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.
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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
Next Earnings Date11/6/2019 (Estimated)
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 Wednesday, July 24th. Investors of record on Thursday, September 12th will be given a dividend of $0.62 per share on Thursday, September 26th. This represents a $2.48 annualized dividend and a dividend yield of 3.26%. The ex-dividend date of this dividend is Wednesday, September 11th. View QUALCOMM's Dividend History.
How will QUALCOMM's stock buyback program work?
QUALCOMM declared that its Board of Directors has initiated a stock repurchase program on Thursday, July 26th 2018, which permits the company to buyback $30,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 34.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.
How were QUALCOMM's earnings last quarter?
QUALCOMM, Inc. (NASDAQ:QCOM) announced its quarterly earnings data on Wednesday, July, 31st. The wireless technology company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.02. The wireless technology company earned $4.89 billion during the quarter, compared to analyst estimates of $5.12 billion. QUALCOMM had a net margin of 13.41% and a return on equity of 112.21%. The business's quarterly revenue was down 12.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.01 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 fourth quarter earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.10. The company issued revenue guidance of $4.3-5.1 billion, compared to the consensus revenue estimate of $5.71 billion.
What price target have analysts set for QCOM?
28 Wall Street analysts have issued twelve-month target prices for QUALCOMM's stock. Their forecasts range from $55.00 to $115.00. On average, they expect QUALCOMM's share price to reach $80.8463 in the next year. This suggests a possible upside of 6.3% from the stock's current price. View Analyst Price Targets for QUALCOMM.
What is the consensus analysts' recommendation for QUALCOMM?
28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 2 sell ratings, 11 hold ratings, 14 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." 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. Mizuho analysts commented, "We believe that the growth trajectory and total potential market opportunity of the Pluralsight story warrants a premium multiple. As such, we are reiterating our OUTPERFORM investment rating and $40 price target." (8/1/2019)
- 2. According to Zacks Investment Research, "Qualcomm reported solid second-quarter fiscal 2019 results with the top and bottom line beating the respective Zacks Consensus Estimate, driven by strength in both the operating segments owing to strong product leadership and operating expense management. The company is likely to benefit significantly from the settlement with Apple. Qualcomm also expects improving business conditions in the second half of fiscal 2019 on the back of new product launches as it aims to redefine the computing and mobile ecosystem across the globe. The stock has outperformed the industry in the past year on average. However, aggressive competition in the mobile phone chipset market is likely to hurt Qualcomm’s profitability. Although the global smartphone market is expected to maintain its momentum over the next three to four years, major portion of this growth is likely to come from the low-cost emerging markets, which may further exert pressure on its margins." (5/6/2019)
- 3. Rosenblatt Securities analysts commented, "We think Qualcomm will continue to see weakness from the Android market in the second half of this year due to our belief that there will be an inventory correction in the Android market in late C3Q and C4Q. However, we see several catalysts for QCOM in 2H19 as many Chinese OEMs plan to launch their 5G smartphones in China in late C3Q (albeit at small volumes). In addition, we believe Apple (AAPL: Neutral) will begin to use Qualcomm modems again starting in the second half of this year. We maintain our Buy rating and $84 price target. We believe Chinese OEMs, as well as Samsung (SSNLF: NR), will become more aggressive when launching their 5G smartphones in mid-2020. We see Apple launching their regional 5G iPhone in the second half of 2020." (5/2/2019)
Has QUALCOMM been receiving favorable news coverage?
Press coverage about QCOM stock has trended positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. QUALCOMM earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave news coverage about the wireless technology company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for QUALCOMM.
Are investors shorting QUALCOMM?
QUALCOMM saw a increase in short interest in July. As of July 15th, there was short interest totalling 27,429,000 shares, an increase of 17.8% from the June 15th total of 23,279,400 shares. Based on an average trading volume of 17,120,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 2.3% of the shares of the stock are sold short. 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), Motorola Solutions (MSI), Telefonaktiebolaget LM Ericsson (ERIC), Ubiquiti Networks (UBNT), ViaSat (VSAT), Echostar (SATS), Commscope (COMM), Loral Space & Communications Ltd. (LORL), Comtech Telecomm. (CMTL), Harmonic (HLIT), Casa Systems (CASA), Gilat Satellite Networks (GILT), Sierra Wireless (SWIR) and Maxar Technologies (MAXR).
What other stocks do shareholders of QUALCOMM own?
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)
- Dr. James H. Thompson, Chief Technology Officer (Age 55)
- Mr. Donald J. Rosenberg, Exec. VP, Gen. Counsel & Corp. Sec. (Age 68)
- Mr. Franklin P. Antonio, Co-Founder & Chief Scientist
Who are QUALCOMM's major shareholders?
QUALCOMM's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.22%), Price T Rowe Associates Inc. MD (2.89%), Bank of New York Mellon Corp (2.09%), Primecap Management Co. CA (2.03%), Barrow Hanley Mewhinney & Strauss LLC (1.53%) and Northern Trust Corp (1.30%). Company insiders that own QUALCOMM stock include Alexander H Rogers, Brian Modoff, Clark T Jr Randt, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, Inc/De Qualcomm, 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 Caisse DE Depot ET Placement DU Quebec, Waddell & Reed Financial Inc., Point72 Asset Management L.P., Barrow Hanley Mewhinney & Strauss LLC, First Trust Advisors LP, Putnam Investments LLC, Equity Investment Corp and Check Capital Management Inc. CA. Company insiders that have sold QUALCOMM company stock in the last year include Alexander H Rogers, Brian Modoff, Clark T Jr Randt, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, Inc/De Qualcomm, James H Thompson and Michelle M Sterling. View Insider Buying and Selling for QUALCOMM.
Which major investors are buying QUALCOMM stock?
QCOM stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Price T Rowe Associates Inc. MD, Nuveen Asset Management LLC, Morgan Stanley, Vanguard Group Inc., Prudential Financial Inc., Bank of New York Mellon Corp and AQR Capital Management 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 $76.07.
How big of a company is QUALCOMM?
QUALCOMM has a market capitalization of $92.48 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.View Additional Information About QUALCOMM.
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.
