Qualcomm Stock Drops 41% in Major Shocks, Takes 7 Months to Recover
Updated
Updated · Trefis · Jul 22
Qualcomm Stock Drops 41% in Major Shocks, Takes 7 Months to Recover
1 articles · Updated · Trefis · Jul 22
Summary
Qualcomm has fallen an average 24% across 15 major market shocks, steeper than the S&P 500’s roughly 16%, with its worst drawdown reaching 41%.
That 41% peak-to-trough decline hit twice—during the 2014-2016 commodity downturn and the 2022 inflation shock—while the 2020 COVID selloff still drove a 32% plunge.
Recoveries have often been slow: Qualcomm needed a median 7 months to regain its pre-shock high, and the longest rebound stretched to 46 months after the 2014-2016 downturn.
The company is more diversified today, with automotive revenue rising 38% year over year to $1.3 billion and data-center shipments to a hyperscaler expected later this year.
Even so, near-term China handset weakness and reduced Apple business leave the stock exposed in broad selloffs, making position size a key risk for investors.