QUALCOMM Incorporated (QCOM) fair value analysis
S&P 500 & Nasdaq · Updated 2026-10-19
QCOM price how computed
Forward Fair Value verdict
OvervaluedQCOM is trading at more than a 25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $175.50
- Sector
- Technology
- 12-month range
- $124.07–$251.02
- Market cap
- $187B
- From 52-week high
- -30.1%
- Shares outstanding
- 1.07B
- Rank in Technology by discount to fair value
- #136 of 181
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Qualcomm Incorporated is a technology company that designs and markets wireless telecommunications products and services, including semiconductors, software, and licensing of intellectual property related to mobile and wireless communications standards. The company operates globally with significant business activities in the United States, Europe, Asia, and other international markets.
QCOM currently ranks #136 of 181 Technology stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $187B
- P/E (trailing)
- 17x
- Revenue (TTM)
- $44.1B
- Net margin
- 21.0%
- EPS (TTM)
- $10.24
- Gross margin
- 53.1%
- Debt / equity
- 0.55
- Revenue growth (3-yr avg)
- 5.1%
- Shares outstanding
- 1.07B
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Contracting
- 52-week position
- The lower-middle quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 41 · neutral
- 50-day average
- $175.01
- 200-day average
- $169.37
- Moving-average state
- 50-day above 200-day (golden cross state); price above both averages
Dividends how computed
- Paid, last 12 months
- $3.62 per share (4 payments)
- Yield on last price
- 2.06%
- Consecutive years of increases
- 22
- Last ex-dividend date
- 2026-09-03
- Last payment date
- 2026-09-24
Earnings how computed
- Next earnings report
- 2026-11-04
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-06 ▼ miss (-0.6%)
2026-03 ▲ beat (+3.6%)
2025-12 ▲ beat (+2.9%)
2025-09 ▲ beat (+9.4%)
2025-06 ▲ beat (+2.2%)
2025-03 ▲ beat (+1.1%)
2024-12 ▲ beat (+14.0%)
2024-09 ▲ beat (+4.7%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 11 buy · 23 hold · 3 sell (37 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $194
- Target vs last price
- +10.5%
What our data shows for QCOM
- Our model validated 17 trailing price-to-earnings windows for QCOM, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $124.07–$251.02.
- The 14-day relative strength index sits at a neutral 41.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for QCOM
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent QCOM news
TickrTrends' derived news-sentiment signal for QCOM is currently leaning positive, computed from recent coverage.
- Qualcomm: Navigating The Shift From Handsets To AI (NASDAQ:QCOM) (seekingalpha.com, 2026-10-14)
TickrTrends take: Qualcomm's transition from smartphone-centric revenue to artificial intelligence-focused business lines represents a significant strategic pivot that valuation models must carefully assess. Given TickrTrends' current overvalued designation, investors should monitor whether the company's AI revenue growth can justify its present market price or whether the market is pricing in optimistic assumptions about this business shift. The success of this transition will be critical in determining whether current valuation metrics have room to contract or if revenue diversification can support elevated multiples going forward. - Is Qualcomm (QCOM) a Good or Bad Investment at Today’s Price? (insidermonkey.com, 2026-10-13)
TickrTrends take: Qualcomm trades at a valuation that TickrTrends currently assesses as overvalued relative to its fundamentals within the Technology sector. Given this overvalued classification, investors focused on valuation metrics should monitor whether the company's earnings growth or market conditions shift sufficiently to justify current price levels, or whether the stock corrects toward a more balanced valuation. The disconnect between price and underlying value suggests that valuation-conscious investors may want to track key catalysts or financial developments that could either narrow or widen this gap. - AI: More Off-Balance Sheet Shenanigans (seekingalpha.com, 2026-10-08)
TickrTrends take: The headline raises concerns about potential off-balance sheet accounting practices related to AI investments, which is particularly relevant for technology companies like QCOM that are heavily exposed to AI-related spending and strategic positioning. Given TickrTrends' current assessment that QCOM is overvalued, any obscured or understated liabilities related to AI initiatives could further inflate the gap between market price and justified valuation. Investors focused on valuation metrics should monitor whether QCOM's financial statements fully disclose all AI-related commitments and their true economic impact on the company's balance sheet and future profitability.
More QCOM news
- Can Agentic AI Power Qualcomm’s (QCOM) Next Growth Cycle? (insidermonkey.com, 2026-10-04)
- Investors Heavily Search QUALCOMM Incorporated (QCOM): Here is What You Need to Know (zacks.com, 2026-10-02)
What people are saying
Follow the QCOM conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — QCOM's sector discount rank declined this week, moving from #168 to #173 among Technology companies, indicating a reduced relative valuation advantage within its sector. The stock maintains an overvalued status according to TickrTrends' derived indicators. This ranking shift reflects weakening relative value positioning compared to peer companies in the Technology sector.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — QCOM's quality grade improved from B to A this week, while its RSI moved from overbought into neutral territory. The stock also gained ground in sector discount ranking, moving from number 177 to number 172 among Technology companies. Despite these improvements in technical indicators, QCOM remains classified as overvalued according to current valuation metrics.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — TickrTrends' derived indicators for QCOM showed a shift in momentum this week, with the Relative Strength Index moving from the neutral zone into overbought territory. The stock's current valuation verdict remains Overvalued as of this assessment period.
- 2026-09-21 — # QCOM Weekly Summary TickrTrends' derived indicators for QCOM showed a shift this week as the Relative Strength Index moved from overbought territory into the neutral zone. The stock remains classified as overvalued based on current valuation metrics within the Technology sector. This moderation in momentum suggests reduced near-term buying pressure compared to the previous week.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is QCOM stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), QCOM is trading at more than a 25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.
What is QCOM's TickrTrends verdict?
QCOM's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.
How does QCOM compare to other Technology stocks?
QCOM ranks #136 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is QCOM overbought or oversold?
QCOM's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does QCOM pay a dividend?
Yes. QCOM paid $3.62 per share over the last twelve months (4 payments), a 2.06% yield on TickrTrends' last price, and has raised the annual total for 22 consecutive years. The last ex-dividend date was 2026-09-03.
When does QCOM report earnings next?
QCOM's next earnings report is scheduled for 2026-11-04, per the published earnings calendar.
Does QCOM usually beat earnings estimates?
Over its last 8 reported quarters QCOM beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about QCOM?
Of 37 analysts covering QCOM, 11 rate it a buy, 23 a hold and 3 a sell - hold-leaning, with a consensus price target of $194 (+10.5% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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