NASDAQ:QCOM
Qualcomm (QCOM)
Financials 
Technical Analysis 
Jul 26, 2026, 12:00 amThis summary was created by AI, based on 9 opinions in the last 12 months.
Qualcomm (QCOM-Q) has seen significant movement in its stock price, with some experts noting a 50% increase and a substantial rise of 76% over the past year. Despite this growth, concerns about its heavy reliance on the smartphone market persist, particularly with key player Apple reducing its reliance on Qualcomm's chips. While the company has diversified into areas like automotive and the Internet of Things, growth in its core handset business remains stagnant. Nonetheless, analysts recognize the potential in Qualcomm's forays into new markets and believe its shares offer value; notably, the stock trades at a discounted PE ratio compared to peers. The balance between these challenges and opportunities leaves Qualcomm's future uncertain but shows promise in AI and automotive applications.
It is on her watch list. Their outstanding litigation issues have been resolved and they just signed an agreement with AAPL-Q for modems. They are well positioned for 5G. It just pulled back on some negative news. She found other opportunities for growth stocks in other areas that are more attractive, but this one should have some nice growth over the next couple of years.
Qualcomm vs. Intel They hold the patent on the entire cell phone system. They have settled suits with China and Apple and are getting big payments. The stock has moved up nicely. 5G will be a boon for them globally. QCOM will continue to rise. Intel used to be the big leader in microchips until peers have overtaken them. But Intel will catch up, and the stock is now cheaply valued and pays a decent dividend. QCOM is for growth and Intel is a turnaround story. You can buy both.
QCOM vs. MSFT His concern is that a lot of the passive money is driving the price of MSFT. Not cheap, almost 30x forward earnings for an 11-12% growth rate. If you own it, keep it. Or if you have too much, pare back. Qualcomm has done well, starting to outperform with the rest of the semis. Qualcomm trades at 21x with 12% growth rate. If you trim MSFT, you could buy some QCOM. Gets you away from everyone owning the large cap names through ETFs.
There are lots of cross currents with this one. An Apple settlement in April helped the stock price. A court ruling that the company's royalty strategy was illegal and now up the air again. Now China stealing intellectual property from them could be harmful as well.
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Forget the semi ETFs and buy individual semi stocks. They are too different to buy as a group. Chipmakers like this will benefit from this week's reports that Apple will boost iPhone 12 production in 2021.