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NASDAQ:QCOM

QUALCOMM Stock Forecast, Price & News

$149.91
-0.07 (-0.05 %)
(As of 12/3/2020 12:00 AM ET)
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Today's Range
$149.64
Now: $149.91
$152.77
50-Day Range
$121.58
MA: $137.41
$151.26
52-Week Range
$58.00
Now: $149.91
$153.33
Volume6.23 million shs
Average Volume9.96 million shs
Market Capitalization$169.55 billion
P/E Ratio63.25
Dividend Yield1.73%
Beta1.34
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies and products are used in mobile devices and other wireless products, including network equipment, broadband gateway equipment, consumer electronic devices, and other connected devices 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 3G/4G/5G 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, WCDMA, CDMA TDD, LTE, and/or 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including artificial intelligence, automotive, digital healthcare, enterprise, IoT, mobile and networking and investment for supporting the design and introduction of new products and services for voice and data communications, and new industry segments. The company also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.
QUALCOMM logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 3.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.55 out of 5 stars


Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
Current SymbolNASDAQ:QCOM
CUSIP74752510
Phone858-587-1121
Employees41,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$24.27 billion
Cash Flow$4.87 per share
Book Value$4.04 per share

Profitability

Net Income$4.39 billion

Miscellaneous

Outstanding Shares1,131,000,000
Market Cap$169.55 billion
Next Earnings Date2/3/2021 (Estimated)
OptionableOptionable
$149.91
-0.07 (-0.05 %)
(As of 12/3/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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QUALCOMM (NASDAQ:QCOM) Frequently Asked Questions

How has QUALCOMM's stock price been impacted by Coronavirus (COVID-19)?

QUALCOMM's stock was trading at $74.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, QCOM stock has increased by 101.0% and is now trading at $149.91.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of QUALCOMM?

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 1 sell rating, 8 hold ratings, 20 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for QUALCOMM
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than QUALCOMM?

Wall Street analysts have given QUALCOMM a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but QUALCOMM wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is QUALCOMM's next earnings date?

QUALCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for QUALCOMM
.

How were QUALCOMM's earnings last quarter?

QUALCOMM Incorporated (NASDAQ:QCOM) issued its quarterly earnings results on Wednesday, November, 4th. The wireless technology company reported $1.45 EPS for the quarter, topping the consensus estimate of $1.17 by $0.28. The wireless technology company had revenue of $6.50 billion for the quarter, compared to analysts' expectations of $5.94 billion. QUALCOMM had a return on equity of 78.39% and a net margin of 13.72%. The company's revenue was up 35.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.78 EPS.
View QUALCOMM's earnings history
.

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

QUALCOMM announced a quarterly dividend on Wednesday, October 14th. Stockholders of record on Thursday, December 3rd will be given a dividend of $0.65 per share on Thursday, December 17th. This represents a $2.60 annualized dividend and a yield of 1.73%. The ex-dividend date is Wednesday, December 2nd.
View QUALCOMM's dividend history
.

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

QUALCOMM updated its first quarter earnings guidance on Wednesday, November, 4th. The company provided earnings per share guidance of $1.95-2.15 for the period, compared to the Thomson Reuters consensus estimate of $1.68. The company issued revenue guidance of $7.8-8.6 billion, compared to the consensus revenue estimate of $7.16 billion.

What price target have analysts set for QCOM?

30 brokerages have issued 12-month price objectives for QUALCOMM's stock. Their forecasts range from $61.00 to $180.00. On average, they expect QUALCOMM's share price to reach $144.16 in the next year. This suggests that the stock has a possible downside of 3.8%.
View analysts' price targets for QUALCOMM
.

Who are some of QUALCOMM's key competitors?

What other stocks do shareholders of QUALCOMM own?

Based on aggregate information from My MarketBeat watchlists, some companies that other QUALCOMM investors own include NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), AT&T (T), Micron Technology (MU), Advanced Micro Devices (AMD), The Walt Disney (DIS), Alibaba Group (BABA), Verizon Communications (VZ) and Johnson & Johnson (JNJ).

Who are QUALCOMM's key executives?

QUALCOMM's management team includes the following people:
  • Mr. Steven M. Mollenkopf, CEO & Director (Age 51, Pay $1.46M)
  • Mr. Cristiano Renno Amon, Pres (Age 50, Pay $1.22M)
  • Mr. Akash Palkhiwala, Exec. VP & CFO (Age 45, Pay $1.12M)
  • Dr. James H. Thompson, Chief Technology Officer (Age 56, Pay $1.02M)
  • Mr. Alexander H. Rogers, Exec. VP & Pres of Qualcomm Technology Licensing (Age 63, Pay $814k)
  • Mr. David E. Wise, Sr. VP & Treasurer
  • Mr. Franklin P. Antonio, Co-Founder & Chief Scientist
  • Ms. Erin L. Polek, Sr. VP, Corp. Controller & Chief Accounting Officer (Age 46)
  • Ms. Mary A. Gendron, Sr. VP & Chief Information Officer (Age 54)
  • Mauricio Lopez-Hodoyan, VP of Investor Relations

What is QUALCOMM's stock symbol?

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

Who are QUALCOMM's major shareholders?

QUALCOMM's stock is owned by many different retail and institutional investors. Top institutional shareholders include State Street Corp (4.17%), Nuveen Asset Management LLC (0.92%), Charles Schwab Investment Management Inc. (0.85%), Morgan Stanley (0.57%), UBS Asset Management Americas Inc. (0.41%) and Swiss National Bank (0.39%). Company insiders that own QUALCOMM stock include Akash J Palkhiwala, Alexander H Rogers, Brian Modoff, Clark T Jr Randt, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, Inc/De Qualcomm, James H Thompson, Mark D Mclaughlin, Michelle M Sterling and Steven M Mollenkopf.
View institutional ownership trends for QUALCOMM
.

Which institutional investors are selling QUALCOMM stock?

QCOM stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, AQR Capital Management LLC, Charles Schwab Investment Management Inc., Allianz Asset Management GmbH, Caisse DE Depot ET Placement DU Quebec, Assenagon Asset Management S.A., Thornburg Investment Management Inc., and Acadian Asset Management LLC. Company insiders that have sold QUALCOMM company stock in the last year include Akash J Palkhiwala, Alexander H Rogers, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, and Steven M Mollenkopf.
View insider buying and selling activity for QUALCOMM
.

Which institutional investors are buying QUALCOMM stock?

QCOM stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Nuveen Asset Management LLC, Morgan Stanley, Neuberger Berman Group LLC, DekaBank Deutsche Girozentrale, Natixis, Polar Capital LLP, and Victory Capital Management Inc..
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is QUALCOMM's stock price today?

One share of QCOM stock can currently be purchased for approximately $149.91.

How big of a company is QUALCOMM?

QUALCOMM has a market capitalization of $169.55 billion and generates $24.27 billion in revenue each year. The wireless technology company earns $4.39 billion in net income (profit) each year or $2.84 on an earnings per share basis. QUALCOMM employs 41,000 workers across the globe.

What is QUALCOMM's official website?

The official website for QUALCOMM is 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]

This page was last updated on 12/4/2020 by MarketBeat.com Staff

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