Qualcomm signs Huawei patent deal. Qualcomm stock gains 1.53 percent
Published on 10/05/2026 at 14:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Qualcomm (ISIN US7475251036) was trading at EUR 166.81 at Lang & Schwarz on October 5, 2026 at 2:38 p.m. CEST, up 1.53 percent versus the EUR 164.29 prior close. On the same date, Reuters reported that Qualcomm and Huawei had agreed a multi-year patent license deal covering 5G, artificial intelligence, computing and networking.
Patent deal reaches beyond 5G
The agreement includes cross-licenses to both companies' patent portfolios and Qualcomm's purchase of selected Huawei US patents covering computing, AI and networking. Financial terms were not disclosed, and the transaction will close after the required regulatory approvals, according to Reuters on October 5, 2026.
The licensing pact matters because it adds a new cross-border patent relationship to Qualcomm's established technology-licensing business while giving the company access to selected Huawei intellectual property. The agreement is Huawei's first patent licensing deal with Qualcomm that covers 5G technologies, making the scope broader than a conventional handset component contract.
Revenue beats forecast, earnings miss
Qualcomm reported fiscal third-quarter 2026 revenue of USD 9.90 billion, ahead of the USD 9.68 billion forecast, while non-GAAP earnings per share came in at USD 2.21 versus USD 2.23 expected, Investing.com reported on September 9, 2026. Revenue therefore exceeded the forecast by USD 0.22 billion, but the earnings-per-share shortfall shows that Qualcomm's growth story still depends on the quality of sales as well as the headline revenue number.
The broader analyst picture remains cautious. MarketBeat reported on October 2, 2026 that the consensus rating was Hold, with an average price target of USD 204.10. The same report listed 2 Strong Buy, 12 Buy, 21 Hold and 3 Sell ratings, a distribution that places the Huawei announcement alongside a divided view of Qualcomm's expansion into AI and networking.
Stock gains while range stays wide
Qualcomm's primary listing is Nasdaq, where the stock was last at USD 184.87 on October 2, 2026 at 4:00 p.m. EDT, against a 52-week range of USD 121.99 to USD 259.92. The Nasdaq quote is separate from the euro reference price: Qualcomm's market capitalization was USD 194.1 billion as of October 2, 2026.
At Lang & Schwarz, Qualcomm was trading at EUR 166.81 on October 5, 2026 at 2:38 p.m. CEST, plus 1.53 percent versus the EUR 164.29 prior close. The further course of trading is shown by the continuously updated real-time quote of Qualcomm stock.
Qualcomm stock facts
- Company: QUALCOMM Incorporated
- ISIN: US7475251036
- Ticker: QCOM
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 5, 2026, 2:38 p.m. CEST): EUR 166.81
- Change versus prior close: plus 1.53 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 164.29
- Market capitalization: USD 194.1 billion (as of October 2, 2026)
- 52-week range: USD 121.99-259.92 (as of October 2, 2026)
- Sector / Industry: Technology / Semiconductors
