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QUALCOMM Incorporated's published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $185.9B | |
|---|---|---|
| Revenue (ttm) | 44.1B | |
| Net income (ttm) | 9.3B | |
| EPS (ttm) | $8.59 | |
| Shares out | 1.1B | |
| P/E (trailing) | 21.3x | |
| P/E (forward) | 16.7x | |
| Dividend | $3.68 (2.01%) | |
| Volume | 6,017,314 | |
| Beta | 1.65 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-09-26 | 2022-09-25 | 2023-09-24 | 2024-09-29 | 2025-09-28 | Trend |
| Revenue | $33.57B | $44.20B | $35.82B | $38.96B | $44.28B | +7.2% |
| Gross profit | $19.30B | $25.57B | $19.95B | $21.90B | $24.55B | +6.2% |
| Operating income | $9.79B | $15.86B | $7.79B | $10.07B | $12.36B | +6.0% |
| Net income | $9.04B | $12.94B | $7.23B | $10.14B | $5.54B | -11.5% |
| EPS (diluted) | $7.87 | $11.37 | $6.42 | $8.97 | $5.01 | -10.7% |
| EBITDA | $12.42B | $17.25B | $9.95B | $12.74B | $14.93B | +4.7% |
| R&D | $7.18B | $8.19B | $8.82B | $8.89B | $9.04B | +5.9% |
| SG&A | $2.34B | $2.57B | $2.48B | $2.76B | $3.11B | +7.4% |
Recent company headlines from major financial publishers.
The modal path is a mature cash generator moving through weakness before low-single-digit recovery. It fails if revenue or margin breaches the stated thresholds.
This path assumes, rather than establishes, that higher sales convert into adjusted EPS and full-year free cash flow. FY2027 adjusted EPS and FY2027 full-year cash generation are the checkpoints.
| Ke ↓ / g → | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 8.3% | $137 | $141 | $146 | $152 | $160 |
| 9.3% | $125 | $128 | $132 | $136 | $141 |
| 10.3% | $116 | $119 | $120 | $125 | $128 |
| 11.3% | $109 | $111 | $113 | $115 | $118 |
| 12.3% | $103 | $104 | $106 | $108 | $110 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
