QUALCOMM Incorporated (QCOM)
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QUALCOMM Incorporated (QCOM) overview
Qualcomm designs the chips and licenses the wireless patents behind most modern smartphones, and is expanding into automotive and IoT. It is a member of the S&P 500 and is classified in the Information Technology sector — hardware, software and semiconductor companies driving the digital economy.
QUALCOMM Incorporated trades on the NasdaqGS under the ticker symbol QCOM. As of the most recent market data, the stock was priced around $171.78, up 0.65% on the session, giving QUALCOMM Incorporated a market capitalization of roughly $181.06B.
Over the past 52 weeks, QCOM has traded between $121.99 and $259.92. Shares are valued at a trailing price-to-earnings (P/E) ratio of about 18.4, a common gauge of how richly the market prices the company's earnings. QUALCOMM Incorporated also pays a dividend, currently yielding around 2.14%.
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Why investors watch QCOM
As one of the larger companies in the Information Technology sector, QUALCOMM Incorporated is closely followed by investors and often moves with broader trends across hardware, software and semiconductor companies driving the digital economy. Traders watch QCOM for earnings reports, analyst rating changes, and headlines that can shift sentiment — each of which is summarized on this page as it breaks.
Because the S&P 500 is weighted by market value, QUALCOMM Incorporated's size means its share-price moves can also nudge the index as a whole, making QCOM a stock that even index investors pay attention to.
Market Mood
Latest QCOM news
QCOM to Acquire AI Startup Modular for $4 Billion
QUALCOMM Incorporated (QCOM) is set to acquire AI startup Modular in an all-stock deal valued at nearly $4 billion. This acquisition will allow QCOM to enhance its AI capabilities by utilizing Modular's software, which enables seamless operation of AI models across various chips. Additionally, the deal includes the issuance of up to 19.2 million shares of QCOM's common stock to Modular's equity holders. Reports also indicate discussions for a potential acquisition of AI chip startup Tenstorrent for $8 to $10 billion, highlighting QCOM's strategic moves in the AI sector.
Read More: QCOM to Acquire AI Startup Modular for $4 Billion
Qualcomm (QCOM) Targets $40 Billion Transformation Strategy
Qualcomm (QCOM) is pursuing a significant $40 billion transformation strategy aimed at expanding its footprint in the data center market. The company has attracted interest from Meta, which is reportedly investing in Qualcomm's initiatives. This development underscores Qualcomm's ambition to compete with Nvidia in the lucrative data center sector, a move significant for its future revenue growth and market positioning. The effectiveness of this strategy will be closely monitored by investors, given the competitive landscape.
Read More: Qualcomm (QCOM) Targets $40 Billion Transformation Strategy
Micron (MU) Shares Surge 18% After Strong Earnings Report
Micron Technology (MU) shares increased by 18% following its fiscal Q3 earnings report, which exceeded analysts' expectations. The rally in Micron contributed to a rise in Nasdaq futures by 2.1% and S&P 500 futures by 0.7%. Additionally, Qualcomm shares climbed 10% after adjusting its guidance for non-handset revenue for fiscal 2029. The dollar index was up approximately 0.1% as market participants awaited the upcoming inflation data for May, with expectations for the PCE price index to rise by 0.5% month-over-month.
Read More: Micron (MU) Shares Surge 18% After Strong Earnings Report
Micron (MU) and Qualcomm (QCOM) Show Major Premarket Moves
Micron (MU) and Qualcomm (QCOM) were identified as stocks making significant movements in premarket trading. Specific data points regarding the percentage changes or trading volumes were not provided in the article, making it difficult to quantify the impact. However, such fluctuations typically indicate investor sentiment and broader market trends. The movement of major stocks like these often influences market direction and investment strategies.
Read More: Micron (MU) and Qualcomm (QCOM) Show Major Premarket Moves
Qualcomm (QCOM) Launches Data Center Chips, Reveals Meta Partnership
Qualcomm (QCOM) has introduced its new data center chips aimed at improving performance and efficiency. The company announced a significant deal with Meta, which will utilize these chips for its infrastructure. This development is expected to enhance Qualcomm's presence in the data center market, a sector experiencing substantial demand. The partnership signifies a strategic move to capture a larger share of this growing industry.
Read More: Qualcomm (QCOM) Launches Data Center Chips, Reveals Meta Partnership
Premarket Stock Moves: IBM, Qualcomm, Oracle, Energy Fuels Surge
Premarket trading showed notable movements for several companies. IBM (IBM) and Qualcomm (QCOM) made significant advances, reflecting investor interest. Oracle (ORCL) also saw increased activity as the market responded to its recent earnings report. Energy Fuels (UUUU) recorded notable price fluctuations as well, indicating a revaluation of its market position. These movements highlight shifting investor sentiment and sector dynamics ahead of the market opening.
