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, long term evolution, and/or fifth generation 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
Phone858-587-1121
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$22.73 billion
Profitability
Miscellaneous
Employees35,400
OptionableOptionable
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 Monday, January 14th. Investors of record on Thursday, March 7th will be given a dividend of $0.62 per share on Thursday, March 28th. This represents a $2.48 annualized dividend and a dividend yield of 4.77%. The ex-dividend date is Wednesday, March 6th. View QUALCOMM's Dividend History.
How will QUALCOMM's stock buyback program work?
QUALCOMM declared that its Board of Directors has approved a share repurchase program on Thursday, July 26th 2018, which authorizes the company to buyback $30,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 34.1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board believes its shares are undervalued.
How were QUALCOMM's earnings last quarter?
QUALCOMM, Inc. (NASDAQ:QCOM) announced its earnings results on Wednesday, January, 30th. The wireless technology company reported $1.20 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.11. The wireless technology company earned $4.80 billion during the quarter, compared to analysts' expectations of $4.89 billion. QUALCOMM had a return on equity of 36.66% and a net margin of 10.03%. The firm's revenue was down 21.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.98 earnings per share. 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 second quarter earnings guidance on Wednesday, January, 30th. The company provided EPS guidance of $0.65-$0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.69. The company issued revenue guidance of $4.4-$5.2 billion, compared to the consensus revenue estimate of $4.80 billion.QUALCOMM also updated its Q2 2019 guidance to $0.65-0.75 EPS.
What price target have analysts set for QCOM?
22 analysts have issued twelve-month target prices for QUALCOMM's shares. Their forecasts range from $55.00 to $84.00. On average, they anticipate QUALCOMM's share price to reach $66.4211 in the next year. This suggests a possible upside of 27.7% from the stock's current price. 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 10 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for QUALCOMM.
Has QUALCOMM been receiving favorable news coverage?
Media headlines about QCOM stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. QUALCOMM earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news coverage about the wireless technology company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.
Are investors shorting QUALCOMM?
QUALCOMM saw a decline in short interest in January. As of January 31st, there was short interest totalling 39,711,442 shares, a decline of 27.2% from the January 15th total of 54,564,188 shares. Based on an average trading volume of 23,449,533 shares, the days-to-cover ratio is currently 1.7 days. Approximately 3.3% of the company's shares are short sold. View QUALCOMM's Current Options Chain.
Who are some of QUALCOMM's key competitors?
Some companies that are related to QUALCOMM include NTT Docomo (DCMYY), Nokia Oyj (NOK), Telefonaktiebolaget LM Ericsson (ERIC), Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), ARRIS International (ARRS), ViaSat (VSAT), Commscope (COMM), Echostar (SATS), Mitel Networks (MITL), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA), Comtech Telecomm. (CMTL) and CalAmp (CAMP).
Who are QUALCOMM's key executives?
QUALCOMM's management team includes the folowing people:
- Mr. Steven M. Mollenkopf, CEO & Director (Age 50)
- Mr. Cristiano Renno Amon, Pres (Age 49)
- Mr. George S. Davis, CFO & Exec. VP (Age 61)
- Dr. James H. Thompson, Chief Technology Officer (Age 55)
- Mr. Donald J. Rosenberg, Exec. VP, Gen. Counsel & Corp. Sec. (Age 68)
Who are QUALCOMM's major shareholders?
QUALCOMM's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.99%), Oregon Public Employees Retirement Fund (2.78%), Bank of New York Mellon Corp (2.14%), Barrow Hanley Mewhinney & Strauss LLC (1.67%), Northern Trust Corp (1.31%) and Geode Capital Management LLC (1.30%). Company insiders that own QUALCOMM stock include Alexander H Rogers, Ann M Livermore, Cristiano R Amon, Derek K Aberle, Donald J Rosenberg, James H Thompson, Matthew S Grob and Michelle M Sterling. 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 BlackRock Inc., Coatue Management LLC, Two Sigma Advisers LP, Bessemer Group Inc., Parnassus Investments CA, Dimensional Fund Advisors LP, Northern Trust Corp and Geode Capital Management LLC. Company insiders that have sold QUALCOMM company stock in the last year include Alexander H Rogers, Cristiano R Amon, Donald J Rosenberg and James H Thompson. 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 Oregon Public Employees Retirement Fund, Bank of New York Mellon Corp, Levin Capital Strategies L.P., Eaton Vance Management, Korea Investment CORP, KBC Group NV, Worldquant Millennium Quantitative Strategies LLC and Cavalry Management Group LLC. 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 $52.01.
How big of a company is QUALCOMM?
QUALCOMM has a market capitalization of $62.95 billion and generates $22.73 billion in revenue each year. The wireless technology company earns $-4,864,000,000.00 in net income (profit) each year or $3.19 on an earnings per share basis. QUALCOMM employs 35,400 workers across the globe.
What is QUALCOMM's official website?
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)
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.
