QUALCOMM Company Profile (NASDAQ:QCOM)

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

QUALCOMM announced a quarterly dividend on Tuesday, October 10th. Shareholders of record on Wednesday, November 29th will be given a dividend of $0.57 per share on Friday, December 15th. This represents a $2.28 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date is Tuesday, November 28th. View QUALCOMM's Dividend History.

QUALCOMM, Inc. (NASDAQ:QCOM) issued its quarterly earnings results on Wednesday, November, 2nd. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $1.13 by $0.15. The company earned $9.17 billion during the quarter, compared to the consensus estimate of $5.84 billion. QUALCOMM had a return on equity of 11.09% and a net margin of 16.11%. The business's quarterly revenue was up 68.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.91 earnings per share. View QUALCOMM's Earnings History.

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

26 brokerages have issued twelve-month price targets for QUALCOMM's stock. Their forecasts range from $55.00 to $78.00. On average, they expect QUALCOMM's stock price to reach $64.34 in the next twelve months. View Analyst Ratings for QUALCOMM.

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

• 1. According to Zacks Investment Research, "Qualcomm achieved a 5G data connection with the Snapdragon X50 5G modem chipset on 28GHz mmWave spectrum. Qualcomm is teaming up with Verizon and Novatel Wireless for 5G NR mmWave technology trial. This marks Qualcomm’s leadership in 5G, chipset market and mobile connectivity. Qualcomm is extending cash tender offer for its pending NXP Semiconductor deal. Qualcomm has launched Mesh Networking Platform and is planning to buy Scyfer B.V. to boost its Artificial Intelligence Research. Qualcomm’s subsidiary unveiled a new chipset — the C-V2X, compatible with 4G and 5G cellular standards. However, the company continues to receive charges for unfair business practices and licensing royalty payments. Aggressive competition in the mobile phone chipset market has also been hurting Qualcomm’s profits. Qualcomm sued Apple in China, seeking iPhone sales’ ban. Over the past three months, the stock underperformed its industry." (10/17/2017)
• 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)

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

QUALCOMM'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
• Penny Baldwin, Senior Vice President, Chief Marketing Officer
• Matthew S. Grob, Chief Technology Officer, Executive Vice President of Qualcomm Technologies, Inc.

QUALCOMM's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hamlin Capital Management LLC (0.10%), Douglas Lane & Associates LLC (0.10%), Nationwide Fund Advisors (0.09%), Strs Ohio (0.07%), APG Asset Management N.V. (0.06%) and Fisher Asset Management LLC (0.05%). Company insiders that own QUALCOMM 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 and Stiles Barbara Alexander. View Institutional Ownership Trends for QUALCOMM.

QUALCOMM's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Private Asset Management Inc., PGGM Investments, State Treasurer State of Michigan, Fisher Asset Management LLC, BB&T Corp, Strs Ohio and Nationwide Fund Advisors. Company insiders that have sold QUALCOMM 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 and Stiles Barbara Alexander. View Insider Buying and Selling for QUALCOMM.

QUALCOMM's stock was bought by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC, Shell Asset Management Co., Alpha Cubed Investments LLC, Sabal Trust CO, Advisors Capital Management LLC, Harrington Investments INC, Hamlin Capital Management LLC and Exane Derivatives. Company insiders that have bought QUALCOMM 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.

Shares of QUALCOMM 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 stock can currently be purchased for approximately $53.39.