NASDAQ:QCOMQUALCOMM Stock Price, Forecast & News

QUALCOMM's stock was trading at $74.59 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, QCOM shares have increased by 23.2% and is now trading at $91.87. View which stocks have been most impacted by Coronavirus.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 4 sell ratings, 5 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for QUALCOMM.

QUALCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for QUALCOMM.

QUALCOMM will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

QUALCOMM, Inc. (NASDAQ:QCOM) posted its quarterly earnings results on Wednesday, April, 29th. The wireless technology company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.09. The wireless technology company earned $5.21 billion during the quarter, compared to analysts' expectations of $5.04 billion. QUALCOMM had a return on equity of 69.92% and a net margin of 16.36%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the company earned $0.77 earnings per share. View QUALCOMM's earnings history.

QUALCOMM declared a quarterly dividend on Tuesday, April 21st. Investors of record on Thursday, June 4th will be given a dividend of $0.65 per share on Thursday, June 25th. This represents a $2.60 annualized dividend and a dividend yield of 2.83%. The ex-dividend date is Wednesday, June 3rd. This is a boost from QUALCOMM's previous quarterly dividend of $0.62. View QUALCOMM's dividend history.

QUALCOMM announced that its Board of Directors has authorized a share repurchase program on Thursday, July 26th 2018, which permits the company to repurchase $30,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 34.1% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

QUALCOMM updated its third quarter earnings guidance on Wednesday, April, 29th. The company provided EPS guidance of $0.60-0.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.78. The company issued revenue guidance of $4.4-5.2 billion, compared to the consensus revenue estimate of $4.91 billion.

24 Wall Street analysts have issued 1 year price objectives for QUALCOMM's shares. Their forecasts range from $61.00 to $115.00. On average, they expect QUALCOMM's stock price to reach $92.95 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price. View analysts' price targets for QUALCOMM.

Press coverage about QCOM stock has been trending negative this week, InfoTrie reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. QUALCOMM earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned media coverage about the wireless technology company a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future. View the latest news about QUALCOMM.

QUALCOMM saw a increase in short interest in June. As of June 15th, there was short interest totaling 17,340,000 shares, an increase of 18.0% from the May 31st total of 14,700,000 shares. Based on an average daily volume of 11,500,000 shares, the short-interest ratio is presently 1.5 days. Currently, 1.6% of the company's shares are short sold. View QUALCOMM's Current Options Chain.

Some companies that are related to QUALCOMM include Cisco Systems (CSCO), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), Calix (CALX), NetGear (NTGR), Plantronics (PLT), Ribbon Communications (RBBN) and ADTRAN (ADTN). View all competitors.

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

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

QUALCOMM's stock is owned by a number of institutional and retail investors. Top institutional shareholders include First Financial Bank Trust Division (0.00%), Smithbridge Asset Management Inc. DE (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%), Park National Corp OH (0.00%), Modus Advisors LLC (0.00%) and M&R Capital Management Inc. (0.00%). 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 and Michelle M Sterling. View institutional ownership trends for QUALCOMM.

QCOM stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH, and M&R Capital Management Inc.. 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 Michelle M Sterling. View insider buying and selling activity for QUALCOMM.

QCOM stock was bought by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division, Smithbridge Asset Management Inc. DE, Nelson Van Denburg & Campbell Wealth Management Group LLC, and Modus Advisors LLC. View insider buying and selling activity for 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.

One share of QCOM stock can currently be purchased for approximately $91.87.

QUALCOMM has a market capitalization of $103.35 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 37,000 workers across the globe.

The official website for QUALCOMM is www.qualcomm.com.

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]