QCOM logo
QUALCOMM Incorporated
QCOM
179.27 (0.31%) 0.56
192.29(B)
Information Technology
Semiconductors and Semiconductor Equipment
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 portfolio which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000 WCDMA LTE and/or OFDMA-based 5G products. The QSI segment invests in early-stage companies in various industries including 5G artificial intelligence automotive consumer enterprise cloud IoT and extended reality and investments including non-marketable equity securities and to a lesser extent marketable equity securities and convertible debt instruments. It also provides development and other services and sells related products to the United States government agencies and their contractors. The company was incorporated in 1985 and is headquartered in San Diego California.

My Quality Checklist

5Y Shares Out Change < 0%
ROIC > 10%
Debt/Equity < 1
Current Ratio > 1
Quick Ratio > 1
Net Margin > 10%
Past Net Income CAGR > 0%
Est. EPS Growth > 5%
0.0%of Portfolio

My holdings

Day change:
Total change:
Shares:
Cost basis:
Compare
Market cap:$192.29(B)
EV:$196.65(B)
Total Equity:$27.21(B)
Div. yield:1.92%
Earnings date:Nov-05-2025
P/E:17.12
P/E (fwd):15.08
P/FCF:16.72
P/S:4.58
P/B:7.14
EPS:$10.5
EPS (fwd):$11.9
FCF/share:$10.7
Book value/share:$25.1
Dividend/share:$3.4
ROIC:28.5%
ROA:21.5%
ROE:44.6%
Gross margin:55.7%
Net margin:26.8%

QCOM Valuation & Price Targets

Current Price
$179
Day change: +0.31%
PEvaluation
N/A
N/A
Analyst targets
N/A
N/A
DCF (2-stage)
N/A
N/A
DCF (simple)
N/A
N/A
DCF (exit mult.)
N/A
N/A
EPS growth
N/A
N/A
Revenue growth
N/A
N/A
Peter Lynch FV
N/A
N/A
Graham No.
N/A
N/A
DDM
N/A
N/A

PEvaluation

53% undervalued
Low
$205
Mid
$274
High
$342
Current price
$179
Fair P/E
Margin of safety
EPS
Market Model
Shares outstan...ROICRevenue growthDebt/FCFAssets/Liabili...
Economic moat: Very wide

EPS Estimates

LowAvgHigh#
FY+111.811.912.030
FY+211.112.114.030
FY+311.512.313.319
FY+413.013.413.64
FY+515.215.215.21

Analyst Price Targets

4% overvalued
Low
$140
Mid
$173
High
$225
Current price
$179

Analyst Recommendations

Strong Buy5
Buy11
Hold19
Sell1
Strong Sell0

2-stage DCF

First Stage Duration
Starting Free Cash Flow
First Stage Growth Rate
LowMidHigh
Terminal Growth Rate
LowMidHigh
Discount Rate

Discounted Cash Flow

Forecast years
Terminal Growth Rate
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years
Exit FCF Multiple
LowMidHigh
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

EPS Growth

Forecast years
Starting EPS
EPS Growth Rate
LowMidHigh
Final P/E
LowMidHigh
Discount Rate

Revenue Growth Valuation

Forecast Years
Base Revenue
Revenue Growth Rate
LowMidHigh
Final Net Margin
LowMidHigh
Final P/E Ratio
LowMidHigh
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Government Bond Rate

Dividend Discount Model

Annual Dividend
First Stage Length (Years)
First Stage Growth Rate
Final Growth Rate
Discount Rate

TTM Financials

Income (TTM)

RevenueGrossNet
Revenue$43.26(B)
Gross profit$24.09(B)
EBITDA$13.87(B)
Net income$11.58(B)
Gross margin55.7%
Operating margin27.8%
Net margin26.8%
Shares outstanding:1.07(B)

Balance sheet

Cash & ST inv.Other ST assetsLong term assetsCurrent liabilitiesLong term debtOther LT liabilitiesEquity
Total assets$54.86(B)
Current assets$24.91(B)
Total liabilities$27.65(B)
Current liabilities$7.80(B)
Cash & Short-term inv.$10.01(B)
Long-term debt$14.79(B)
Total intangibles$12.57(B)
PP&E$4.50(B)

Cash flow (TTM)

CFOCFICFF
FCF$11.62(B)
CapEx$-1.04(B)
Dividends paid$-3.80(B)
Stock issued$388.00(M)
Stock repurchased$-8.66(B)
Stock-based comp.$2.82(B)
Debt issued$2.48(B)
Debt repaid$-2.36(B)

Per share data (TTM)

