Why did Qualcomm (QCOM) stock move recently?

On 7/16/2026, Qualcomm moved -4.1% — QCOM fell with the broader semiconductor sector and market amid ongoing questions around AI valuation and positioning, with no company-specific catalyst reported for the session. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Qualcomm (QCOM) overvalued or fairly valued?

MarketChacha shows Qualcomm's valuation in context — a trailing P/E of about 10.9, a forward P/E of about 14.8, a price-to-book of about 6.3 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Qualcomm's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.64×) from reported figures — education, not a rating.

What is Qualcomm's revenue?

Qualcomm reported revenue of $44.3B for FY2025, with net profit of $5.5B, per official filings.

What is the share price of Qualcomm (QCOM)?

Qualcomm last traded at $158.78 (-6.6% on the day), as of 7/29/2026 — a delayed quote shown for education, not investment advice.

Qualcomm

QCOM · NASDAQ · Semiconductors · United States

Snapshot

TickerQCOM

ExchangeNASDAQ

SectorSemiconductors

CountryUnited States

Employees52,000

HeadquartersSan Diego, United States

Websitewww.qualcomm.com

Filings tracked15

About Qualcomm

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 LTE, and/or OFDMA-based 5G products and derivatives; to use cellular standard-essential patents, including 3G, 4G and 5G for cellular devices. 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. In addition, the company is also involved in Qualcomm government technologies and data center businesses. Further, it provides security and intelligence services for unmanaged networks through software-based network security solutions. QUALCOMM Incorporated was incorporated in 1985 and is headquartered in San Diego, California.

Who owns it

Insiders0.1%
Institutions84.3%
Public & other15.5%

3,697 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.10.06%
Vanguard Capital Management LLC6.58%
State Street Corporation4.94%
Invesco Ltd.3.34%
Vanguard Portfolio Management LLC3.24%
Charles Schwab Investment Management, Inc.2.93%
Geode Capital Management, LLC2.82%
Morgan Stanley1.90%

Largest institutional holders — last updated 3/31/2026.

Forensic scorecard

Margin has compressed by about 7.7 points over the period — profitability is trending down.

Cash conversion1.64×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend20.2% → 12.5%

Margin has compressed by about 7.7 points over the period — profitability is trending down.

Return on equity26.1%

Latest ROE of 26.1% — capital is generating a healthy return.

Growth qualityrev 11% · PAT -12%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $10.1B · EPS 2.38

Est. earnings growth -20.8%

Next fiscal year

Rev $44.2B · EPS 10.99

Est. earnings growth +1.7%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$44.3B

Net margin

12.5%

ROE

26.1%

Revenue CAGR (2y)

+11.2%

Profit CAGR (2y)

-12.5%

EPS (FY2025)

5.01

Net profit (FY2025)

$5.5B

Ask MarketChacha about QCOM

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 16, 2026
QCOM fell with the broader semiconductor sector and market amid ongoing questions around AI valuation and positioning, with no company-specific catalyst reported for the session.
source 1 ↗source 2 ↗source 3 ↗· confidence: low
Jul 14, 2026
QCOM fell with broader chip stocks amid a rocky July patch for the sector, with no company-specific catalyst reported on July 14.
source 1 ↗source 2 ↗· confidence: low
Jul 6, 2026
Qualcomm shares rose after Benchmark reaffirmed its Buy rating and price target, citing the company's data center growth prospects following recent meetings with senior leaders.
source 1 ↗source 2 ↗· confidence: high
Jul 2, 2026
Qualcomm shares fell amid selling pressure from its removal from multiple Russell growth and value indices, which triggered automatic sales by passive funds, and after Elon Musk denied reports of a SpaceX AI device partnership using Snapdragon chips, reversing prior optimism.
source 1 ↗source 2 ↗· confidence: high
Jun 26, 2026
Qualcomm shares fell sharply amid skepticism over its $15B AI data center chip sales target, as the relevant chips are not yet shipping and face a 2028 timeline, following the recent unregistered share issuance for the Modular acquisition.
source 1 ↗source 2 ↗· confidence: medium
Jun 25, 2026
Qualcomm shares rose on reports of a Meta Platforms data center deal and multiple analyst price target hikes, including Rosenblatt raising its target to $265 citing data center growth prospects.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jun 24, 2026
Qualcomm shares declined after the company announced a $3.9 billion all-stock acquisition of AI software startup Modular, to be funded by issuing up to 19.2 million unregistered shares, triggering dilution concerns.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jun 18, 2026
QCOM rose on continued momentum from reports of talks to acquire AI chip startup Tenstorrent for $8-10B to expand data-center capabilities, plus anticipation ahead of its June 24 Investor Day on AI/physical AI roadmap and analyst upgrades (e.g., JPMorgan positive catalyst watch).
source 1 ↗source 2 ↗source 3 ↗· confidence: medium

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about QCOM

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$44.3B	$5.5B	5.01	12.5%	26.1%
FY2024	$39.0B	$10.1B	8.97	26.0%	38.6%
FY2023	$35.8B	$7.2B	6.42	20.2%	33.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$10.6B	$7.4B*	6.88	—
2025Q4	$12.3B	$3.0B	2.78	24.5%
2025Q2	$10.4B	$2.7B	2.43	25.7%
2025Q1	$11.0B	$2.8B	2.52	25.6%
2024Q4	$11.7B	$3.2B	2.83	27.3%
2024Q2	$9.4B	$2.1B	1.88	22.7%
2024Q1	$9.4B	$2.3B	2.06	24.8%
2023Q4	$9.9B	$2.8B	2.46	27.9%
2023Q2	$8.5B	$1.8B	1.60	21.3%
2023Q1	$9.3B	$1.7B	1.52	18.4%

* Net profit includes one-off / non-operating items (e.g. a settlement or accounting gain), so it doesn’t reflect operating performance — net margin is hidden for that period.

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Unregistered equity sale
SEC6/24/2026material
8-K — Results of operations, Exhibits
SEC4/29/2026material
10-Q filing
SEC4/29/2026
8-K — Shareholder vote results
SEC3/19/2026material
8-K — Results of operations, Exhibits
SEC2/4/2026material
10-Q filing
SEC2/4/2026
8-K — Executive/director change
SEC1/16/2026material

2025

8-K — Executive/director change
SEC12/16/2025material
8-K — Bylaw/charter change, Exhibits
SEC12/10/2025material
8-K — Results of operations, Exhibits
SEC11/5/2025material
10-K filing
SEC11/5/2025
8-K — Executive/director change
SEC9/2/2025material
8-K — Executive/director change
SEC8/25/2025material
8-K — Results of operations, Exhibits
SEC7/30/2025material
10-Q filing
SEC7/30/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.