NASDAQ:QCOMQUALCOMM Stock Price, Forecast & News

QUALCOMM's stock was trading at $74.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, QCOM shares have increased by 23.2% and is now trading at $91.87. View which stocks have been most impacted by Coronavirus.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 4 sell ratings, 5 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for QUALCOMM.

QUALCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for QUALCOMM.

QUALCOMM will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

QUALCOMM, Inc. (NASDAQ:QCOM) announced its quarterly earnings data on Wednesday, April, 29th. The wireless technology company reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.09. The wireless technology company had revenue of $5.21 billion for the quarter, compared to analyst estimates of $5.04 billion. QUALCOMM had a net margin of 16.36% and a return on equity of 69.92%. The business's revenue was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.77 earnings per share. View QUALCOMM's earnings history.

QUALCOMM announced a quarterly dividend on Tuesday, April 21st. Shareholders of record on Thursday, June 4th will be given a dividend of $0.65 per share on Thursday, June 25th. This represents a $2.60 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend is Wednesday, June 3rd. This is a boost from QUALCOMM's previous quarterly dividend of $0.62. View QUALCOMM's dividend history.

QUALCOMM declared that its Board of Directors has approved a stock buyback program 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 repurchase up to 34.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

QUALCOMM updated its third quarter earnings guidance on Wednesday, April, 29th. The company provided EPS guidance of $0.60-0.80 for the period, compared to the Thomson Reuters consensus estimate of $0.78. The company issued revenue guidance of $4.4-5.2 billion, compared to the consensus revenue estimate of $4.91 billion.

24 Wall Street analysts have issued 12-month price targets for QUALCOMM's shares. Their forecasts range from $61.00 to $115.00. On average, they expect QUALCOMM's stock price to reach $92.95 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price. View analysts' price targets for QUALCOMM.

News articles about QCOM stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. QUALCOMM earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the wireless technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about QUALCOMM.

QUALCOMM saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 17,340,000 shares, an increase of 18.0% from the May 31st total of 14,700,000 shares. Based on an average trading volume of 11,500,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.6% of the shares of the company are sold short. View QUALCOMM's Current Options Chain.

Some companies that are related to QUALCOMM include Cisco Systems (CSCO), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Echostar (SATS), ViaSat (VSAT), InterDigital Wireless (IDCC), Infinera (INFN), Calix (CALX), NetGear (NTGR), Plantronics (PLT), Ribbon Communications (RBBN) and ADTRAN (ADTN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other QUALCOMM investors own include NVIDIA (NVDA), Intel (INTC), Micron Technology (MU), Cisco Systems (CSCO), AT&T (T), Alibaba Group (BABA), Walt Disney (DIS), Advanced Micro Devices (AMD), Verizon Communications (VZ) and Netflix (NFLX).

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

QUALCOMM's stock is owned by many different retail and institutional investors. Top institutional investors include First Financial Bank Trust Division (0.00%), Smithbridge Asset Management Inc. DE (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%), Park National Corp OH (0.00%), Modus Advisors LLC (0.00%) and M&R Capital Management Inc. (0.00%). Company insiders that own QUALCOMM stock include Akash J Palkhiwala, Alexander H Rogers, Brian Modoff, Clark T Jr Randt, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, Inc/De Qualcomm, James H Thompson, Mark D Mclaughlin 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 Park National Corp OH, and M&R Capital Management Inc.. Company insiders that have sold QUALCOMM company stock in the last year include Akash J Palkhiwala, Alexander H Rogers, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, and Michelle M Sterling. View insider buying and selling activity for QUALCOMM.

QCOM stock was acquired by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division, Smithbridge Asset Management Inc. DE, Nelson Van Denburg & Campbell Wealth Management Group LLC, and Modus Advisors LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

One share of QCOM stock can currently be purchased for approximately $91.87.

QUALCOMM has a market capitalization of $103.35 billion and generates $24.27 billion in revenue each year. The wireless technology company earns $4.39 billion in net income (profit) each year or $2.84 on an earnings per share basis. QUALCOMM employs 37,000 workers across the globe.

The official website for QUALCOMM is 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]