QUALCOMM Stock Forecast, Price & News

QUALCOMM's stock was trading at $74.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, QCOM shares have increased by 117.8% and is now trading at $162.45.
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31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 1 sell rating, 9 hold ratings, 20 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" QUALCOMM stock.
View analyst ratings for QUALCOMM or view MarketBeat's top 5 stock picks.

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1,448 employees have rated QUALCOMM CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among QUALCOMM's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

QUALCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for QUALCOMM.

QUALCOMM will be holding an earnings conference call on Wednesday, February 3rd 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 Incorporated (NASDAQ:QCOM) announced its quarterly earnings results on Wednesday, November, 4th. The wireless technology company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.28. The wireless technology company had revenue of $6.50 billion for the quarter, compared to the consensus estimate of $5.94 billion. QUALCOMM had a net margin of 22.09% and a return on equity of 90.74%. The company's quarterly revenue was up 35.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.78 earnings per share.
View QUALCOMM's earnings history.

QUALCOMM announced a quarterly dividend on Wednesday, January 20th. Stockholders of record on Thursday, March 4th will be given a dividend of $0.65 per share on Thursday, March 25th. This represents a $2.60 annualized dividend and a yield of 1.60%. The ex-dividend date is Wednesday, March 3rd.
View QUALCOMM's dividend history.

QUALCOMM pays an annual dividend of $2.60 per share and currently has a dividend yield of 1.58%. QUALCOMM does not yet have a strock track record of dividend growth. The dividend payout ratio of QUALCOMM is 77.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, QUALCOMM will have a dividend payout ratio of 32.46% next year. This indicates that QUALCOMM will be able to sustain or increase its dividend.
View QUALCOMM's dividend history.

QUALCOMM updated its first quarter earnings guidance on Wednesday, November, 4th. The company provided earnings per share guidance of $1.95-2.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.68. The company issued revenue guidance of $7.8-8.6 billion, compared to the consensus revenue estimate of $7.16 billion.

31 Wall Street analysts have issued 12 month price targets for QUALCOMM's shares. Their forecasts range from $61.00 to $200.00. On average, they expect QUALCOMM's stock price to reach $152.44 in the next twelve months. This suggests that the stock has a possible downside of 6.2%.
View analysts' price targets for QUALCOMM or view Wall Street analyst' top-rated stocks.

QUALCOMM saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 17,090,000 shares, an increase of 26.7% from the December 15th total of 13,490,000 shares. Based on an average daily trading volume, of 8,230,000 shares, the short-interest ratio is presently 2.1 days. Approximately 1.5% of the company's stock are sold short.
View QUALCOMM's Short Interest.

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), Viasat (VSAT), EchoStar (SATS), Calix (CALX), InterDigital (IDCC), Infinera (INFN), Plantronics (PLT), NETGEAR (NTGR), Ribbon Communications (RBBN) and Extreme Networks (EXTR).
View all of QCOM's competitors.

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

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

QUALCOMM's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.12%), State of Alaska Department of Revenue (0.06%), Private Asset Management Inc. (0.04%), Atalanta Sosnoff Capital LLC (0.04%), Gateway Investment Advisers LLC (0.04%) and Trinity Street Asset Management LLP (0.03%). 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, Michelle M Sterling and Steven M Mollenkopf.
View institutional ownership trends for QUALCOMM.

QCOM stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Crossmark Global Holdings Inc., Douglas Lane & Associates LLC, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Pacer Advisors Inc., Private Asset Management Inc., and Darrell & King LLC. 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 Steven M Mollenkopf.
View insider buying and selling activity for QUALCOMM or view top insider-selling stocks.

QCOM stock was purchased by a variety of institutional investors in the last quarter, including Cadinha & Co. LLC, Louisiana State Employees Retirement System, Brookstone Capital Management, Oak Harvest Investment Services, IFM Investors Pty Ltd, Busey Wealth Management, Lehman & Derafelo Financial Resources LLC, and Kestra Advisory Services LLC.
View insider buying and selling activity for QUALCOMM or or view top insider-buying stocks.

Shares of QCOM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of QCOM stock can currently be purchased for approximately $162.45.

QUALCOMM has a market capitalization of $183.73 billion and generates $23.53 billion in revenue each year. The wireless technology company earns $5.20 billion in net income (profit) each year or $3.34 on an earnings per share basis. QUALCOMM employs 41,000 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]