- Prev close
- $167.86
- Day range
- $162.30 – $167.99
- From 52-wk high
- -35.4%
- Next earnings
- in 87 days
QUALCOMM’s 2026-08-01 close fell -2.6% on a session where the S&P 500 rose +0.7% and the Nasdaq 100 rose +0.6%, so the move looks more stock-specific than market-driven; the underlying picture is mixed because margins are strong but growth is slipping and valuation is not cheap on the reported growth trend.
QCOM
QUALCOMM INC
As of Aug 2, 2026
56/100
Worth keeping an eye onHealth ScoreWhy it moved
QUALCOMM’s 2026-08-01 close was -2.6%, while the S&P 500 rose +0.7% and the Nasdaq 100 rose +0.6%, so the session was not explained by the broad market. The day’s path also matters: it opened at $152.96, traded up to $153.73, then fell to a close of $147.61, which reads like an intraday fade rather than a market-wide shock. No same-sector peer move is provided, so the cleanest read is stock-specific pressure rather than index-driven weakness.
Normal or more
This looks like more than ordinary noise because the stock’s beta is 1.68, so it naturally swings more than the market, and the move came against mixed fundamentals: revenue is +1.9% YoY TTM, but the latest quarter is -4.0% YoY and EPS is -16.6% YoY TTM. Margins remain strong at gross +54.2%, operating +23.0%, and net +21.0%, which argues the business is not broken, but valuation is not a cushion with PE 16.7 and forward PE 14.4 while PEG 10.32 is not meaningful because EPS growth is negative. That combination makes a -2.6% session understandable, but it is not a pure volatility shrug; it sits on top of slowing earnings momentum.
Earnings preview
The next earnings date is not available this period, so there is no reliable calendar anchor to preview the report. The facts also do not give current consensus revenue or EPS estimates, so I cannot quote an expected growth rate, margin target, or implied move for the upcoming print. Historically known reaction data around prior prints is not provided here either, so the market’s focus is best described in general terms: whether handset weakness persists, whether non-handset growth offsets it, and whether margins can hold near the reported gross +54.2%, operating +23.0%, and net +21.0% levels.
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