QUALCOMM Incorporated (QCOM)
Technology · Semiconductors · NASDAQ
$184.87
+1.53%
Investru Score
64.1 / 100
Good
Why is QCOM moving?
QCOM is up 1.53% today, in line with its broader uptrend.
Recent coverage: Why Qualcomm (QCOM) Outpaced the Stock Market Today
Business overview
- The company operates in the Semiconductors industry within the Technology sector, providing core connectivity and processing solutions.
- Data unavailable regarding specific segment market share figures.
- Data unavailable regarding customer concentration percentages.
These structural elements position the company as a key technology enabler, though operational stability relies heavily on cyclical semiconductor demand.
Bull case
The combination of strong free cash flow generation, a conservative balance sheet with robust liquidity, and an attractive free cash flow yield of 6.5% provides a solid foundation for long-term value creation. Furthermore, positive technical momentum with the stock trading above its key moving averages supports continued investor interest.
Bear case
A severe contraction in year-over-year earnings per share combined with a negative margin trend highlights operational headwinds that could pressure profitability further. If forward earnings expectations fail to materialize, the higher forward P/E multiple could lead to valuation contraction.
QCOM’s Investru Score changed +1 points recently. Want to know exactly what changed and why? That’s a Pro feature →
Score breakdown
- Financial Quality
- 68
- Growth
- 36
- Profitability
- 53
- Balance Sheet
- 75
- Valuation
- 80
- Momentum
- 87
Score history
+1.0 over the last 33 days, driven mainly by momentum (+13).
Financial quality
- Return on invested capital stands at 15.4%, demonstrating efficient capital allocation toward profitable projects.
- Return on equity is 26.1%, indicating strong returns generated on shareholder equity.
- Free cash flow margin is 28.9%, showing robust conversion of revenue into discretionary cash.
- Earnings quality ratio is 2.53, reflecting a healthy alignment between reported earnings and cash generation.
Together, these figures highlight a financially sound enterprise that converts profits into cash efficiently while delivering strong returns on invested capital.
- ROIC
- 15.4%
- ROE
- 26.1%
- FCF Margin
- 28.9%
- Free Cash Flow (TTM)
- $12.8B
- Earnings Quality (OCF ÷ Net Income)
- 2.5x
Valuation
- P/E ratio is 13.2, suggesting the stock is reasonably priced relative to trailing earnings.
- Forward P/E is 19.66, indicating a higher valuation multiple based on expected future earnings.
- EV to EBITDA is 17.82, placing total enterprise value at a moderate multiple of core operating earnings.
- Price-to-sales ratio is 4.6, showing how much investors are paying for each dollar of revenue.
- Free cash flow yield is 6.5%, offering an attractive cash return relative to the current share price.
- Trailing PEG ratio is unavailable.
- Forward PEG ratio is unavailable.
- Median PEG ratio is unavailable.
Together, these valuation measures suggest the stock trades at reasonable multiples relative to its earnings and cash generation, offering an appealing entry point for value-conscious investors.
- P/E (TTM)
- 13.2x
- Forward P/E
- 19.7x
- PEG (P/E ÷ EPS Growth)
- Data unavailable
- Company Median PEG
- Data unavailable
- Price / Sales
- 4.6x
- EV / EBITDA
- 17.8x
- FCF Yield
- 6.5%
Key risks
- A steep year-over-year decline in earnings per share of 44.1% could persist if cost pressures or margin compression continue.(Probability: High · Impact: High)
- A negative margin trend of -1.3% may signal ongoing erosion in operating profitability.(Probability: Medium · Impact: Medium)
- A forward P/E of 19.66 compared to a trailing P/E of 13.2 introduces valuation risk if future earnings fail to meet expectations.(Probability: Medium · Impact: Medium)
Latest earnings
- Q3 FY26 EPS
- $1.87
- Estimate
- Data unavailable
- Surprise
- Data unavailable
- Data unavailable for specific quarterly revenue figures.
- Data unavailable for specific quarterly operating income totals.
- EPS growth year-over-year is -44.1%, marking a sharp drop in profitability.
These earnings figures illustrate a challenging bottom-line environment despite ongoing top-line revenue expansion.
SEC filings
- 10-Q · Q3 FY26 · period ended 2026-06-28Filed 2026-07-29
- 10-Q · Q2 FY26 · period ended 2026-03-29Filed 2026-04-29
- 10-Q · Q1 FY26 · period ended 2025-12-28Filed 2026-02-04
- 10-K · FY25 · period ended 2025-09-28Filed 2025-11-05
- 10-Q · Q3 FY25 · period ended 2025-06-29Filed 2025-07-30
- 10-K · FY24 · period ended 2024-09-29Filed 2024-11-06
- 10-K · FY23 · period ended 2023-09-24Filed 2023-11-01
- 10-K · FY22 · period ended 2022-09-25Filed 2022-11-02
- 10-K · FY21 · period ended 2021-09-26Filed 2021-11-03
Event filings (8-K) aren't covered by this page's data source yet — only 10-K/10-Q are shown above.
Market cap $198.6B · 52-week range $121.99–$259.92 · market data as of Oct 2, 2026, 4:00 PM ET · latest SEC filing: 2026-07-29
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Analyze QCOM with Investru AINot investment advice. Investru AI summarizes public data and AI-generated analysis for informational purposes only.
