NASDAQ:QCOM - QUALCOMM Stock Price, Forecast & News

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

QUALCOMM declared a quarterly dividend on Friday, January 17th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.62 per share on Thursday, March 26th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date of this dividend is Wednesday, March 4th. View QUALCOMM's Dividend History.

QUALCOMM announced that its board has authorized a stock repurchase program on Thursday, July 26th 2018, which allows the company to repurchase $30,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 34.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

QUALCOMM, Inc. (NASDAQ:QCOM) announced its quarterly earnings data on Wednesday, February, 5th. The wireless technology company reported $0.99 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.85 by $0.14. The wireless technology company had revenue of $5.08 billion for the quarter, compared to analysts' expectations of $4.86 billion. QUALCOMM had a return on equity of 66.54% and a net margin of 17.31%. The business's revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm posted $1.20 EPS. View QUALCOMM's Earnings History.

QUALCOMM is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for QUALCOMM.

QUALCOMM issued an update on its second quarter earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of 0.80-0.95 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.85. The company issued revenue guidance of $4.9-5.7 billion, compared to the consensus revenue estimate of $5.07 billion.

24 analysts have issued 1-year price targets for QUALCOMM's stock. Their forecasts range from $60.00 to $115.00. On average, they anticipate QUALCOMM's stock price to reach $94.38 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for QUALCOMM.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 1 sell rating, 7 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for QUALCOMM.

Media coverage about QCOM stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. QUALCOMM earned a coverage optimism score of -2.8 on InfoTrie's scale. They also gave media 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 impact on the company's share price in the near future. View News Stories for QUALCOMM.

QUALCOMM saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 13,930,000 shares, a decrease of 18.3% from the January 15th total of 17,060,000 shares. Based on an average daily volume of 9,445,200 shares, the short-interest ratio is presently 1.5 days. Currently, 1.2% of the shares of the stock are sold short. View QUALCOMM's Current Options Chain.

Some companies that are related to QUALCOMM include Cisco Systems (CSCO), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR), NetGear (NTGR) and Harmonic (HLIT).

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), Verizon Communications (VZ), Advanced Micro Devices (AMD) and Netflix (NFLX).

QUALCOMM's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (4.92%), State Street Corp (4.20%), Bank of New York Mellon Corp (2.10%), Capital International Investors (1.44%), Geode Capital Management LLC (1.44%) and Loomis Sayles & Co. L P (1.41%). 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 Barrow Hanley Mewhinney & Strauss LLC, Capital International Investors, Jennison Associates LLC, Holowesko Partners Ltd., Capital World Investors, State Street Corp, FIL Ltd and AQR Capital Management LLC. Company insiders that have sold QUALCOMM company stock in the last year 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 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 Renaissance Technologies LLC, Janus Henderson Group PLC, Alliancebernstein L.P., FMR LLC, Fred Alger Management LLC, Assenagon Asset Management S.A., Rheos Capital Works Inc. and GQG Partners LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of QCOM stock can currently be purchased for approximately $75.94.

QUALCOMM has a market capitalization of $86.80 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.View Additional Information About QUALCOMM.

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]