Qualcomm Returned $44 Billion to Shareholders, Yet Stock Lagged Market

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

Qualcomm has returned $44 billion to shareholders through dividends and buybacks over the past five years, yet its stock's total return of just 31% lagged the S&P 500's 83% gain. The company, trading around $168.74, generated $10.42 billion in free cash flow with a 23% operating margin, but revenue growth of only 1.9% over the last twelve months trails the S&P 500 median of 8.4%. Management is now pivoting toward non-handset revenue, targeting $40 billion by fiscal 2029, driven by automotive and data center chips, though this transition carries execution risk and lower gross margins. The urgency is heightened by Apple's faster-than-expected decline, with Qualcomm expecting its share of the upcoming iPhone launch to be "materially lower" than its prior estimate of 20%.

Impact on stocks 6

Artificial Intelligence▼ · 4 stocks
Apple Inc.
AAPL
▼ NegativeDemandrelevance

Qualcomm expects its share of upcoming iPhone launch to be materially lower, indicating reduced Apple orders.

Semiconductors▼ · 1 stocks
Qualcomm Incorporated
QCOM
▼ NegativeCapitalrelevance

Stock lagged market despite $44B returned; revenue growth slow and transition to non-handset revenue carries execution risk.

Cloud & Digital Infrastructure▲ · 1 stocks
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