QUALCOMM 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.
Industry, Sector and Symbol
Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:QCOM
CUSIP74752510
Phone858-587-1121
Debt
Debt-to-Equity Ratio0.81
Current Ratio3.60
Quick Ratio3.46
Price-To-Earnings
Trailing P/E Ratio15.42
Forward P/E Ratio21.52
P/E Growth1.92
Sales & Book Value
Annual Sales$22.29 billion
Price / Sales3.88
Cash Flow$4.6768 per share
Price / Cash12.47
Book Value$20.81 per share
Price / Book2.80
Profitability
EPS (Most Recent Fiscal Year)$3.78
Net Income$2.47 billion
Net Margins-20.16%
Return on Equity16.48%
Return on Assets7.00%
Miscellaneous
Employees33,800
Outstanding Shares1,482,860,000
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 Tuesday, April 17th. Stockholders of record on Wednesday, May 30th will be paid a dividend of $0.62 per share on Wednesday, June 20th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date of this dividend is Tuesday, May 29th. This is an increase from QUALCOMM's previous quarterly dividend of $0.57. View QUALCOMM's Dividend History.
How will QUALCOMM's stock buyback program work?
QUALCOMM declared that its Board of Directors has authorized a share repurchase program on Wednesday, May 9th 2018, which authorizes the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 12.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.
How were QUALCOMM's earnings last quarter?
QUALCOMM, Inc. (NASDAQ:QCOM) issued its quarterly earnings data on Wednesday, April, 25th. The wireless technology company reported $0.80 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.70 by $0.10. The wireless technology company had revenue of $5.20 billion for the quarter, compared to analysts' expectations of $5.21 billion. QUALCOMM had a positive return on equity of 16.48% and a negative net margin of 20.16%. The company's revenue for the quarter was down 13.3% on a year-over-year basis. During the same quarter last year, the company earned $1.34 EPS. View QUALCOMM's Earnings History.
When is QUALCOMM's next earnings date?
What guidance has QUALCOMM issued on next quarter's earnings?
QUALCOMM updated its third quarter earnings guidance on Wednesday, April, 25th. The company provided EPS guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.77. The company issued revenue guidance of $4.8-5.6 billion, compared to the consensus revenue estimate of $5.28 billion.
What price target have analysts set for QCOM?
22 Wall Street analysts have issued twelve-month price objectives for QUALCOMM's stock. Their forecasts range from $53.00 to $75.00. On average, they expect QUALCOMM's share price to reach $63.00 in the next twelve months. 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, "Regulatory disputes and aggressive competition in the mobile phone chipset market continue to hurt Qualcomm. The company recorded significant decline in licensing fees in second-quarter fiscal 2018 due to the ongoing dispute with Apple and other contract manufacturers. Headwinds from weaker industry conditions have further dented margins. A major part of the growth in the smartphone market in the future is likely to come from the low-cost emerging markets, which will exert additional pressure on its profitability. Moreover, Qualcomm's proposed acquisition of NXP Semiconductors is still awaiting regulatory approvals from the Chinese authorities, negating most of the positives related to the deal. The stock underperformed the industry in the past six months. However, Qualcomm has been trying to retain its leadership in 5G, chipset market and mobile connectivity with multiple technological achievements and launches." (4/30/2018)
- 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 in the month of May. As of May 31st, there was short interest totalling 26,092,540 shares, an increase of 40.4% from the May 15th total of 18,585,399 shares. Based on an average daily trading volume, of 11,608,365 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.8% of the shares of the stock are short sold.
Who are some of QUALCOMM's key competitors?
Some companies that are related to QUALCOMM include NTT Docomo (DCMYY), NTT Docomo (DCM), Nokia Oyj (NOK), Telefonaktiebolaget LM Ericsson (ERIC), Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), Commscope (COMM), ARRIS International (ARRS), Echostar (SATS), ViaSat (VSAT), Maxar Technologies (MAXR), Casa Systems (CASA), Mitel Networks (MITL) and Loral Space & Communications Ltd. (LORL).
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
Has QUALCOMM been receiving favorable news coverage?
Media stories about QCOM stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QUALCOMM earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news headlines about the wireless technology company an impact score of 46.76 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.
Who are QUALCOMM's major shareholders?
QUALCOMM's stock is owned by a number of of institutional and retail investors. Top institutional investors include Barrow Hanley Mewhinney & Strauss LLC (1.46%), Northern Trust Corp (1.25%), Loomis Sayles & Co. L P (1.20%), Veritas Asset Management LLP (0.87%), Dimensional Fund Advisors LP (0.79%) 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 Barrow Hanley Mewhinney & Strauss LLC, Cannell Peter B & Co. Inc., Trilogy Global Advisors LP, Swiss National Bank, Toronto Dominion Bank, Prudential Financial Inc., The Manufacturers Life Insurance Company and Northern Trust Corp. Company insiders that have sold QUALCOMM company stock in the last year include Alexander H Rogers, Cristiano R Amon, Derek K Aberle, 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 acquired by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Schwab Charles Investment Management Inc., Montag & Caldwell LLC, FIL Ltd, Robecosam AG, Flossbach Von Storch AG, Numen Capital LLP and Summit Trail Advisors 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 $58.55.
How big of a company is QUALCOMM?
QUALCOMM has a market capitalization of $88.76 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.
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 (QCOM)
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.
