Added to YB: 2026-05-04
Pitch date: 2026-04-30
QCOM [neutral]
QUALCOMM Incorporated
-1.18%
current return
Author Info
Anni Sen is the Managing Partner of BluBird Capital, a boutique financial advisory firm specializing in high-conviction investing ideas. Sign up for the newsletter.
Company Info
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide.
Market Cap
$166.6B
Pitch Price
$179.13
Price Target
N/A
Dividend
2.05%
EV/EBITDA
13.08
P/E
17.06
EV/Sales
3.87
Sector
Semiconductors and Semiconductor Equipment
Category
growth
QCOM Q2 FY26 10-Q Summary
QCOM (earnings): Q2 rev $10.6B (-3% YoY) missed on handset rev $6.02B (-13% YoY) from memory constraints & Apple modem transition risk. Auto $1.33B (+38% YoY) validates thesis, data center $141M ramping post-Alphawave. Net income $7.37B inflated by $5.7B tax benefit; normalized EPS ~$1.55-1.60. $20B buyback, div to $0.92/qtr. Author trimmed 50% at $156 from $134 entry on mobile headwinds despite diversification gains.
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