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Added to YB: 2026-07-10

Pitch date: 2026-07-09

QCOM [bullish]

QUALCOMM Incorporated

Author Info

No bio for this author

Company Info

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

Market Cap

$192.9B

Pitch Price

N/A

Price Target

N/A

Dividend

2.01%

EV/EBITDA

15.04

P/E

19.99

EV/Sales

4.46

Sector

Semiconductors and Semiconductor Equipment

Category

value

Show full summary:
The Forty-Minute Robot - QUALCOMM Incorporated

QCOM (new position): Mispriced as declining handset supplier at ~19x fwd EPS, 16x EV/FCF while robotics option valued near zero. Thesis: humanoid robots constrained by watts, not intelligence—QCOM's phone-forged performance-per-watt wins. Dragonwing IQ10, Figure/NEURA design wins mirror auto pivot (now $5B+, +38% YoY). QTL 72% margin annuity, $20B buyback. Risks: handset melt (-13%), Apple modem exit. 2-3yr thesis.

Read full article (13 min)