Added to YB: 2026-07-13
Pitch date: 2026-07-09
QCOM [neutral]
QUALCOMM Incorporated
-4.38%
current return
Author Info
No bio for this author
Company Info
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide.
Market Cap
$193.3B
Pitch Price
$186.57
Price Target
N/A
Dividend
2.03%
EV/EBITDA
16.26
P/E
21.06
EV/Sales
4.54
Sector
Semiconductors and Semiconductor Equipment
Category
value
Qualcomm through the lens of multiples, AI, and China - The Bear, Base and Bull Cases.
QCOM (overview): At ~20x P/E vs NVDA 31x, market prices QCOM as smartphone leader (66% of QCT rev, -13% YoY) pivoting to AI, not proven winner. Discount from memory shock, China (46% rev), Apple/Samsung/Xiaomi verticalization. Bull: data center $5B by '27, custom ASICs (Alphawave, Modular), $40B non-handset & $18+ EPS by '29. Re-rating needs operational proof, not narrative. Value play w/ AI optionality.
Read full article (9 min)