Qualcomm agrees to buy PickNik while Qualcomm stock costs EUR 159.42

Published on 10/07/2026 at 15:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

PickNik deal was announced on September 23, 2026. Qualcomm stock costs EUR 159.42 after EUR 160.70, minus 0.80 percent.

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Qualcomm stock was trading at EUR 159.42 at Lang & Schwarz on October 7, 2026 at 3:41 p.m. CEST, down EUR 1.28 from the prior close of EUR 160.70. The company agreed to acquire robotics software developer PickNik on September 23, 2026, as PickNik announced.

Robotics expands beyond chips

PickNik develops MoveIt, an open-source framework for robot motion planning, manipulation and control. The acquisition is intended to connect that software more closely with Qualcomm's Dragonwing robotics platforms while preserving MoveIt's open-source model, according to Yahoo Finance on September 24, 2026.

PickNik said its MoveIt project has 40 repositories, 6,700 GitHub stars and 4,400 forks. Those figures show why the deal adds a developer community and software layer to Qualcomm's existing edge-computing hardware strategy.

Revenue fell in fiscal third quarter

Qualcomm generated USD 9.95 billion in revenue in fiscal third-quarter 2026, down 4.00 percent from the year-earlier period, while adjusted earnings per share reached USD 2.21, according to Yahoo Finance. Qualcomm's investor-relations page lists GAAP revenue of USD 9.9 billion and GAAP earnings per share of USD 1.87 for the latest financial results.

The comparison matters because PickNik is a strategic expansion rather than a reported earnings driver. Qualcomm's immediate financial profile still depends on its semiconductor and licensing operations, while the robotics purchase offers a route to attach software to Dragonwing deployments.

Stock remains below its yearly high

Qualcomm's market capitalization was USD 186.5 billion as of October 7, 2026. Its Nasdaq 52-week range was USD 121.99 to USD 259.92, placing the latest US-market quote at USD 177.60 at 9:56 a.m. EDT on the same date.

The euro quote was EUR 159.42 at Lang & Schwarz on October 7, 2026 at 3:41 p.m. CEST, minus 0.80 percent versus the EUR 160.70 prior close at Lang & Schwarz on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Qualcomm stock.