QUALCOMM Incorporated Company Profile (NASDAQ:QCOM)

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

QUALCOMM Incorporated declared a quarterly dividend on Friday, July 14th. Stockholders of record on Wednesday, August 30th will be given a dividend of $0.57 per share on Wednesday, September 20th. This represents a $2.28 annualized dividend and a dividend yield of 4.36%. The ex-dividend date is Monday, August 28th. View QUALCOMM Incorporated's Dividend History.

QUALCOMM Incorporated (NASDAQ:QCOM) issued its quarterly earnings results on Wednesday, July, 19th. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.81 by $0.02. The company had revenue of $5.37 billion for the quarter, compared to analysts' expectations of $5.25 billion. QUALCOMM Incorporated had a net margin of 17.26% and a return on equity of 19.64%. The company's revenue for the quarter was down 11.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.16 earnings per share. View QUALCOMM Incorporated's Earnings History.

QUALCOMM Incorporated is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for QUALCOMM Incorporated.

QUALCOMM Incorporated issued an update on its fourth quarter earnings guidance on Wednesday, July, 19th. The company provided EPS guidance of $0.75-0.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.91. The company issued revenue guidance of $5.4-6.2 billion, compared to the consensus revenue estimate of $5.48 billion.

28 brokers have issued 1-year price targets for QUALCOMM Incorporated's stock. Their predictions range from $54.00 to $78.00. On average, they anticipate QUALCOMM Incorporated's stock price to reach $64.27 in the next twelve months. View Analyst Ratings for QUALCOMM Incorporated.

Here are some recent quotes from research analysts about QUALCOMM Incorporated stock:

• 1. According to Zacks Investment Research, "Qualcomm continues to lead the global wireless baseband chipset market. Qualcomm gained the Taiwan Fair Trade Commission’s regulatory approval for the NXP Semiconductor buyout, but the deal is under thorough investigation by the European Commission. Qualcomm has launched its Mesh Networking Platform and seeks FCC's Approval for Antenna Pattern Testing. Qualcomm’s Snapdragon processor is known for its Internet of Things applications. Patent license network deals, tie-up with AT&T and Ericsson for 5G network trials bode well for Qualcomm’s prospects. Over the past three months, the stock price lags its industry’s performance. Further, competitive mobile phone chipset market, stringent regulatory norms along with anti-competitive and unfair business practices charges act as risks. The $1 billion dispute with Apple is getting uglier, with Apple getting the support of Silicon Valley biggies and its suppliers." (8/8/2017)
• 2. UBS AG analysts commented, "The US Federal Trade Commission (FTC) announced it has filed a complaint with the District Court of Northern California charging Qualcomm with violating the FTC Act. We maintain a Neutral view on Qualcomm given uncertainties regarding the outcome and financial impact of pending inquiries/investigations by the US FTC, Korea FTC, Taiwan FTC, and European Commission. The US FTC (File No. 141-0199) charges Qualcomm with: 1) maintaining a "no license, no chips" policy towards mobile customers, 2) refusing to license standard-essential patents to other chip competitors, 3) extracted exclusivity from Apple from 2011-2016 as a chip supplier in exchange for reduced patent royalties. The FTC voted 2-1 to file the complaint, while Commissioner Ohlhausen dissented and issued a separate statement on the decision to litigate. Qualcomm's response to the case is that it lacks economic and evidentiary support, and it does not allege that Qualcomm charges above fair and reasonable royalties." (1/18/2017)

QUALCOMM Incorporated saw a increase in short interest in August. As of August 31st, there was short interest totalling 21,414,607 shares, an increase of 11.8% from the August 15th total of 19,159,188 shares. Based on an average trading volume of 6,099,077 shares, the days-to-cover ratio is currently 3.5 days. Currently, 1.5% of the company's shares are sold short.

Some companies that are related to QUALCOMM Incorporated include Ericsson (ERIC), Harris Corporation (HRS), Motorola Solutions (MSI), Arista Networks (ANET), Alcatel Lucent SA (ALU), CommScope Holding Company (COMM), EchoStar Corporation (SATS), ARRIS International PLC (ARRS), Brocade Communications Systems (BRCD), ViaSat (VSAT), Lumentum Holdings (LITE), Belden (BDC), Ciena Corporation (CIEN), InterDigital (IDCC), Finisar Corporation (FNSR), Viavi Solutions (VIAV), West Corporation (WSTC) and Acacia Communications (ACIA).

QUALCOMM Incorporated's management team includes the folowing people:

• Paul E. Jacobs Ph.D., Executive Chairman of the Board
• Derek K. Aberle J.D., President
• Steven M. Mollenkopf, Chief Executive Officer, Director
• George S. Davis, Chief Financial Officer, Executive Vice President
• Donald J. Rosenberg J.D., Executive Vice President, General Counsel, Corporate Secretary
• Michelle M. Sterling, Executive Vice President-Human Resources
• Brian T. Modoff, Executive Vice President - Strategy and Mergers&Acquisitions & Ventures
• Alex Rogers, Executive Vice President, President - Qualcomm Technology Licensing
• Matthew S. Grob, Chief Technology Officer, Executive Vice President of Qualcomm Technologies, Inc.
• Larry Paulson, Vice President, President of Qualcomm India

QUALCOMM Incorporated's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.01%), FMR LLC (5.46%), State Street Corp (4.11%), Northern Trust Corp (1.32%), Bank of New York Mellon Corp (1.04%) and Capital International Investors (1.03%). Company insiders that own QUALCOMM Incorporated stock include Alexander H Rogers, Ann M Livermore, Anthony J Vinciquerra, Brian Modoff, Cristiano R Amon, Derek K Aberle, Donald G Cruickshank, Donald J Rosenberg, James H Thompson, John Francis Murphy, Marc I Stern, Matthew S Grob, Michelle M Sterling, Raymond V Dittamore, Stiles Barbara Alexander and Venkata S M Renduchintala. View Institutional Ownership Trends for QUALCOMM Incorporated.

QUALCOMM Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Jackson Square Partners LLC, State Street Corp, Ameriprise Financial Inc., Prudential Financial Inc., Bank of New York Mellon Corp, Los Angeles Capital Management & Equity Research Inc. and Harris Associates L P. Company insiders that have sold QUALCOMM Incorporated stock in the last year include Alexander H Rogers, 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 Insider Buying and Selling for QUALCOMM Incorporated.

QUALCOMM Incorporated's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Veritas Asset Management LLP, Capital International Investors, Maverick Capital Ltd., Janus Henderson Group PLC, Vanguard Group Inc., First Eagle Investment Management LLC and Parametric Portfolio Associates LLC. Company insiders that have bought QUALCOMM Incorporated stock in the last two years include Ann M Livermore, Anthony J Vinciquerra, Brian Modoff and Cristiano R Amon. View Insider Buying and Selling for QUALCOMM Incorporated.

Shares of QUALCOMM Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of QUALCOMM Incorporated stock can currently be purchased for approximately $52.30.