Intrinsiqq
QUALCOMM Incorporated logoQUALCOMM IncorporatedQCOM
$172.11-3.53%
QUALCOMM Incorporated logo

QUALCOMM Incorporated

QCOM

$172.11

-$6.29 (-3.53%)

⊜ Compare
ProfitabilityStrong marginsGrowthSteady growthCash FlowStrong conversionValuationFairly valued
What stands out

Margins and capital returns are both well above average: 27.90% operating margin, ROIC at 24.85%. Consistent with durable pricing power, though that alone doesn't make it a buy.

What's changing

Revenue up 13.7% YoY with margins expanding 2.1pp.

What deserves caution

Even for strong businesses, today's 20x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.

Valuation context

19.6x earnings, 17.3x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.

Price History

+4.9%

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$180.72B
EPS$8.76
P/E19.65
P/FCF17.35
EV/EBITDA17.86
FCF Yield5.8%
Div. Yield2.12%
Net Debt/FCF0.7x
52-Week Range
$124.07$251.02

Profitability & Returns

Revenue (TTM)

$44.07B

▲ +13.7% YoY

Net Income (TTM)

$9.26B

▼ -45.4% YoY

Op. Margin

23.19%

▲ +2.1pp YoY

ROIC

20.64%

Cash Flow & Balance Sheet

FCF (TTM)

$10.42B

▲ +14.9% YoY

Op. Cash Flow (TTM)

$12.40B

▲ +14.8% YoY

Net Debt

$6.97B

Cash & Equiv.

$8.30B

5Y CAGR: +13.5%

5Y CAGR: +23.8%

Continue Research

SourceComputed from the 10-Q filed 27 Jul 2026, covering the period ending 28 Jun 2026, as reported to the SEC. Data last refreshed 30 Jul 2026. How this is calculated.

Price from market data, last close as of 16 Oct 2026. Fiscal year ends Sep. Sector medians are approximate S&P 500 benchmarks and update periodically.

Is QUALCOMM (QCOM) overvalued?

At a P/E of 19.6 and a price-to-free-cash-flow of 17.3, QUALCOMM (QCOM) trades around a two-stage DCF intrinsic value of about $181.83 per share, so at $172.11 the stock looks around fair value (5.6% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.

On quality, QUALCOMM scores 64/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.1%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.

Frequently asked

What is QUALCOMM's fair value?+

Intrinsiqq's two-stage DCF estimates an intrinsic value of about $181.83 per share for QCOM, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $136.37. At today's $172.11, that puts the stock about 5.6% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.

Is QUALCOMM a high-quality business?+

QUALCOMM scores 64 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 23.2% operating margin and a 20.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.

Does QUALCOMM (QCOM) pay a dividend, and how much?+

Yes, QUALCOMM pays a regular dividend of about $3.58 per share per year (typically in quarterly installments), a yield of roughly 2.1% at the current price. That is a payout ratio of about 41.3% of earnings, so the dividend is well covered. QUALCOMM has grown the dividend at roughly 6.1% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For QCOM's full payout history, growth streak and dividend-safety score, see the dividends tab.

Is QUALCOMM a good stock to buy right now?+

That depends on valuation and quality together, not either alone. QCOM currently trades around its estimated intrinsic value and scores 64/100 on quality (solid). It also yields about 2.1%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.

Related stocks: Radio & Tv Broadcasting & Communications Equipment

Spot a number that looks wrong?

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

SectorsPrivacyTerms© 2026 Intrinsiqq

Not financial advice. Analytical data for research only.

Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.