QCOM
Outperforming without a clear catalyst yet
- QCOM +1.82% on the last session vs SPY +0.10%: +1.7 pts of stock-specific move.
- Against the group: its semiconductors peers -1.0% (-1.1 pts vs SPY).
- Market backdrop (Today): Core PPI m/m 1.3% vs 0.3% expected (hotter); Core Retail Sales m/m 0.9% vs 0.6% expected (stronger); S&P futures -0.08%, 10-year yield -3bp in the 30 minutes after.
Bargain & stretch prices
Prices QCOM only reaches with set odds, from its own recent swings. Odds, not a forecast.
| Today | Next 5 sessions | |
|---|---|---|
| Stretch sell side |
177.24 +2.7% reached 3 in 10 days |
183.13 +6.1% reached 3 in 10 weeks |
| Now | 175.76 · prior close 172.62 | |
| Bargain buy side |
168.12 -2.6% reached 3 in 10 days |
162.71 -5.7% reached 3 in 10 weeks |
More patient or more eager
| Bargain | Reached | Stretch | Reached | |
|---|---|---|---|---|
| Today | ||||
| Patient | 166.68 | 2 in 10 days | 178.77 | 2 in 10 days |
| Balanced | 168.12 | 3 in 10 days | 177.24 | 3 in 10 days |
| Eager | 169.47 | 4 in 10 days | 175.83 | 5 in 10 days |
| Next 5 sessions | ||||
| Patient | 159.62 | 2 in 10 weeks | 186.68 | 2 in 10 weeks |
| Balanced | 162.71 | 3 in 10 weeks | 183.13 | 3 in 10 weeks |
| Eager | 165.65 | 4 in 10 weeks | 179.88 | 5 in 10 weeks |
"3 in 10 days" means the price was reached on about 3 of every 10 days like this one. Patient prices are further away and come less often; eager ones are closer and come more often. From QCOM's daily swings (about 2.7% a day lately), anchored on the Oct 14 close. The odds were measured on 10 years of S&P 500 prices (they move about 3 points from year to year with the market: bargain prices come more often in falling years, stretch prices in rising ones), and where a situation below changed them consistently (in at least 8 of 10 years), they are adjusted and marked. In those tests, waiting for the bargain price did no better on average than buying at the close: what you save when it comes, you pay when it doesn't.
Situations on the Oct 14 close
Big drop and big gain: among QCOM's own worst or best 10% of daily moves, as on the Aftermath tab. The past times are history: in our tests, how a stock did after its earlier times did not predict the next one, and across the S&P 500 none of these situations leaned up or down except, weakly, an all-time high followed by a big drop. Not advice.
Price ladder
| Highest analyst target | 400.00 +127.6% |
| All-time and 52-week closing high May 29, 2026 |
248.74 +41.5% |
| Mean analyst target | 194.13 +10.5% |
| Stretch, next 5 sessions | 183.13 +4.2% |
| Now | 175.76 |
| 50-day average | 174.36 -0.8% |
| Previous close Oct 14, 2026 |
172.62 -1.8% |
| 200-day average | 168.07 -4.4% |
| Bargain, next 5 sessions | 162.71 -7.4% |
| 52-week closing low Apr 7, 2026 |
122.94 -30.0% |
| Lowest analyst target | 100.00 -43.1% |
Closing prices (all-time = the 35 years Yahoo has). Percentages are the distance from now. These are levels people watch, not levels the price has to respect. Not advice.