NASDAQ:QCOM - QUALCOMM Stock Price, News, & Analysis

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$73.70 -0.90 (-1.21 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$73.70
Today's Range$73.13 - $74.87
52-Week Range$48.56 - $76.50
Volume21.31 million shs
Average Volume13.79 million shs
Market Capitalization$109.60 billion
P/E Ratio19.50
Dividend Yield3.32%
Beta1.66
QUALCOMM logoQUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, wideband CDMA, CDMA time division duplex, and/or long term evolution standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including automotive, Internet of things, mobile, data center, and healthcare for supporting the design and introduction of new products and services for voice and data communications, and new industry segments. The company also provides products and services for mobile health; products designed for the implementation of small cells; development, and other services and related products to the United States government agencies and their contractors; and software products, and content and push-to-talk enablement services to wireless operators. In addition, it licenses chipset technology, and products and services for use in data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:QCOM
CUSIP74752510
Phone858-587-1121

Debt

Debt-to-Equity Ratio0.67
Current Ratio2.73
Quick Ratio2.62

Price-To-Earnings

Trailing P/E Ratio19.50
Forward P/E Ratio23.70
P/E Growth2.21

Sales & Book Value

Annual Sales$22.29 billion
Price / Sales4.86
Cash Flow$4.7457 per share
Price / Cash15.53
Book Value$20.81 per share
Price / Book3.54

Profitability

EPS (Most Recent Fiscal Year)$3.78
Net Income$2.47 billion
Net Margins-18.41%
Return on Equity19.06%
Return on Assets7.56%

Miscellaneous

Employees33,800
Outstanding Shares1,469,130,000
Market Cap$109.60 billion

QUALCOMM (NASDAQ:QCOM) Frequently Asked Questions

What is QUALCOMM's stock symbol?

QUALCOMM trades on the NASDAQ under the ticker symbol "QCOM."

How often does QUALCOMM pay dividends? What is the dividend yield for QUALCOMM?

QUALCOMM declared a quarterly dividend on Thursday, July 12th. Shareholders of record on Wednesday, September 5th will be given a dividend of $0.62 per share on Wednesday, September 26th. This represents a $2.48 annualized dividend and a yield of 3.36%. The ex-dividend date of this dividend is Tuesday, September 4th. View QUALCOMM's Dividend History.

How will QUALCOMM's stock buyback program work?

QUALCOMM announced that its Board of Directors has initiated a stock repurchase plan on Thursday, July 26th 2018, which permits the company to buyback $30,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 34.1% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.

How were QUALCOMM's earnings last quarter?

QUALCOMM, Inc. (NASDAQ:QCOM) announced its quarterly earnings data on Wednesday, July, 25th. The wireless technology company reported $1.01 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.71 by $0.30. The wireless technology company earned $5.60 billion during the quarter, compared to analyst estimates of $5.19 billion. QUALCOMM had a negative net margin of 18.41% and a positive return on equity of 19.06%. The firm's revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.83 EPS. View QUALCOMM's Earnings History.

When is QUALCOMM's next earnings date?

QUALCOMM is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for QUALCOMM.

What guidance has QUALCOMM issued on next quarter's earnings?

QUALCOMM issued an update on its fourth quarter earnings guidance on Wednesday, July, 25th. The company provided earnings per share guidance of $0.92 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.79. The company issued revenue guidance of $5.9 billion, compared to the consensus revenue estimate of $5.47 billion.

What price target have analysts set for QCOM?

22 brokerages have issued 12-month price targets for QUALCOMM's shares. Their predictions range from $53.00 to $95.00. On average, they anticipate QUALCOMM's stock price to reach $70.7222 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for QUALCOMM.

What is the consensus analysts' recommendation for QUALCOMM?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 1 sell rating, 9 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for QUALCOMM.

What are Wall Street analysts saying about QUALCOMM stock?

