NASDAQ:QCOM - QUALCOMM Stock Price, News, & Analysis

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

QUALCOMM declared a quarterly dividend on Tuesday, October 23rd. Shareholders of record on Thursday, December 6th will be given a dividend of $0.62 per share on Thursday, December 20th. This represents a $2.48 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date of this dividend is Wednesday, December 5th. View QUALCOMM's Dividend History.

QUALCOMM announced that its Board of Directors has authorized a stock repurchase plan on Thursday, July 26th 2018, which allows the company to repurchase $30,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 34.1% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

QUALCOMM, Inc. (NASDAQ:QCOM) announced its quarterly earnings data on Wednesday, November, 7th. The wireless technology company reported $0.90 EPS for the quarter, beating the Zacks' consensus estimate of $0.70 by $0.20. The wireless technology company had revenue of $5.83 billion for the quarter, compared to analysts' expectations of $5.54 billion. QUALCOMM had a positive return on equity of 26.21% and a negative net margin of 21.40%. The company's quarterly revenue was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.92 earnings per share. View QUALCOMM's Earnings History.

QUALCOMM is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for QUALCOMM.

QUALCOMM issued an update on its first quarter 2019 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of $1.05-1.15 for the period, compared to the Thomson Reuters consensus estimate of $0.95. The company issued revenue guidance of $4.5-5.3 billion, compared to the consensus revenue estimate of $5.57 billion.

20 Wall Street analysts have issued 1-year price targets for QUALCOMM's shares. Their predictions range from $55.00 to $95.00. On average, they expect QUALCOMM's share price to reach $70.5294 in the next year. This suggests a possible upside of 28.5% from the stock's current price. View Analyst Price Targets for QUALCOMM.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 9 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for QUALCOMM.

Media stories about QCOM stock have trended very positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. QUALCOMM earned a coverage optimism score of 3.3 on InfoTrie's scale. They also gave headlines about the wireless technology company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.

QUALCOMM saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 91,824,188 shares, a drop of 14.9% from the October 15th total of 107,920,459 shares. Based on an average trading volume of 15,750,916 shares, the short-interest ratio is presently 5.8 days. Approximately 6.3% of the shares of the stock are sold short. View QUALCOMM's Current Options Chain.

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), Echostar (SATS), Commscope (COMM), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA), Mitel Networks (MITL), Maxar Technologies (MAXR) and CalAmp (CAMP).

QUALCOMM's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.28%), Capital Research Global Investors (3.65%), FMR LLC (2.94%), Capital International Investors (2.10%), Primecap Management Co. CA (1.79%) and Bank of New York Mellon Corp (1.42%). 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 and Michelle M Sterling. View Institutional Ownership Trends for QUALCOMM.

QCOM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Capital Research Global Investors, BlackRock Inc., Veritas Asset Management LLP, FIL Ltd, Capital International Investors, Mitsubishi UFJ Trust & Banking Corp and Hexavest Inc.. Company insiders that have sold QUALCOMM company stock in the last year include Alexander H Rogers, Cristiano R Amon, Donald J Rosenberg, James H Thompson, Matthew S Grob and Michelle M Sterling. View Insider Buying and Selling for QUALCOMM.

QCOM stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Point72 Asset Management L.P., Capital World Investors, Jennison Associates LLC, Wedge Capital Management L L P NC, Putnam Investments LLC, Teachers Advisors LLC and Russell Investments Group Ltd.. 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.

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.

One share of QCOM stock can currently be purchased for approximately $54.90.

QUALCOMM has a market capitalization of $67.74 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.

The official website for QUALCOMM is http://www.qualcomm.com.

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]