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Morningstar

Morningstar

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Nov 04, 2026

QUALCOMM Incorporated: Qualcomm Earnings: Maintain $170 FVE as Ramping AI Revenue Offsets Handset Weakness

Symbols

QCOM

Sector(s)

Technology

Rating

Current Price

165.41

Fair Value

Economic Moat

Stewardship

Summary

Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is

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