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 paid 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 4.55%. The ex-dividend date of this dividend is Wednesday, December 5th. View QUALCOMM's Dividend History.

QUALCOMM declared that its board has authorized a stock repurchase plan on Thursday, July 26th 2018, which permits the company to buyback $30,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 34.1% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

QUALCOMM, Inc. (NASDAQ:QCOM) issued its quarterly earnings results on Wednesday, November, 7th. The wireless technology company reported $0.90 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $5.54 billion. QUALCOMM had a positive return on equity of 26.21% and a negative net margin of 21.40%. The business's quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.92 EPS. 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 EPS guidance of $1.05-1.15 for the period, compared to the Thomson Reuters consensus EPS 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.

21 brokers have issued 12 month price objectives for QUALCOMM's shares. Their forecasts range from $55.00 to $95.00. On average, they anticipate QUALCOMM's share price to reach $70.5294 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price. View Analyst Price Targets for QUALCOMM.

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 1 sell rating, 9 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for QUALCOMM.

Headlines about QCOM stock have been trending negative on Monday, InfoTrie reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. QUALCOMM earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned press coverage about the wireless technology company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an effect on the stock's share price in the near term.

QUALCOMM saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 91,824,188 shares, a decline of 14.9% from the October 15th total of 107,920,459 shares. Based on an average daily volume of 15,750,916 shares, the short-interest ratio is currently 5.8 days. Approximately 6.3% of the company's 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), Commscope (COMM), Echostar (SATS), Loral Space & Communications Ltd. (LORL), Casa Systems (CASA), Mitel Networks (MITL), Maxar Technologies (MAXR) and CalAmp (CAMP).

QUALCOMM's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.28%), FMR LLC (2.94%), Bank of New York Mellon Corp (1.42%), Veritas Asset Management LLP (0.51%), Thornburg Investment Management Inc. (0.38%) and Swiss National Bank (0.31%). 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, BlackRock Inc., Veritas Asset Management LLP, FIL Ltd, Hexavest Inc., AXA, DNB Asset Management AS and Bessemer Group 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, Jennison Associates LLC, Wedge Capital Management L L P NC, Russell Investments Group Ltd., TCW Group Inc., Canada Pension Plan Investment Board, Columbus Circle Investors and Suffolk Capital Management LLC. 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 $54.49.

QUALCOMM has a market capitalization of $68.75 billion and generates $22.73 billion in revenue each year. The wireless technology company earns $2.47 billion in net income (profit) each year or $3.19 on an earnings per share basis. QUALCOMM employs 33,800 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]