QCOM Stock Analysis: Buy, Sell, or Hold?

QCOM - Qualcomm Inc

RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT
$162.18
-3.61 (-2.18%) â–ŧ
5d: +0.01%
30d: -5.59%
90d: -19.51%
WAIT
LOW Confidence
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Analysis Updated: Aug 17, 2026 12:00 AM ET
Earnings: Jul 29, 2026 0d
Smart Money Distribution

Options positioning is turning defensive after a sharp run-up - a pattern consistent with institutional profit-taking. View Scanner →

Signal fired Aug 7, 2026 at $167.86 · last confirmed Aug 17, 2026

Strength: 6.0/10

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Interactive Price Chart (1 Month)

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💡
Bottom Line:
â„šī¸ NEUTRAL: QCOM is fairly priced but lacks strong directional signals. At 2.0% expected growth, valuation appears fair. Wait for clearer setup or better entry on dips.
See Forward Earnings Fair Value & Price Prediction →

Long-Term Wealth Forecast (2031)

Based on Analyst Consensus Growth & Historical Valuation

0% (Stagnation) 50% (Hyper Growth)
EST. PRICE IN 2031
$159.63
Based on 0.8% avg growth
INTRINSIC VALUE TODAY
$99.12
Trading above historical range

How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 15.0x Exit PE.

In-depth Analysis How we analyze

Valuation Analysis: QCOM is currently trading at $162.18, which is considered slightly low relative to its 30-day fair value range of $157.06 to $177.85. The stock's valuation (Forward PE: 15.9) is in line with its historical norms (15.0). At these levels, the market is pricing in 2.0% annual earnings growth.

Technical Outlook: Technically, QCOM is in a uptrend. Immediate support is located at $155.22, while resistance sits at $168.87.

Market Sentiment: QCOM scores 31/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $194.77 (+19.4%). Current signals suggest waiting for a better entry point before initiating new positions.

Quick Decision Summary

Current Position SLIGHTLY LOW
Historical Trading Range $157.06 - $177.85
Company Quality Score 45/100 (HOLD)
Volume Confirmation HIGH
Confidence Score 58.1%

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All Signals

  • BULLISH: Price oversold vs 30-day range
  • BEARISH: Weak technical setup (31/100)
  • BULLISH: High volume confirmation
  • BULLISH: Trading below Wall St target ($194.77)
  • BULLISH: Expecting earnings turnaround to 2.0% growth with -4.0% revenue growth
  • WARNING: Composite score 45/100 in the bottom quintile — this cohort historically lags the market

Trading Range Analysis

30-Day Trading Range $157.06 - $177.85
Current vs Trading Range SLIGHTLY LOW

Support & Resistance Levels

Support Level $155.22
Resistance Level $168.87
Current Trend Uptrend
Technical data as of Aug 17, 2026

Fundamental Context

Forward P/E (Next Year Est.) 15.89
Wall Street Target $194.77 (+19.4%)
Revenue Growth (YoY) -4.0%
Earnings Growth (YoY) -23.0%
Profit Margin 21.0%
Valuation Premium vs History +2.0% premium
PE vs Historical 15.9 vs 15.0 FAIR
Market-Implied Price Targets If current PE multiple persists
Implied Growth (YoY): +2.0% (market-implied from PE analysis)
1-Year Target $166.33 (+2%)
2-Year Target $169.66 (+4%)
3-Year Target $173.05 (+6%)
3-Yr Target (if PE normalizes) (PE: 16→15) PE COMPRESSION $163.40 (+0%)
Earnings growth offset by PE compression
3-Year Scenarios Using analyst projected EPS growth
Bull: (PE: 20.2, Growth: -2.5%) $192.37 (+18%)
Base: (SPY PE: 15.9, Growth: -2.5%) $151.06 (-7%)
Bear: (PE: 13.5, Growth: -2.5%) $128.40 (-21%)
📈 Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (19x PE), but valuation improves significantly next year (16x PE) as earnings recover.
Trailing PE: 18.57 | Current EPS (TTM): $8.76
Bull Case $209.69 (+29%)
Analyst growth 17.2%, PE expands to 20.4
Base Case $190.63 (+18%)
Market implied 17.2%, PE stable at 18.6
Bear Case $110.62 (-32%)
Severe decline -20.0%, PE contracts to 15.8
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
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Last updated: August 18, 2026 7:36 AM ET
Data refreshes hourly during market hours. Next update: 8:36 AM
đŸ”Ĩ Top Stocks Breaking Out Now
Ticker Score Recommendation Change %
Insider Activity (6 Months)
0
Buys
3
Sells
Net
INSIDERS SELLING
Recent Transactions
Akash J Palkhiwala SELL 2500 shares 2026-04-13
Patricia Y Grech SELL 85 shares 2026-04-02
Ro Khanna SELL 2026-02-24

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Advanced QCOM Option Strategies

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