Qualcomm (QCOM) Increases Despite Market Slip: Here's What You Need to Know

Company Overview - Qualcomm closed at $154.80, with a +1.44% change from the previous day, outperforming the S&P 500's daily loss of 0.01% [1] - Prior to the latest trading session, Qualcomm shares had decreased by 0.66%, lagging behind the Computer and Technology sector's gain of 7.44% and the S&P 500's gain of 5.37% [1] Upcoming Earnings - Qualcomm's earnings report is anticipated on July 30, 2025, with expected EPS of $2.68, reflecting a 15.02% increase from the prior-year quarter [2] - Revenue is projected to be $10.35 billion, indicating a 10.24% rise compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $11.71 per share and revenue at $43.54 billion, showing increases of +14.58% and +11.76% respectively from the previous year [3] - Recent analyst estimate revisions are seen as indicators of optimism regarding Qualcomm's business outlook [3] Valuation Metrics - Qualcomm is currently trading at a Forward P/E ratio of 13.04, which is a discount compared to the industry average Forward P/E of 27.6 [6] - The company has a PEG ratio of 1.59, which is comparable to the industry average PEG ratio of 1.6 [6] Industry Context - The Electronics - Semiconductors industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 56, placing it in the top 23% of over 250 industries [7] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks within the industry, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]