QUALCOMM Incorporated (QCOM) Stock Analysis
Range Bound setup · Temp Headwind edge
Technology · Semiconductors
Sell if holding. At $212.54, A.R:R is negative (-1.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: China; Concentration risk — Customer: small number of customers and licensees.
Qualcomm is a global semiconductor and licensing company operating through QCT (chips for mobile, automotive, IoT) and QTL (patent licensing for cellular technologies). It earns revenue from selling integrated circuit platforms—primarily Snapdragon SoCs—to device manufacturers,... Read more
Sell if holding. At $212.54, A.R:R is negative (-1.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: China; Concentration risk — Customer: small number of customers and licensees. Chart setup: RSI 42 mid-range, Bollinger mid-band. Score 5.5/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news boost analyst 0.60, earnings proximity 46d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-14Recent Developments — QUALCOMM Incorporated
Latest news
- NEWS Qualcomm Plots Entry in Data Center Market, Working With Hyperscaler - WSJ — WSJ positive
- NEWS Qualcomm shares soar 16% on CEO comments about China orders, hyperscaler customer - CNBC — CNBC positive
- NEWS Why Qualcomm’s stock is soaring even in the face of a weak outlook - MarketWatch — MarketWatch positive
- NEWS Qualcomm surges despite Q2 results featuring 13% decline in handset revenue - Seeking Alpha — Seeking Alpha positive
- NEWS Qualcomm's TikTok AI Chip Deal Rewrites the Rules - MarketBeat — MarketBeat positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicChina10-K Item 1A: 'A significant portion of our business is concentrated in China, and the risks of such concentration are exacerbated by U.S./China trade and national security tensions.'
- HIGHCustomersmall number of customers and licensees10-K Item 1A: 'We derive a significant portion of our revenues from a small number of customers and licensees, and particularly from their sale of premium-tier handset devices.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $212.54, A.R:R is negative (-1.4) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: China; Concentration risk — Customer: small number of customers and licensees. Chart setup: RSI 42 mid-range, Bollinger mid-band. Prior stop was $196.90. Score 5.5/10, moderate confidence.
Take-profit target: $253.78 (+19.9% upside). Prior stop was $196.90. Stop-loss: $196.90.
Concentration risk — Geographic: China; Concentration risk — Customer: small number of customers and licensees; Analyst target reached - limited upside remaining.
QUALCOMM Incorporated trades at a P/E of 22.8 (forward 19.8). TrendMatrix value score: 5.3/10. Verdict: Sell.
49 analysts cover QCOM with a consensus score of 3.4/5. Average price target: $180.
What does QUALCOMM Incorporated do?Qualcomm is a global semiconductor and licensing company operating through QCT (chips for mobile, automotive, IoT) and...
Qualcomm is a global semiconductor and licensing company operating through QCT (chips for mobile, automotive, IoT) and QTL (patent licensing for cellular technologies). It earns revenue from selling integrated circuit platforms—primarily Snapdragon SoCs—to device manufacturers, and from royalties paid by hundreds of licensees on their cellular device sales. Apple is flagged as a large customer expected to increasingly use its own modem, posing a material future revenue risk.