QUALCOMM Incorporated Stock Performance
QUALCOMM shares traded at $164.79, per SID market data, reflecting a modest daily gain of 0.05% but broader weakness across multiple timeframes. Over the past month, QCOM declined 9.5%, and over the trailing twelve months, the stock posted a loss of 9.68%. The three-month return of 8.72% provided a brief reprieve but failed to offset longer-term underperformance. Technically, QCOM trades below both its 50-day moving average of $177.84 and its 200-day moving average of $168.52, according to Massive/Polygon data, signaling sustained downward momentum. The 14-day RSI stands at 42.6, placing the stock in neutral-to-slightly-oversold territory without triggering traditional oversold thresholds. 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, and the company holds a market capitalization of $194.2 billion.
QUALCOMM Incorporated Valuation Analysis
QUALCOMM currently trades at a price-to-earnings ratio of 35.86, per SID market data, a premium multiple for a semiconductor company that reflects elevated market expectations relative to current earnings. The price-to-book ratio stands at 9.37, according to SEC filings, indicating the stock trades at a significant markup to its book value. The PEG ratio registers at -0.69, a negative figure suggesting that forward earnings growth estimates have turned negative or that the relationship between valuation and expected growth is inverted. QUALCOMM offers a dividend yield of 1.94%, providing income-oriented investors with a modest return. Given the stock's position within the Technology sector, these valuation metrics place QCOM at a relative premium compared to broader semiconductor peers. The combination of an elevated P/E and negative PEG ratio warrants attention, as it may indicate that analysts anticipate an earnings contraction in upcoming periods relative to the current earnings base.
Smart Money Activity for QCOM
QUALCOMM's composite smart money score stands at 44 out of 100 with a Neutral signal, per SID market data, reflecting mixed positioning across institutional and insider channels. Institutional sentiment scores a perfect 25 out of 25, indicating strong confidence from large fund managers based on 13F institutional filings. In contrast, insider activity scores 0.0 out of 25, the lowest possible reading, driven by net selling pressure. According to SEC Form 4 filings, there were 20 insider transactions in the last 90 days, comprising 8 purchases and 12 sales, tilting the balance toward insider disposition. Dark pool activity scored 12.5 out of 25, suggesting moderate but not outsized off-exchange trading interest. Congressional trading activity registered 6.8 out of 25, reflecting minimal legislative interest in QCOM shares. The divergence between strong institutional positioning and weak insider sentiment creates a conflicting signal, with large institutions accumulating while company insiders have been net sellers during the recent period.
QUALCOMM Incorporated Earnings Outlook
QUALCOMM has delivered three consecutive quarters of earnings beats, according to company earnings reports. In the most recent reported quarter ending February 2026, QCOM posted earnings of $3.50 per share against analyst estimates of $3.15, a positive surprise of $0.35 or 11.1%. The April 2026 quarter followed with actual EPS of $2.65 versus the $2.43 consensus, a $0.22 beat. In the July 2026 quarter, QUALCOMM reported $2.21 per share against expectations of $2.09, reflecting a $0.12 upside surprise. The trend shows progressively narrowing beat magnitudes, declining from $0.35 to $0.12 across three quarters. Looking ahead, the next earnings release is scheduled for November 4, 2026, with analyst estimates currently at $2.02 per share. The sequential decline in EPS from $3.50 to an estimated $2.02 reflects seasonal patterns typical of QUALCOMM's handset-driven revenue cycle.
Wall Street Analyst Ratings for QCOM
Wall Street analyst coverage of QUALCOMM reflects a divided consensus, per SID consensus data. In the most recent actions, Susquehanna maintained a Neutral rating on October 21, 2026, while TD Cowen reiterated a Buy rating on October 19, 2026. Piper Sandler initiated coverage with a Neutral rating on September 10, 2026, and RBC Capital maintained its Sector Perform rating on September 9, 2026, according to Wall Street analyst reports. Rosenblatt maintained a Buy rating on September 9, 2026, representing the most constructive view among recent coverage updates. Of the five most recent analyst actions, two firms hold Buy ratings while three maintain Neutral or equivalent positions, producing a split sentiment profile. No analysts in the recent sample issued Sell or Underperform ratings. The lack of upgrades or downgrades across all five actions suggests a stable but cautious Wall Street posture, with no firm shifting its fundamental thesis on QUALCOMM during this period.