Read More: Premarket Stock Moves: IBM, Qualcomm, Oracle, Energy Fuels Surge
Qualcomm (QCOM) Drops 8% on ByteDance ASIC Deal Amid Sector Concerns
Qualcomm (QCOM) shares fell 8% to $201 due to ByteDance's custom ASIC deal, igniting export-control fears within the custom-silicon sector. Marvell Technology (MRVL) also saw a decline of 10%, falling to $260, reflecting sector-wide selling pressures. In Q2 FY2026, Qualcomm reported a 13% decrease in handset revenue to $6.02 billion, offset by a 38% YoY increase in automotive revenue, reaching $1.33 billion. Despite these challenges, Qualcomm's stock is up 18% YTD and trades at a forward P/E ratio of 20x, with an analyst price target near $180.48.
Read More: Qualcomm (QCOM) Drops 8% on ByteDance ASIC Deal Amid Sector Concerns
QCOM Upgrade: Daiwa Raises Price Target to $225 Amid AI Shift
Daiwa upgraded Qualcomm (QCOM) from Neutral to Outperform on May 8, 2026, increasing its price target from $140 to $225. This $85 increase is among the highest of the year, driven by Qualcomm's transition towards AI infrastructure and data center solutions. The company reported Q2 FY2026 revenue of $10.599 billion, a 3% decline year-over-year, with EPS of $2.65 exceeding expectations. CEO Cristiano Amon noted a forthcoming custom silicon engagement with a leading hyperscaler, supporting the positive outlook for QCOM ahead of the June 24 Investor Day.
Read More: QCOM Upgrade: Daiwa Raises Price Target to $225 Amid AI Shift
Qualcomm (QCOM) Stock Jumps 6% After Daiwa Upgrade to Outperform
Qualcomm (QCOM) shares increased by 6% following an upgrade from Daiwa. The upgrade to 'Outperform' reflects optimism about Qualcomm's future performance. Upgrades from analysts can influence investor sentiment and trading activity, potentially leading to increased stock prices. This suggests a positive outlook for QCOM in the near term, impacting its market presence.
Read More: Qualcomm (QCOM) Stock Jumps 6% After Daiwa Upgrade to Outperform
Qualcomm (QCOM) Target Raised to $160 by JPMorgan on Leadership
JPMorgan has raised its price target for Qualcomm (QCOM) to $160, citing the company's leadership in technology. This adjustment reflects a strategic view of Qualcomm's market position and potential for future growth. The increase in target may influence investor sentiment towards QCOM stock, possibly affecting trading volumes. Analysts expect that this change can lead to a more favorable outlook for the stock in the coming quarters.
Read More: Qualcomm (QCOM) Target Raised to $160 by JPMorgan on Leadership
Qualcomm (QCOM) stock price target raised to $155 on AI prospects
HSBC has raised its price target for Qualcomm (QCOM) to $155, attributing the increase to the company's potential in artificial intelligence. This outlook reflects an optimistic view on how AI may enhance Qualcomm's growth prospects. The new target indicates a significant potential upside for investors, impacting market sentiment positively. As the technology sector continues to evolve, market players will be closely watching how Qualcomm capitalizes on AI developments.
Read More: Qualcomm (QCOM) stock price target raised to $155 on AI prospects
Qualcomm (QCOM) Coverage Reinstated by Barclays with Underweight Rating
Barclays has reinstated its coverage of Qualcomm (QCOM) with an underweight rating. This rating suggests a cautious outlook for the company's stock performance relative to its peers. The action is significant as analysts’ opinions can impact investor sentiment and trading volumes. The underweight rating may influence QCOM’s market perceptions and performance going forward.
Read More: Qualcomm (QCOM) Coverage Reinstated by Barclays with Underweight RatingMore Information Technology stocks
Frequently asked questions
Is QUALCOMM Incorporated in the S&P 500?
Yes. QUALCOMM Incorporated (QCOM) is a member of the S&P 500 index, classified in the Information Technology sector.
What sector is QCOM in?
QUALCOMM Incorporated is classified in the Information Technology sector of the S&P 500 — hardware, software and semiconductor companies driving the digital economy.
Where can I find the latest QCOM news?
This page collects recent QUALCOMM Incorporated (QCOM) news and market analysis, each article summarized by AI and tagged with bullish, bearish, or neutral sentiment.
What is QUALCOMM Incorporated's stock price?
As of the most recent market data, QUALCOMM Incorporated (QCOM) traded at approximately $171.78. Prices move throughout the trading day, so this reflects the latest available quote rather than a live price.
What is QUALCOMM Incorporated's market cap?
QUALCOMM Incorporated has a market capitalization of roughly $181.06B, based on its most recent share price and shares outstanding.
What is QCOM's P/E ratio?
QCOM trades at a trailing price-to-earnings ratio of about 18.4. The P/E ratio compares a company's share price to its earnings per share.