Price: $179
Revenue: $39.1 (4.6x | 21.8%) Gross profit: $22.5 (8.0x | 12.5%) Earnings: $10.5 (17.1x | 5.8%)
FCF: $10.7 (16.7x | 6.0%) Stock-based Comp.: $2.63 (68.3x | 1.5%) CapEx.: $0.97 (184.7x | 0.5%) Dividend: $3.44 (52.1x | 1.9%)
Total Assets: $51.1 (3.5x | 28.5%) Total Liabilities: $25.8 (7.0x | 14.4%) Book Value: $25.1 (7.1x | 14.0%) Cash & ST inv.: $9.33 (19.2x | 5.2%) Debt: $13.8 (13.0x | 7.7%)
Earnings FY+1: $11.9 (15.1x | 6.6%) Earnings FY+2: $12.1 (14.8x | 6.7%) Earnings FY+3: $12.3 (14.6x | 6.8%) Earnings FY+4: $13.4 (13.3x | 7.5%) Earnings FY+5: $15.2 (11.8x | 8.5%)
FCF FY+1: $11.6 (15.5x | 6.4%) FCF FY+2: $12.4 (14.4x | 6.9%) FCF FY+3: $12.2 (14.7x | 6.8%) FCF FY+4: $12.9 (13.9x | 7.2%) FCF FY+5: $15.2 (11.8x | 8.5%)

Growth Estimates

Revenue

CAGR: 2.7%
FY+1FY+2FY+3FY+4
FY+1$43.56(B)
FY+2(+2.0%)$44.42(B)
FY+3(+3.0%)$45.75(B)
FY+4(+3.0%)$47.13(B)

Net Income

CAGR: 5.6%
FY+1FY+2FY+3FY+4FY+5
FY+1$13.13(B)
FY+2(-1.5%)$12.94(B)
FY+3(+0.9%)$13.06(B)
FY+4(+7.6%)$14.05(B)
FY+5(+16.1%)$16.32(B)

EPS

CAGR: 6.3%
FY+1FY+2FY+3FY+4FY+5
FY+1$11.89
FY+2(+1.7%)$12.09
FY+3(+1.5%)$12.27
FY+4(+9.5%)$13.43
FY+5(+12.9%)$15.16

FCF per share

CAGR: 7.1%
FY+1FY+2FY+3FY+4FY+5
FY+1$11.56
FY+2(+7.6%)$12.44
FY+3(-2.2%)$12.17
FY+4(+5.6%)$12.85
FY+5(+18.4%)$15.22

Historical Financials

Showing limited histrical data.
TTM (Y)TTM (Q)FYFQ
Income(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.010.0(B)20.0(B)30.0(B)40.0(B)
Revenue Operating Income Net IncomeCOGSGross ProfitTotal OpEx.R&DSG&AInterest ExpenseInterest IncomePre-tax incomeIncome tax
Cash flow(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.02.0(B)4.0(B)6.0(B)8.0(B)10.0(B)12.0(B)
Stock-based Comp. FCFCFONet IncomeD&ACFFStock IssuedStock RepurchasedDebt IssuedDebt RepaidDividend PaidCFIAcquisitionsDivestituresCapital Expenditures
Balance sheet(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.010.0(B)20.0(B)30.0(B)40.0(B)50.0(B)
Total Assets Total LiabilitiesCurrent assetsCash and EquivalentsShort-term investmentsInventoriesReceivablesNon-current assetsNet PP&EIntangible AssetsGoodwillCurrent liabilitiesShort-Term DebtAccounts payableNon-current liabilitiesLong-Term DebtTotal Equity
Per share data(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.02.04.06.08.010.0
EPS (Basic) FCF/Share Dividend/ShareEPS (Diluted)Book value/ShareCash & ST inv./ShareDebt/Share
Ratios(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.05.010.015.020.025.0
P/E P/S EV/EarningsP/FCFP/BEV/FCFDebt/EquityPayout ratio
Margins(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%10%20%30%40%50%60%
Net Income Margin Operating Margin Gross MarginEBITDA MarginFCF Margin
Returns(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0%10%20%30%
ROIC ROAROCEROE
Shares outstanding(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.0200.0(M)400.0(M)600.0(M)800.0(M)1.0(B)
Shares (Basic)Shares (Diluted)
Market Cap.(show more...)
Q3'20 (TTM)Q3'21 (TTM)Q3'22 (TTM)Q3'23 (TTM)Q3'24 (TTM)Q3'25 (TTM)0.050.0(B)100.0(B)150.0(B)200.0(B)
Market Cap.

