Research / Stock / QCOM
Q
QCOM
QUALCOMM INC/DE
160.56
+2.03 +1.28%
close 2026-08-25
Assumptions
4.1%
Market is pricing 4.1%— you agree
Actually grew +23.8%/yrFCF, 2020–2025 — the market is pricing 19.7pts SLOWER than history
10 yrs
3.00%
11.29%
11.3% derived for this company beta 1.61 (1254d vs the S&P 500) · cost of equity 11.9% = 4.7% risk-free + 1.61 × 4.5% premium · 8% debt at 4.5%, taxed at 21% effective tax rate unusable; US statutory 21% assumed
Fair value
$160.70
+0.1%
At the market's assumptionsCurrent price $160.56Enterprise value 172.1B
Bear $113.43 (-0.9% growth)Bull $229.40 (9.1%)
Today's market price is inside the range · band = your growth ±5pts, same model · the market itself prices 4.1%
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Present value of each projected year, Y1–Y10
53% the 10 forecast years47% terminal value