QUALCOMM Incorporated (QCOM)

Over the past six months, QUALCOMM's stock price has increased by 25.93%. As of October 3, 2025, the share price was $169.18, up from $166.94 on October 7, 2024, and reached an all-time high of $230.63 on June 17, 2024. Recent positive events include strong fiscal first-quarter results driven by Android smartphone demand and the automotive sector. The company extended a multiyear chip agreement with Samsung and licensing agreements with Apple and two Chinese original equipment manufacturers (OEMs). Qualcomm's Q3 earnings also came in stronger than expected, with sales of $10.37 billion and adjusted EPS of $2.77, beating consensus figures. The company declared a quarterly dividend of $0.89, paid on September 25, 2025.

Demand for QUALCOMM's products and services exhibits some seasonality. Historically, IoT and automotive revenues have shown a sequential decline in the first quarter of the fiscal year. Handset demand is generally expected to follow normal seasonal patterns, with a typical seasonal downturn for Apple in the second fiscal quarter. Qualcomm anticipates a broad market recovery in the smartphone market in calendar year 2024.

QUALCOMM, Inc. is a global leader in wireless technology innovation, primarily operating in the semiconductor and telecommunications industries. The company is known for its development of Code Division Multiple Access (CDMA) technology. Qualcomm's business is segmented into Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and commercializes integrated circuits (ICs) and system software for various applications, including Snapdragon processors, 4G and 5G modems, IoT solutions, and automotive solutions. The QTL segment manages Qualcomm's intellectual property portfolio, licensing its patents and generating revenue through royalties.

Qualcomm has a significant global presence with operations in North America, Europe, and Asia, with its headquarters in San Diego, California, USA. The company has a business presence in numerous countries, including Brazil, China, Germany, Singapore, India, Japan, the UK, South Korea, and the US. China is a major market, representing a substantial portion of Qualcomm's total revenue.

In the past year, Qualcomm has maintained a strong brand reputation, driven by its leadership in 5G technology and innovation in AI and automotive technology. The company promotes its brand through events like the Snapdragon Tech Summit and 5G Summit, and partnerships such as providing technology for the Mercedes Formula 1 racing team. A lawsuit filed by Arm Ltd. against Qualcomm and Nuvia in August 2022 was dismissed by a U.S. Court, affirming Nuvia's licensing compliance, which mitigated any negative reputational impact.

QUALCOMM Incorporated has a substantial institutional ownership base, with approximately 66.76% of its stock held by institutional investors, including Vanguard Group Inc, BlackRock, Inc., and State Street Corp. Insiders hold about 0.09% of the company's stock, while public and individual investors account for approximately 33.15%.