KPIs

Revenue By Segment(show more...)
12/20223/20236/20239/202312/20233/20246/20249/202412/20243/2025
Equipment and Services Licensing

Competitors & Peers

Ownership

Major holders

*Excludes indirect insider ownership

Insiders: 0.13%
Institutions: 81.03%
Other: 18.85%

Institutional ownership

10.63% Vanguard Group Inc9.34% Blackrock Inc.4.97% State Street Corporati...2.38% Geode Capital Manageme...1.81% Morgan Stanley1.58% NORGES BANK1.32% Bank of America Corpor...1.18% Northern Trust Corpora...1.14% UBS AM, a distinct bus...1.07% Amundi45.61% Others

Trading Summary

In the past year, insiders have bought $0.00 worth of the company's stock, and sold $39.93(M).

Congress members have bought between $2.01(M) - $10.13(M) worth of the company's stock, and sold between $63007 - $245000.

Insider transactions

$0.002025-11$0.00
$24.83(M)2025-10$0.00
$6010462025-09$0.00
$8876862025-08$0.00
$5375602025-07$0.00
$4869652025-06$0.00
$8070382025-05$0.00
$4466042025-04$0.00
$7700762025-03$0.00
$3.92(M)2025-02$0.00
$4638512025-01$0.00
$3.80(M)2024-12$0.00
$2.38(M)2024-11$0.00
DateSharesTotal ($)Price ($)NameTitle
Sell2025-10-01150,00024,833,983165.6AMON CRISTIANO RENNOChief Executive Officer
Grant2025-09-3042800.0MCLAUGHLIN MARK DDirector
Grant2025-09-3020200.0TRICOIRE JEAN-PASCALDirector
Grant2025-09-3017200.0SMIT NEILDirector
Grant2025-09-3017200.0YOUNG CHRISTOPHER DAVIDDirector
Sell2025-09-2220134,170170.0GRECH PATRICIA YOfficer
Sell2025-09-1227344,068161.4GRECH PATRICIA YOfficer
Grant2025-09-021,04900.0KOLTER JEREMY ZDirector
Sell2025-09-023,333522,808156.9PALKHIWALA AKASH JChief Operating Officer
Sell2025-08-2723637,373158.4GRECH PATRICIA YOfficer
Sell2025-08-21791122,463154.8MARTIN NEIL AOfficer
Sell2025-08-043,333493,610148.1PALKHIWALA AKASH JChief Operating Officer
Sell2025-08-011,600234,240146.4ACE HEATHER SOfficer
Sell2025-07-023,333537,560161.3PALKHIWALA AKASH JChief Operating Officer
Grant2025-06-3045500.0MCLAUGHLIN MARK DDirector
Grant2025-06-3021100.0TRICOIRE JEAN-PASCALDirector
Grant2025-06-3018000.0SMIT NEILDirector
Sell2025-06-023,333486,965146.1PALKHIWALA AKASH JChief Operating Officer
Sell2025-05-21786120,808153.7MARTIN NEIL AOfficer
Grant2025-05-121,74800.0YOUNG CHRISTOPHER DAVIDDirector
Sell2025-05-053,333465,846139.8PALKHIWALA AKASH JChief Operating Officer
Sell2025-05-021,600220,384137.7ACE HEATHER SOfficer
Sell2025-04-0964891,442141.1PALKHIWALA AKASH JChief Operating Officer
Sell2025-04-08904119,900132.6PALKHIWALA AKASH JChief Operating Officer
Sell2025-04-041,781235,262132.1PALKHIWALA AKASH JChief Operating Officer
Grant2025-03-3145100.0MCLAUGHLIN MARK DDirector
Grant2025-03-3121900.0TRICOIRE JEAN-PASCALDirector
Grant2025-03-3118700.0SMIT NEILDirector
Grant2025-03-182,09700.0ROSENFELD IRENE BDirector
Grant2025-03-182,09700.0MILLER JAMIE SDirector
Grant2025-03-182,09700.0MCLAUGHLIN MARK DDirector
Grant2025-03-182,09700.0HENDERSON JEFFREY WILLIAMDirector
Grant2025-03-182,09700.0LIVERMORE ANN MDirector
Grant2025-03-182,09700.0FIELDS MARK FDirector
Grant2025-03-182,09700.0TRICOIRE JEAN-PASCALDirector
Grant2025-03-182,09700.0ACEVEDO SYLVIADirector
Grant2025-03-182,09700.0SMIT NEILDirector
Grant2025-03-182,09700.0MYERS MARIE ELIZABETHDirector
Sell2025-03-121,600246,784154.2ACE HEATHER SOfficer
Sell2025-03-033,337523,292156.8PALKHIWALA AKASH JChief Operating Officer
Sell2025-02-21744130,074174.8MARTIN NEIL AOfficer
Sell2025-02-123,000509,397169.8PALKHIWALA AKASH JChief Operating Officer
Sell2025-02-1019,2873,275,553169.8ROGERS ALEXANDER HOfficer
Sell2025-01-023,000463,851154.6PALKHIWALA AKASH JChief Operating Officer
Grant2024-12-3121900.0TRICOIRE JEAN-PASCALDirector
Grant2024-12-3118700.0SMIT NEILDirector
Sell2024-12-162,587409,056158.1CHAPLIN ANN CGeneral Counsel
Sell2024-12-107,7171,239,288160.6CHAPLIN ANN CGeneral Counsel
Sell2024-12-1010,3731,665,781160.6ROGERS ALEXANDER HOfficer
Grant2024-12-0925,45500.0CHAPLIN ANN CGeneral Counsel
Grant2024-12-0972,45000.0AMON CRISTIANO RENNOChief Executive Officer
Grant2024-12-0922,64100.0ROGERS ALEXANDER HOfficer
Grant2024-12-0940,75400.0THOMPSON JAMES H.Chief Technology Officer
Grant2024-12-0912,45300.0ACE HEATHER SOfficer
Grant2024-12-0921,73600.0PALKHIWALA AKASH JChief Operating Officer
Sell2024-12-053,000484,617161.5PALKHIWALA AKASH JChief Operating Officer
Sell2024-11-211,304202,120155.0MARTIN NEIL AOfficer
Sell2024-11-143,000491,349163.8PALKHIWALA AKASH JChief Operating Officer
Sell2024-11-088,0001,376,720172.1THOMPSON JAMES H.Chief Technology Officer
Sell2024-11-041,901313,779165.1CHAPLIN ANN CGeneral Counsel

