in the final quarter. It trades at 18 times earnings, well below the 50 times peer median. The price reflects less growth than our forecast suggests. The primary pillar is under pressure, but the comparison needs review. The thesis comparison is not yet verified. Peer multiples imply a price about 4% above where it trades. The thesis is on watch.
End-of-day figures as of 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Trailing returns as of 2026-11-04. QCOM is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 37 analysts currently covering QCOM (as of Nov 2026).
Based on 13 Wall Street analysts offering 12-month price targets for QCOM in the last 4 months.
Current $173.19
The last 12 months of price, then the range of analyst 12-month targets from today’s $173.19.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| QCOM Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 13 valuation methods, at three horizons. As of 2026-11-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
A price-focused, side-by-side fair-value read versus Semiconductors — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put QCOM next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Maintain EPS guidance
Confirms EPS guidance execution despite market volatility.
Advances: Execute non-handset revenue growth and Data Center expansion
Q4 beat driven by automotive growth confirms non-handset expansion.
Threatens: Execute growth strategy with focus on non-handset revenue expansion
Significant handset revenue decline threatens core growth strategy.
Advances: Execute non-handset revenue growth and Data Center expansion
Management confirms data center ramp, validating expansion objective.
Threatens: Maintain EPS guidance
Analyst flags on margin pressure challenge EPS guidance maintenance.
Threatens: Maintain EPS guidance
10% drop signals market skepticism on earnings and guidance.
Threatens: Maintain EPS guidance
Premarket slide reflects negative sentiment on upcoming results.
Threatens: Execute non-handset revenue growth and Data Center expansion
AI boom casualty narrative threatens non-handset growth objective.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.