Overview Dividends

(QCOM) Qualcomm - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7475251036

Modems, Chipsets, Patents, Automotive, IoT

QCOM EPS (Earnings per Share)

EPS Growth (3Y CAGR): 8.95%
EPS Trend (3Y Correlation): 75.0%

QCOM Revenue

Revenue Growth (3Y CAGR): 6.56%
Revenue Trend (3Y Correlation): 78.9%

Risk via 10d forecast
Volatility	45.1%
Value at Risk 5%th	57.6%

Reward
Sharpe Ratio	0.19
Alpha Jensen	-15.65

Character
Hurst Exponent	0.436
Beta	1.208

Drawdowns 3y
Max DD	44.23%
Mean DD	17.44%

Description: QCOM Qualcomm September 24, 2025

Qualcomm Incorporated (NASDAQ: QCOM) develops and commercializes core wireless technologies through three operating segments: Qualcomm CDMA Technologies (QCT), which designs integrated circuits and system software for mobile devices, automotive connectivity, and IoT; Qualcomm Technology Licensing (QTL), which monetizes a broad portfolio of patents covering CDMA2000, WCDMA, LTE, and 5G OFDMA standards; and Qualcomm Strategic Initiatives (QSI), which invests in early-stage companies across 5G, AI, automotive, cloud, and extended-reality, while also providing specialized services to U.S. government agencies.

In fiscal 2023 Qualcomm generated ≈ $33.6 billion in revenue, with QCT contributing roughly 78 % of total sales and QTL delivering a profit margin above 70 % due to the high-margin nature of licensing. The company’s R&D spend remained at about $7.2 billion (≈ 21 % of revenue), reflecting its commitment to maintaining leadership in 5G chipset development. According to IDC’s Q2-2024 report, Qualcomm held ~40 % share of the global 5G smartphone modem market, a key driver of its earnings outlook.

Key macro-level drivers for Qualcomm include the accelerating rollout of 5G infrastructure worldwide, which underpins demand for both handset and automotive connectivity solutions, and the broader shift toward electrified and autonomous vehicles that require high-bandwidth, low-latency communication stacks. Conversely, the company is exposed to supply-chain bottlenecks in advanced semiconductor manufacturing and to regulatory scrutiny over patent licensing practices, both of which introduce material uncertainty to its cash-flow forecasts.

If you want a data-rich, model-backed perspective on how these dynamics translate into valuation risk and upside, a quick look at ValueRay’s analyst toolkit can help you surface the most material assumptions.

QCOM Stock Overview

Market Cap in USD	183,023m
Sub-Industry	Semiconductors
IPO / Inception	1991-12-13
Return 12m vs S&P 500	-8.44%
Analyst Rating	3.73 of 5

QCOM Dividends

Dividend Yield	2.51%
Yield on Cost 5y	3.37%
Yield CAGR 5y	6.85%
Payout Consistency	85.2%
Payout Ratio	29.3%

QCOM Growth Ratios

CAGR	14.09%
CAGR/Max DD Calmar Ratio	0.32
CAGR/Mean DD Pain Ratio	0.81
Current Volume	8419.1k
Average Volume	8675.2k

Piotroski VR‑10 (Strict, 0-10) 8.0

Net Income (5.54b TTM) > 0 and > 6% of Revenue (6% = 2.66b TTM)

FCFTA 0.26 (>2.0%) and ΔFCFTA 5.33pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 37.51% (prev 37.80%; Δ -0.29pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.28 (>3.0%) and CFO 14.01b > Net Income 5.54b (YES >=105%, WARN >=100%)

Net Debt (9.29b) to EBITDA (14.93b) ratio: 0.62 <= 3.0 (WARN <= 3.5)

Current Ratio 2.82 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (1.10b) change vs 12m ago -2.21% (target <= -2.0% for YES)

Gross Margin 55.43% (prev 56.22%; Δ -0.79pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 84.11% (prev 70.64%; Δ 13.47pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 20.07 (EBITDA TTM 14.93b / Interest Expense TTM 664.0m) >= 6 (WARN >= 3)

Altman Z'' 5.99

(A) 0.33 = (Total Current Assets 25.75b - Total Current Liabilities 9.14b) / Total Assets 50.14b

(B) 0.41 = Retained Earnings (Balance) 20.65b / Total Assets 50.14b

(D) 0.73 = Book Value of Equity 21.21b / Total Liabilities 28.94b

Total Rating: 5.99 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 92.08

1. Piotroski 8.0pt = 3.0

2. FCF Yield 6.83% = 3.42

3. FCF Margin 28.95% = 7.24

4. Debt/Equity 0.70 = 2.26

5. Debt/Ebitda 0.62 = 2.21

6. ROIC - WACC (= 33.52)% = 12.50

7. RoE 21.51% = 1.79

8. Rev. Trend 78.88% = 5.92

9. EPS Trend 74.96% = 3.75

What is the price of QCOM shares?

