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 stock has increased by 24.6% and is now trading at $92.92. 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) released its quarterly earnings data on Wednesday, April, 29th. The wireless technology company reported $0.88 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.79 by $0.09. The wireless technology company had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.04 billion. QUALCOMM had a return on equity of 69.92% and a net margin of 16.36%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the business earned $0.77 EPS. View QUALCOMM's earnings history.

QUALCOMM declared a quarterly dividend on Tuesday, April 21st. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.65 per share on Thursday, June 25th. This represents a $2.60 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date 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 has initiated a stock repurchase plan on Thursday, July 26th 2018, which allows the company to buyback $30,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 34.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its stock is undervalued.

QUALCOMM issued an update on its third quarter earnings guidance on Wednesday, April, 29th. The company provided earnings per share (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 equities research analysts have issued 1-year target prices for QUALCOMM's shares. Their forecasts range from $61.00 to $115.00. On average, they anticipate QUALCOMM's stock price to reach $92.95 in the next year. This suggests a possible upside of 0.0% from the stock's current price. View analysts' price targets for QUALCOMM.

Media headlines about QCOM stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. QUALCOMM earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the wireless technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about QUALCOMM.

QUALCOMM saw a decrease in short interest in June. As of June 30th, there was short interest totaling 15,390,000 shares, a decrease of 11.2% from the June 15th total of 17,340,000 shares. Based on an average daily trading volume, of 10,600,000 shares, the short-interest ratio is presently 1.5 days. Approximately 1.4% 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), Ciena (CIEN), F5 Networks (FFIV), 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 a variety of institutional and retail investors. Top institutional investors include Private Asset Management Inc. (0.05%), State of Alaska Department of Revenue (0.03%), Capital Investment Services of America Inc. (0.02%), First Financial Bank Trust Division (0.00%), Smithbridge Asset Management Inc. DE (0.00%) and Windsor Group LTD (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 Municipal Employees Retirement System of Michigan, Park National Corp OH, M&R Capital Management Inc., and Farmers Trust Co.. 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Anderson Hoagland & Co., First Financial Bank Trust Division, OmniStar Financial Group Inc., HNP Capital LLC, Bath Savings Trust Co, Groesbeck Investment Management Corp NJ, and Smithbridge Asset Management Inc. DE. 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 $92.92.

QUALCOMM has a market capitalization of $104.53 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]