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The latest data point for QCOM's EV/EBITDA ratio, as of Q2'26, stands at 53.38, marking a substantial increase from the previous quarter's value of 11.25 in Q1'26. This elevated multiple suggests a potential reassessment of the company's valuation relative to its earnings before interest, taxes, depreciation, and amortization. Over the period from Q3'23 to Q2'26, the EV/EBITDA ratio exhibited an initial upward trend, rising from 12.83 in Q3'23 to a peak of 18.17 in Q3'24, before entering a phase of decline to a low of 11.25 in Q1'26. The recent surge to 53.38 in Q2'26 represents a sharp inflection point, indicating heightened market expectations or external factors influencing valuation, amid overall volatility in this area chart metric.