Why QUALCOMM Incorporated’s (QCOM) Stock Is Down 5.87%

By Cynthia McLaughlin
July 31, 2026
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Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate QUALCOMM Incorporated before investing.

In this article, we go over a few key elements for understanding QUALCOMM Incorporated’s stock price such as:

  • QUALCOMM Incorporated’s current stock price and volume
  • Why QUALCOMM Incorporated’s stock price changed recently
  • Upgrades and downgrades for QCOM from analysts
  • QCOM’s stock price momentum as measured by its relative strength

About QUALCOMM Incorporated (QCOM)

Before we jump into QUALCOMM Incorporated’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software with connectivity and computing technologies for use in mobile devices; automotive systems for connectivity, digital cockpit, and ADAS/AD; and IoT, including consumer electronic devices, industrial devices, and edge networking products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing LTE, and/or OFDMA-based 5G products and derivatives; to use cellular standard-essential patents, including 3G, 4G and 5G for cellular devices. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and sells related products to the United States government agencies and their contractors. In addition, the company is also involved in Qualcomm government technologies and data center businesses. Further, it provides security and intelligence services for unmanaged networks through software-based network security solutions. QUALCOMM Incorporated was incorporated in 1985 and is headquartered in San Diego, California.

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QUALCOMM Incorporated’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, QUALCOMM Incorporated’s stock price was $147.610.

QUALCOMM Incorporated is down 2.63% from its previous closing price of $151.600.

During the last market session, QUALCOMM Incorporated’s stock traded between $146.150 and $153.730. Currently, there are approximately 1,057.00 million shares outstanding for QUALCOMM Incorporated.

QUALCOMM Incorporated’s price-earnings (P/E) ratio is currently at 17.2, which is low compared to the Semiconductors & Semiconductor Equipment industry median of 56.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

QUALCOMM Incorporated Stock Price History

QUALCOMM Incorporated’s (QCOM) price is currently down 20.12% so far this month.

During the month of July, QUALCOMM Incorporated’s stock price has reached a high of $196.090 and a low of $146.000.

Over the last year, QUALCOMM Incorporated has hit prices as high as $259.920 and as low as $121.990. Year to date, QUALCOMM Incorporated’s stock is down 13.7%.

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What Caused QUALCOMM Incorporated Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there were 0 analysts who downgraded QUALCOMM Incorporated’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate QUALCOMM Incorporated’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on QUALCOMM Incorporated’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

QUALCOMM Incorporated’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about QUALCOMM Incorporated (QCOM) by visiting AAII Stock Evaluator.

Relative Price Strength of QUALCOMM Incorporated

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, QUALCOMM Incorporated has a weighted four-quarter relative price strength of -6.15%, which translates to a Momentum Score of 33 and is considered to be Weak.

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QUALCOMM Incorporated Stock Price: Bottom Line

As of July 31, 2026, QUALCOMM Incorporated’s stock price is $147.610, which is down 2.63% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like QUALCOMM Incorporated stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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