Qualcomm Stock (QCOM): Price, Outlook and How to Buy

Qualcomm trades on Nasdaq under the ticker QCOM — often written NASDAQ: QCOM — a single class of common stock in QUALCOMM Incorporated. This page is the continuously-updated home for QCOM on WEEX: where to track the price, what drives the stock, and the practical routes to get exposure — including without a US brokerage account.

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QCOM price: where to track it

QCOM trades on Nasdaq during US market hours; follow the live quote through any brokerage or market-data service that carries Nasdaq prices under NASDAQ: QCOM. As of July 2026 two forces pull the price: the overhang from Apple moving its modem in-house, and Qualcomm's diversification into automotive, IoT, PC and data-center chips. On WEEX, QCOM-linked exposure runs through the stock markets — see the market listings for what is offered, including the Qualcomm Tokenized Stock (Ondo).

What is Qualcomm, the business?

Qualcomm earns money two ways: QCT, the chip business (Snapdragon processors and modems for phones, cars, PCs and IoT), and QTL, licensing royalties on its wireless patents. In fiscal Q2 2026 — the fiscal quarter ended March 29, 2026, reported April 29, 2026 (Qualcomm's fiscal year ends in late September, so label the quarter fiscal, not calendar) — revenue was US$10.6 billion, down about 3% year over year as handset demand softened, while non-GAAP diluted EPS was US$2.65 (ahead of consensus near US$2.56, at the high end of guidance). Within QCT (US$9.1 billion), automotive set a record US$1.33 billion (+38% YoY) and IoT reached US$1.7 billion (+9% YoY); QTL added US$1.4 billion.

One caveat matters: reported GAAP EPS was much higher, at US$6.88, but that figure was inflated by a one-time income-tax benefit of roughly US$5.7 billion and is not run-rate earnings. Use the US$2.65 non-GAAP figure for earnings power — and note revenue actually fell year over year even though EPS beat.

Qualcomm stock outlook for 2026

Bull case

• Diversification is scaling: record automotive revenue (+38% YoY) and IoT growth (+9% YoY), plus a PC push — the Snapdragon X2 Plus AI-PC chip unveiled at CES 2026 and a budget Snapdragon C laptop platform
• Data-center entry: around June 24, 2026 Qualcomm launched an AI data-center CPU under a new "Dragonfly" brand and said it had signed Meta; management raised its non-handset revenue target for 2029 to roughly US$40 billion (from about US$22 billion) — a guidance figure, not a result
• Shareholder returns: the quarterly dividend was raised to US$0.92 per share (about US$3.68 annualized) and the board authorized a new US$20 billion buyback

Risk factors

• The Apple-modem overhang: as Apple shifts to its own modems, Qualcomm is reported to supply around 20% of iPhones in 2026 and to head toward roughly zero by 2027 — a headwind estimated near US$7 billion a year phasing in from about 2028 (magnitude reported, not company-confirmed)
• Handset and QCT concentration — softening demand already pulled total revenue down about 3% YoY
• QTL licensing exposure to renewal, renegotiation and legal risk
• The auto, PC and data-center bets are still small next to handsets and must scale to offset Apple

For scenario analysis and price targets, see the dated coverage linked below — this page is kept continuously updated and does not carry point-in-time targets.

How to buy Qualcomm stock (QCOM)

Route 1 — US brokerage access: buy QCOM directly on Nasdaq during US market hours through a brokerage that offers US equities. This route gives you the actual common stock, shareholder rights and the quarterly dividend.

Route 2 — on WEEX: QCOM-linked exposure runs through WEEX's stock markets — check the market listings for what is offered, futures first, alongside the Qualcomm Tokenized Stock (Ondo):

1. Create a WEEX account and complete verification.
2. Deposit USDT.
3. Open the stock markets and select the QCOM-linked market you want.
4. Place your order.

These are price-linked instruments, not the share itself: a stock-futures position is a derivative that tracks share pricing, and the Qualcomm Tokenized Stock (Ondo) is a blockchain-issued token designed to follow the listed share. Both are price exposure only — no voting rights, no direct dividend receipt — and their price can deviate from the underlying. Leverage, where used, amplifies losses as well as gains.

Which route fits you?

What are stock futures and tokenized stocks?

WEEX's stock markets offer two forms of exposure to a listed share: stock futures (derivative contracts that track the price, long or short with leverage) and tokenized stocks (blockchain-issued instruments designed to follow the share — for Qualcomm, the Qualcomm Tokenized Stock (Ondo)). Both are price exposure only, carry no shareholder rights, and can deviate from the underlying.

Recent milestones

• April 17, 2026 — quarterly dividend raised to US$0.92 per share; new US$20 billion buyback authorized
• April 29, 2026 — fiscal Q2 2026 results (quarter ended March 29, 2026): revenue US$10.6 billion (down ~3% YoY), non-GAAP EPS US$2.65 (beat), record automotive US$1.33 billion (+38% YoY)
• Around June 24, 2026 — AI data-center CPU launched under the new "Dragonfly" brand, with Meta named as a customer
• June 25, 2026 — dividend paid at the raised US$0.92 rate
• Late July / early August 2026 — fiscal Q3 2026 results expected (day not company-confirmed; see FAQ)

FAQ

Does Qualcomm pay a dividend?

Yes — a quarterly cash dividend, raised to US$0.92 per share (about US$3.68 annualized) and paid on June 25, 2026. Qualcomm is a longstanding payer.

Will Qualcomm split its stock in 2026?

No split has taken place in 2026. Qualcomm's last split was a 2-for-1 in August 2004; all of its splits were before 2005.

Why did GAAP EPS jump so much last quarter?

Fiscal Q2 2026 GAAP EPS of US$6.88 was inflated by a one-time income-tax benefit of roughly US$5.7 billion. The cleaner read is non-GAAP EPS of US$2.65, and total revenue actually fell about 3% year over year.

When are Qualcomm's next results?

Fiscal Q3 2026 results are expected in late July or early August 2026. Aggregator calendars disagree on the day — some list July 29, others August 5 (after close) — and Qualcomm has not confirmed a date, so treat it as scheduled, not fixed.

Is QCML or QCMU the same as Qualcomm stock?

No. QCML (GraniteShares 2x Long QCOM) and QCMU (Direxion Daily QCOM Bull 2X) are leveraged single-stock ETFs that track QCOM — not Qualcomm shares.

This content is for information only and is not investment advice.

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