
QCOM · Nasdaq
QUALCOMM develops and commercializes foundational wireless and computing technologies. It makes money through semiconductor products serving smartphone, automotive and Internet-of-Things markets, alongside technology licensing that monetizes its intellectual property; the supplied evidence does not provide the revenue contribution of each activity. Smartphone makers remain important customers, while automotive, IoT and data-center initiatives are intended to broaden the business. Qualcomm reported $44.3 billion of fiscal 2025 revenue and $5.5 billion of net income, versus $39.0 billion and $10.1 billion, respectively, in fiscal 2024. The company is therefore a large global technology supplier with both product and royalty-based revenue streams.
QUALCOMM fell $0.21, or 0.13%, from $162.88 to $162.67 over the supplied week, despite substantial volatility. Shares dropped sharply from $162.88 on July 28 to $147.61 on July 31, then recovered nearly all of that decline, gaining to $151.57 on August 3 and $162.67 on August 4. The clearest company-specific pressure was UBS’s target cut to $170 from $190, which was associated with a 2.6% intraday decline. Investors also faced downward fiscal 2026 and 2027 estimates tied to handset weakness, margin pressure and competition. The rebound occurred alongside a broad technology rally, with the Nasdaq 100 up 3.32% in the strongest cited session.