QUALCOMM Stock Forecast, Price & News

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last twelve months. There are currently 11 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QUALCOMM stock.
View analyst ratings for QUALCOMM or view top-rated stocks.

Wall Street analysts have given QUALCOMM a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but QUALCOMM wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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QUALCOMM saw a drop in short interest in May. As of May 28th, there was short interest totaling 17,390,000 shares, a drop of 19.7% from the May 13th total of 21,650,000 shares. Based on an average daily trading volume, of 9,190,000 shares, the days-to-cover ratio is presently 1.9 days.
View QUALCOMM's Short Interest.

QUALCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for QUALCOMM.

QUALCOMM Incorporated (NASDAQ:QCOM) issued its quarterly earnings data on Wednesday, April, 28th. The wireless technology company reported $1.90 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.41 by $0.49. The wireless technology company earned $7.93 billion during the quarter, compared to analyst estimates of $7.62 billion. QUALCOMM had a trailing twelve-month return on equity of 103.71% and a net margin of 27.28%. QUALCOMM's revenue for the quarter was up 52.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.88 earnings per share.
View QUALCOMM's earnings history.

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 80.5% and is now trading at $134.62.
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QUALCOMM declared a quarterly dividend on Wednesday, April 14th. Stockholders of record on Thursday, June 3rd will be paid a dividend of $0.68 per share on Thursday, June 24th. This represents a $2.72 annualized dividend and a yield of 2.02%. The ex-dividend date of this dividend is Wednesday, June 2nd. This is a boost from QUALCOMM's previous quarterly dividend of $0.65.
View QUALCOMM's dividend history.

QUALCOMM pays an annual dividend of $2.72 per share and currently has a dividend yield of 2.02%. QUALCOMM does not yet have a strong track record of dividend growth. The dividend payout ratio of QUALCOMM is 81.44%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, QUALCOMM will have a dividend payout ratio of 35.10% next year. This indicates that QUALCOMM will be able to sustain or increase its dividend.
View QUALCOMM's dividend history.

QUALCOMM updated its third quarter 2021 earnings guidance on Wednesday, May, 5th. The company provided earnings per share (EPS) guidance of 1.550-1.750 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.520. The company issued revenue guidance of $7.10 billion-$7.90 billion, compared to the consensus revenue estimate of $7.11 billion.

28 analysts have issued 1-year price targets for QUALCOMM's stock. Their forecasts range from $125.00 to $200.00. On average, they expect QUALCOMM's share price to reach $166.60 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price.
View analysts' price targets for QUALCOMM or view top-rated stocks among Wall Street analysts.

2,209 employees have rated QUALCOMM CEO Steve Mollenkopf on Glassdoor.com. Steve Mollenkopf has an approval rating of 87% among QUALCOMM's employees.

Some companies that are related to QUALCOMM include Cisco Systems (CSCO), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Viasat (VSAT), Calix (CALX), InterDigital (IDCC), EchoStar (SATS), Infinera (INFN), Extreme Networks (EXTR), NETGEAR (NTGR), Ribbon Communications (RBBN) and ADTRAN (ADTN).
View all of QCOM's competitors.

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).

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

QUALCOMM's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.41%), Price T Rowe Associates Inc. MD (2.19%), Geode Capital Management LLC (1.58%), Northern Trust Corp (1.35%), Bank of New York Mellon Corp (1.31%) and Alliancebernstein L.P. (1.25%). Company insiders that own QUALCOMM stock include Akash J Palkhiwala, Alexander H Rogers, Brian Modoff, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, Mark D Mclaughlin, Michelle M Sterling and Steven M Mollenkopf.
View institutional ownership trends for QUALCOMM.

QCOM stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Primecap Management Co. CA, Putnam Investments LLC, Lord Abbett & CO. LLC, Capital International Investors, Fred Alger Management LLC, Canada Pension Plan Investment Board, and Waddell & Reed Financial Inc.. Company insiders that have sold QUALCOMM company stock in the last year include Akash J Palkhiwala, Alexander H Rogers, Brian Modoff, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, and Steven M Mollenkopf.
View insider buying and selling activity for QUALCOMM or view top insider-selling stocks.

QCOM stock was acquired by a variety of institutional investors in the last quarter, including Brilliance Asset Management Ltd., BlackRock Inc., Morgan Stanley, Renaissance Technologies LLC, Voloridge Investment Management LLC, Prudential Financial Inc., Rafferty Asset Management LLC, and Van ECK Associates Corp.
View insider buying and selling activity for QUALCOMM or or view top insider-buying stocks.

Shares of QCOM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of QCOM stock can currently be purchased for approximately $134.62.

QUALCOMM has a market capitalization of $151.85 billion and generates $23.53 billion in revenue each year. The wireless technology company earns $5.20 billion in net income (profit) each year or $3.34 on an earnings per share basis.

QUALCOMM employs 41,000 workers across the globe.

The following companies are subsidiares of QUALCOMM: AMD, Airgo Networks, Atheros Communications, Berkäna Wireless, Bigfoot Networks, Bitboys Oy, Black Sand Technologies, CSR, Capsule Tech, DesignArt Networks, Digital Fountain, ELATA, Empowered Careers, Euvision Technologies, Firethorn, Flarion Technologies, FleetAdvisor, HaloIPT, InnoPath Software, Iridigm Display Corporation, NUVIA, Now Software, Orb Networks, Pixtronix, QUALCOMM CDMA Technologies Asia-Pacific Pte. Ltd., Qualcomm Atheros, Qualcomm Global Trading Pte. Ltd., Qualcomm India Private Limited, Qualcomm Technologies Inc., Qualcomm Technologies International Ltd., Qualphone, RF360 Europe GmbH, RF360 Holdings, RF360 Singapore Pte. Ltd., Sandbridge Technologies, Scyfer, SnapTrack, SoftMax, Spike Technologies, Stonestreet One, Summit Microelectronics, Sylectus, Tapioca Mobile, TeleCIS Wireless, Trigenix, Ubicom, Ultra-Scan Corporation, Wilocity, Within Technology, Xiam, iSkoot, kooaba, and nPhase.

QUALCOMM was founded in 1985.

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

QUALCOMM is headquartered at 5775 MOREHOUSE DRIVE, SAN DIEGO CA, 92121.

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]