Qualcomm (QCOM) Stock Outlook 2025–2026: AI Pivot, UK Lawsuit and What the Latest Earnings Mean for Investors
Qualcomm shares traded near $167.80 on December 1, 2025, valuing the company at about $180 billion. Fiscal Q4 revenue rose 10% to roughly $11.3 billion, but a $5.7 billion tax charge led to a GAAP net loss of $3.1 billion. The stock remains about 18% below its 52-week high. Qualcomm repurchased 1.8 million shares in late November as part of a $15 billion buyback program.