Here are some recent quotes from research analysts about QUALCOMM stock:
  • 1. According to Zacks Investment Research, "Qualcomm reported solid third-quarter fiscal 2018 results, beating both top- and bottom-line estimates. The company has been trying to retain its leadership in 5G, chipset market and mobile connectivity with multiple technological achievements and launches. Qualcomm’s improved and upgraded technologies will likely enable various firms to build new and updated products and services across the wireless ecosystem to better serve customers. The company aborted the proposed acquisition of NXP Semiconductors as it failed to get the anti-trust approval from China, thereby eliminating the uncertainty with the deal stuck in red tape for 21 months. The stock has also outperformed the industry in the past year. However, regulatory disputes and aggressive competition in the mobile phone chipset market continue to hurt Qualcomm. Headwinds from weaker industry conditions have further dented margins." (7/30/2018)
  • 2. Royal Bank of Canada analysts commented, "Take Two reported F2Q18 earnings handily beating Street. Not only did GTA continue strong into the quarter (now expecting FY18 GTA growth), newly released NBA 2K saw better sales, better engagement, and better monetization than the prior year. With recurrent comprising 42% of net sales, TTWO’s model is seeing good leverage with (NG) operating margins of 33%. Management offered updated FY guidance including taking net cash generation up to approximately $300M (from $200M)— for a year without a major non-sport release. This performance is driven by high player engagement with the company’s premium content. With annual earnings volatility decreasing, a growing mobile business, ability to leverage secular tailwinds, and an upcoming mega-year, we are very comfortable reiterating our Outperform rating and $112 PT." (11/8/2017)
  • 3. BMO Capital Markets analysts commented, "With Model 3 runrate target of 5k/week pushed out a quarter, we continue to believe GM is the key metric to track on shares. We believe TSLA is fundamentally a technology company and a vertically integrated manufacturer. We believe return on capital is tied directly to TSLA’s ability to manufacture cost-effectively while maintaining ASP. With 4Q17 GM guided lower Q/Q on slower than expected Model 3 ramp, we believe TSLA has a challenging road ahead to reach projected runrates and margins given recent price declines and complexity of automation in the Model 3 manufacturing process. We expect bulls to focus on ADAS progress and look toward 1Q18 production, the benchmark for Model 3." (11/2/2017)

Are investors shorting QUALCOMM?

QUALCOMM saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 29,887,640 shares, an increase of 87.9% from the August 15th total of 15,903,428 shares. Based on an average daily volume of 13,827,500 shares, the short-interest ratio is presently 2.2 days. Approximately 2.0% of the company's shares are sold short. View QUALCOMM's Current Options Chain.

Who are some of QUALCOMM's key competitors?

Who are QUALCOMM's key executives?

QUALCOMM's management team includes the folowing people:
  • Mr. Steven M. Mollenkopf, CEO & Director (Age 49)
  • Mr. Cristiano Renno Amon, Pres (Age 48)
  • Mr. George S. Davis, CFO & Exec. VP (Age 60)
  • Dr. James H. Thompson, Chief Technology Officer (Age 54)
  • Mr. Franklin P. Antonio, Co-Founder & Chief Scientist

Who are QUALCOMM's major shareholders?

QUALCOMM's stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (4.25%), FMR LLC (4.25%), Bank of New York Mellon Corp (1.42%), Northern Trust Corp (1.25%), Veritas Asset Management LLP (0.84%) and Caisse DE Depot ET Placement DU Quebec (0.77%). Company insiders that own QUALCOMM stock include Alexander H Rogers, Ann M Livermore, Anthony J Vinciquerra, Cristiano R Amon, Derek K Aberle, Donald J Rosenberg, James H Thompson, John Francis Murphy, Matthew S Grob, Michelle M Sterling, Raymond V Dittamore and Stiles Barbara Alexander. View Institutional Ownership Trends for QUALCOMM.

Which major investors are selling QUALCOMM stock?

QCOM stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, FMR LLC, FMR LLC, Canada Pension Plan Investment Board, Brown Advisory Inc., State of New Jersey Common Pension Fund D, Jennison Associates LLC and Ivory Investment Management LLC. Company insiders that have sold QUALCOMM company stock in the last year include Alexander H Rogers, Cristiano R Amon, Donald J Rosenberg, James H Thompson, Matthew S Grob and Michelle M Sterling. View Insider Buying and Selling for QUALCOMM.

Which major investors are buying QUALCOMM stock?

QCOM stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Millennium Management LLC, Putnam Investments LLC, Waddell & Reed Financial Inc., Macquarie Group Ltd., Royal London Asset Management Ltd., Letko Brosseau & Associates Inc. and Worldquant Millennium Quantitative Strategies LLC. Company insiders that have bought QUALCOMM stock in the last two years include Ann M Livermore, Anthony J Vinciquerra and Cristiano R Amon. View Insider Buying and Selling for QUALCOMM.

How do I buy shares of QUALCOMM?

Shares of QCOM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is QUALCOMM's stock price today?

One share of QCOM stock can currently be purchased for approximately $73.70.

How big of a company is QUALCOMM?

QUALCOMM has a market capitalization of $109.60 billion and generates $22.29 billion in revenue each year. The wireless technology company earns $2.47 billion in net income (profit) each year or $3.78 on an earnings per share basis. QUALCOMM employs 33,800 workers across the globe.

What is QUALCOMM's official website?

The official website for QUALCOMM is http://www.qualcomm.com.

How can I contact QUALCOMM?

QUALCOMM's mailing address is 5775 MOREHOUSE DRIVE, SAN DIEGO CA, 92121. The wireless technology company can be reached via phone at 858-587-1121 or via email at [email protected]


MarketBeat Community Rating for QUALCOMM (NASDAQ QCOM)

Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  1,781 (Vote Outperform)
Underperform Votes:  870 (Vote Underperform)
Total Votes:  2,651
MarketBeat's community ratings are surveys of what our community members think about QUALCOMM and other stocks. Vote "Outperform" if you believe QCOM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QCOM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2018 by MarketBeat.com Staff

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