Alpha Score of 56 reflects moderate overall profile with strong momentum, moderate value, weak quality. Based on 3 of 4 signals — score is capped at 90 until remaining data ingests.
Qualcomm Incorporated (QCOM) closed the session with limited directional movement, reflecting its current Alpha Score of 50. This neutral rating stems from a lack of clear signals across key performance pillars, as momentum, value, quality, and sentiment sub-scores remain stagnant. The stock is currently trading in the middle of its 52-week range, failing to establish a definitive breakout or breakdown trend. Investors are observing a P/E ratio that aligns closely with historical averages for the semiconductor sector, while year-over-year growth rates show little deviation from recent quarterly reports. Without significant catalysts in the underlying fundamentals or shifting market sentiment, the equity continues to consolidate within a narrow band. The absence of strong quality or momentum indicators suggests that market participants are maintaining a wait-and-see approach regarding the company's near-term trajectory. As the technology sector navigates broader macroeconomic pressures, Qualcomm remains tethered to its current valuation levels, providing no immediate evidence of a shift in institutional interest or retail activity. Market participants should monitor upcoming quarterly earnings guidance and shifts in mobile demand cycles throughout the remainder of the quarter.
Qualcomm Incorporated (QCOM) closed the session reflecting a neutral market stance, consistent with its current Alpha Score of 50. This aggregate score indicates a lack of clear directional bias, as the underlying sub-scores for momentum, value, quality, and sentiment remain stagnant. The stock continues to trade within its established 52-week range without signaling a breakout or a significant retreat. Investors are currently observing a balance between the company's historical P/E ratios and its recent revenue growth rates, neither of which has provided sufficient impetus to shift the Alpha Score from its midpoint position. The absence of volatility in sentiment metrics suggests that market participants are maintaining a wait-and-see approach regarding the firm's near-term hardware cycles and competitive positioning within the semiconductor sector. Without a catalyst to drive the momentum or quality sub-scores, the stock remains tethered to its current valuation levels. Market participants should monitor upcoming quarterly earnings reports and guidance updates for potential shifts in fundamental growth trajectories that could influence the current neutral Alpha Score.
Qualcomm Incorporated filed an 8-K report detailing the voting results from its 2026 Annual Meeting of Stockholders held on March 17, 2026. Shareholders voted on seven distinct proposals, including the election of directors, executive compensation, and various stockholder initiatives. All eleven director nominees were elected to the board. Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the company's independent public accounting firm for the fiscal year ending September 27, 2026. Additionally, stockholders approved the advisory vote on executive compensation and voted to maintain an annual frequency for future advisory votes on this topic. The proposal to amend and restate the 2023 Long-Term Incentive Plan, which included an increase of 24,000,000 shares to the share reserve, was also approved. Two stockholder proposals were rejected by shareholders: one regarding the ability of shareholders to call special meetings and another requesting a report on the risks associated with the company's exposure to China.
Qualcomm Incorporated reported its financial results for the first quarter of fiscal 2026, which ended December 28, 2025. The company generated total revenues of $12.25 billion, an increase from $11.67 billion in the same quarter of the previous year. This growth was driven by equipment and services revenue of $10.47 billion and licensing revenue of $1.79 billion. Despite the revenue increase, net income declined to $3.00 billion, or $2.78 per diluted share, compared to $3.18 billion, or $2.83 per diluted share, in the prior-year period. The decrease in net income was primarily attributed to higher operating expenses, including a rise in research and development costs to $2.45 billion and selling, general, and administrative expenses to $865 million. Qualcomm's balance sheet remains robust with $7.21 billion in cash and cash equivalents. During the quarter, the company continued its capital return program, repurchasing and retiring common stock for $2.65 billion and paying $949 million in dividends. The company also completed business acquisitions, with net cash used in investing activities totaling $1.72 billion. Goodwill increased significantly to $14.18 billion from $11.36 billion at the end of the previous fiscal year. The company maintains a strong liquidity position, though it faces ongoing market risks associated with customer concentration and global economic conditions. Management continues to focus on its core QCT and QTL segments while navigating competitive pressures in the handset, automotive, and IoT markets.
On February 4, 2026, Qualcomm Incorporated filed an 8-K report to formally announce its financial results for the first quarter of fiscal year 2026. The filing serves as the official notification that the company has released its quarterly performance data to the public. The company provided a press release, which is included as Exhibit 99.1, detailing both GAAP and non-GAAP financial measures. Management included these non-GAAP metrics to provide additional context for investors regarding the company's financial condition and operational performance. The filing emphasizes that these non-GAAP measures should be viewed as supplementary information rather than a replacement for GAAP-compliant financial reporting. The document was signed by Akash Palkhiwala, the company's Executive Vice President, Chief Financial Officer, and Chief Operating Officer.
| Date | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| Apr 13, 26 | Palkhiwala Akash J. | EVP, CFO & COO | SELL | 2.0K | $256K |
| Apr 13, 26 | Palkhiwala Akash J. | EVP, CFO & COO | SELL | 529 | $69K |
| Apr 2, 26 | Grech Patricia Y | SVP, Chief Accounting Officer | SELL | 85 | $11K |
| Fund | Shares Held | Position Value | Action (latest Q) |
|---|---|---|---|
| Citadel Ken Griffin | 5.90M | $1.01B | NEW |
| D.E. Shaw David Shaw | 1.46M | $249.64M | NEW |
| Marshall Wace | 504K | $86.25M | NEW |
| ARK Invest Cathie Wood | 250K | $42.79M | NEW |
| Point72 Steve Cohen | 119K | $20.29M | NEW |
| Hussman Investment Trust John Hussman | 27K | $4.67M | NEW |
QUALCOMM Incorporated is an American multinational corporation specializing in the development and commercialization of foundational wireless technologies worldwide. Headquartered in San Diego, California, and founded in 1985, it operates primarily through three segments: Qualcomm CDMA Technologies (QCT), which designs and supplies semiconductors and system software for 3G, 4G, 5G, networking, multimedia, and IoT applications; Qualcomm Technology Licensing (QTL), which licenses intellectual property portfolios essential for CDMA, LTE, and 5G standards; and Qualcomm Strategic Initiatives (QSI), focusing on investments in emerging areas like AI, automotive, and cloud computing. Renowned for pioneering code-division multiple access (CDMA) technology, QUALCOMM Incorporated holds critical patents shaping mobile communications evolution from 2G to 5G. The company employs a fabless manufacturing model, deriving significant revenue from chipsets for smartphones, PCs, vehicles, and connected devices, while expanding into data centers and AI infrastructure. As a leader in the semiconductor industry within the technology sector, it powers global connectivity, enabling innovations in consumer electronics, automotive, and enterprise solutions.
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