Congressional trading

$0.002025-11$0.00
$0.002025-10$0.00
$0.002025-09$0.00
$0.002025-08$0.00
$0.002025-07$0.00
$0.002025-06$0.00
$0.002025-05$16001
$890032025-04$24002
$0.002025-03$16001
$0.002025-02$0.00
$0.002025-01$6.00(M)
$0.002024-12$0.00
$650012024-11$8001
DatePoliticianPartyChamberAmount ($)
Buy2025-05-19Ro KhannaDHouse$1,001 - $15,000
Buy2025-05-05Marjorie Taylor GreeneRHouse$1,001 - $15,000
Sell2025-04-09Ro KhannaDHouse$15,001 - $50,000
Buy2025-04-08Marjorie Taylor GreeneRHouse$1,001 - $15,000
Sell2025-04-08Rob BresnahanRHouse$1,001 - $15,000
Buy2025-04-07Jared MoskowitzDHouse$1,001 - $15,000
Sell2025-04-07Jefferson ShreveRHouse$15,001 - $50,000
Buy2025-04-04Marjorie Taylor GreeneRHouse$1,001 - $15,000
Sell2025-04-04Ro KhannaDHouse$1,001 - $15,000
Sell2025-04-04Ro KhannaDHouse$1,001 - $15,000
Buy2025-03-06Ro KhannaDHouse$1,001 - $15,000
Buy2025-03-06Ro KhannaDHouse$1,001 - $15,000
Buy2025-01-22Ro KhannaDHouse$1,000,001 - $5,000,000
Buy2025-01-22Ro KhannaDHouse$1,000,001 - $5,000,000
Buy2024-11-20Marjorie Taylor GreeneRHouse$1,001 - $15,000
Sell2024-11-12Ro KhannaDHouse$15,001 - $50,000
Sell2024-11-12Ro KhannaDHouse$15,001 - $50,000
Buy2024-10-31William R. KeatingDHouse$1,001 - $15,000

Summary

Tools

Dividend Income

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What is the Dividend Income Calculator?

The Dividend Income Calculator helps you estimate the yearly, quarterly, monthly, and daily income of your investments.

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Required Investment

Dividend Yield
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The Required Investment Calculator helps you determine the amount of money you need to invest in a stock to achieve a desired dividend.

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Future Dividend Yield

Base Dividend
Current Price
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What is the Future Yield Calculator?

The Future Yield Calculator helps you estimate the future dividend yield of a stock based on its current dividend, price, and expected dividend growth rate.

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Enter the base dividend, current price, number of years, and dividend growth rate. Optionally, preload stock data to automatically fetch the dividend and price. The calculator will display the current yield and the projected future yield.

Future Dividend Income

Base Dividend
Number of Years
Dividend Growth Rate
What is the Future Dividend Income Calculator?

The Future Dividend Income Calculator helps you estimate the future dividend income from your investments based on the current dividend yield and expected growth rate.

How to Use This Calculator?

Enter the current dividend yield, expected growth rate, and investment duration. Optionally, preload stock data to automatically fetch the dividend yield.