As of November 12, 2025, the stock is trading at USD 173.98 with a total of 8,419,074 shares traded.
Over the past week, the price has changed by +0.66%, over one month by +7.54%, over three months by +18.25% and over the past year by +5.71%.

Is Qualcomm a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Qualcomm (NASDAQ:QCOM) is currently (November 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 92.08 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of QCOM is around 166.72 USD . This means that QCOM is currently overvalued and has a potential downside of -4.17%.

Is QCOM a buy, sell or hold?

Qualcomm has received a consensus analysts rating of 3.73. Therefor, it is recommend to hold QCOM.

Strong Buy: 12
Buy: 5
Hold: 19
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the QCOM price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	186.8	7.4%
Analysts Target Price	186.8	7.4%
ValueRay Target Price	187.9	8%

QCOM Fundamental Data Overview November 09, 2025

Market Cap USD = 183.02b (183.02b USD * 1.0 USD.USD)
P/E Trailing = 34.1098
P/E Forward = 13.947
P/S = 4.1329
P/B = 6.6959
P/EG = 1.9381
Beta = 1.208
Revenue TTM = 44.28b USD
EBIT TTM = 13.33b USD
EBITDA TTM = 14.93b USD
Long Term Debt = 14.79b USD (from longTermDebt, two quarters ago)
Short Term Debt = unknown (none)
Debt = 14.81b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.29b USD (from netDebt column, last quarter)
Enterprise Value = 187.68b USD (183.02b + Debt 14.81b - CCE 10.15b)
Interest Coverage Ratio = 20.07 (Ebit TTM 13.33b / Interest Expense TTM 664.0m)
FCF Yield = 6.83% (FCF TTM 12.82b / Enterprise Value 187.68b)
FCF Margin = 28.95% (FCF TTM 12.82b / Revenue TTM 44.28b)
Net Margin = 12.51% (Net Income TTM 5.54b / Revenue TTM 44.28b)
Gross Margin = 55.43% ((Revenue TTM 44.28b - Cost of Revenue TTM 19.74b) / Revenue TTM)
Gross Margin QoQ = 55.34% (prev 55.56%)
Tobins Q-Ratio = 3.74 (Enterprise Value 187.68b / Total Assets 50.14b)
Interest Expense / Debt = 1.15% (Interest Expense 170.0m / Debt 14.81b)
Taxrate = 204.9% (out of range, set to none) (6.09b / 2.97b)
NOPAT = unknown (EBIT/Op.Income or Taxrate missing)
Current Ratio = 2.82 (Total Current Assets 25.75b / Total Current Liabilities 9.14b)
Debt / Equity = 0.70 (Debt 14.81b / totalStockholderEquity, last quarter 21.21b)
Debt / EBITDA = 0.62 (Net Debt 9.29b / EBITDA 14.93b)
Debt / FCF = 0.72 (Net Debt 9.29b / FCF TTM 12.82b)
Total Stockholder Equity = 25.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.05% (Net Income 5.54b / Total Assets 50.14b)
RoE = 21.51% (Net Income TTM 5.54b / Total Stockholder Equity 25.76b)
RoCE = 32.87% (EBIT 13.33b / Capital Employed (Equity 25.76b + L.T.Debt 14.79b))
RoIC = 43.21% (EBIT 13.33b / (Assets 50.14b - Curr.Liab 9.14b - Cash 10.15b))
WACC = 9.69% (E(183.02b)/V(197.83b) * Re(10.47%) + (debt cost/tax rate unavailable))
Discount Rate = 10.47% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.98%
[DCF Debug] Terminal Value 71.94% ; FCFE base≈12.16b ; Y1≈13.64b ; Y5≈18.20b
Fair Price DCF = 197.9 (DCF Value 212.00b / Shares Outstanding 1.07b; 5y FCF grow 14.09% → 3.0% )
EPS Correlation: 74.96 | EPS CAGR: 8.95% | SUE: 0.87 | # QB: 1
Revenue Correlation: 78.88 | Revenue CAGR: 6.56% | SUE: 1.05 | # QB: 1

Additional Sources for QCOM Stock

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Fund Manager Positions: Dataroma | Stockcircle