QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, wideband CDMA, CDMA time division duplex, and/or long term evolution standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including automotive, Internet of things, mobile, data center, and healthcare for supporting the design and introduction of new products and services for voice and data communications, and new industry segments. The company also provides products and services for mobile health; products designed for the implementation of small cells; development, and other services and related products to the United States government agencies and their contractors; and software products, and content and push-to-talk enablement services to wireless operators. In addition, it licenses chipset technology, and products and services for use in data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:QCOM
CUSIP74752510
Phone858-587-1121
Debt
Debt-to-Equity Ratio0.81
Current Ratio3.60
Quick Ratio3.46
Price-To-Earnings
Trailing P/E Ratio15.51
Forward P/E Ratio21.63
P/E Growth1.91
Sales & Book Value
Annual Sales$22.29 billion
Price / Sales3.90
Cash Flow$4.7457 per share
Price / Cash12.35
Book Value$20.81 per share
Price / Book2.82
Profitability
EPS (Most Recent Fiscal Year)$3.78
Net Income$2.47 billion
Net Margins-20.16%
Return on Equity16.48%
Return on Assets7.00%
Miscellaneous
Employees33,800
Outstanding Shares1,482,860,000
Market Cap$87,948.28
QUALCOMM (NASDAQ:QCOM) Frequently Asked Questions
What is QUALCOMM's stock symbol?
QUALCOMM trades on the NASDAQ under the ticker symbol "QCOM."
How often does QUALCOMM pay dividends? What is the dividend yield for QUALCOMM?
QUALCOMM announced a quarterly dividend on Thursday, July 12th. Shareholders of record on Wednesday, September 5th will be given a dividend of $0.62 per share on Wednesday, September 26th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date of this dividend is Tuesday, September 4th. View QUALCOMM's Dividend History.
How will QUALCOMM's stock buyback program work?
QUALCOMM declared that its Board of Directors has authorized a stock buyback plan on Wednesday, May 9th 2018, which permits the company to buyback $10,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 12.7% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.
How were QUALCOMM's earnings last quarter?
QUALCOMM, Inc. (NASDAQ:QCOM) announced its quarterly earnings data on Wednesday, April, 25th. The wireless technology company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.10. The wireless technology company had revenue of $5.20 billion for the quarter, compared to the consensus estimate of $5.21 billion. QUALCOMM had a negative net margin of 20.16% and a positive return on equity of 16.48%. The firm's revenue was down 13.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.34 earnings per share. View QUALCOMM's Earnings History.
When is QUALCOMM's next earnings date?
What guidance has QUALCOMM issued on next quarter's earnings?
QUALCOMM updated its third quarter earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus estimate of $0.77. The company issued revenue guidance of $4.8-5.6 billion, compared to the consensus revenue estimate of $5.28 billion.
What price target have analysts set for QCOM?
21 analysts have issued twelve-month target prices for QUALCOMM's shares. Their forecasts range from $53.00 to $75.00. On average, they expect QUALCOMM's share price to reach $63.4375 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Ratings for QUALCOMM.
What is the consensus analysts' recommendation 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, 12 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
What are Wall Street analysts saying about QUALCOMM stock?
Here are some recent quotes from research analysts about QUALCOMM stock:
- 1. According to Zacks Investment Research, "Regulatory disputes and aggressive competition in the mobile phone chipset market continue to hurt Qualcomm. The company recorded significant decline in licensing fees in second-quarter fiscal 2018 due to the ongoing dispute with Apple and other contract manufacturers. Headwinds from weaker industry conditions have further dented margins. A major part of the growth in the smartphone market in the future is likely to come from the low-cost emerging markets, which will exert additional pressure on its profitability. Moreover, Qualcomm's proposed acquisition of NXP Semiconductors is still awaiting regulatory approvals from the Chinese authorities, negating most of the positives related to the deal. The stock underperformed the industry in the past six months. However, Qualcomm has been trying to retain its leadership in 5G, chipset market and mobile connectivity with multiple technological achievements and launches." (4/30/2018)
- 2. Royal Bank of Canada analysts commented, "Take Two reported F2Q18 earnings handily beating Street. Not only did GTA continue strong into the quarter (now expecting FY18 GTA growth), newly released NBA 2K saw better sales, better engagement, and better monetization than the prior year. With recurrent comprising 42% of net sales, TTWO’s model is seeing good leverage with (NG) operating margins of 33%. Management offered updated FY guidance including taking net cash generation up to approximately $300M (from $200M)— for a year without a major non-sport release. This performance is driven by high player engagement with the company’s premium content. With annual earnings volatility decreasing, a growing mobile business, ability to leverage secular tailwinds, and an upcoming mega-year, we are very comfortable reiterating our Outperform rating and $112 PT." (11/8/2017)
- 3. BMO Capital Markets analysts commented, "With Model 3 runrate target of 5k/week pushed out a quarter, we continue to believe GM is the key metric to track on shares. We believe TSLA is fundamentally a technology company and a vertically integrated manufacturer. We believe return on capital is tied directly to TSLA’s ability to manufacture cost-effectively while maintaining ASP. With 4Q17 GM guided lower Q/Q on slower than expected Model 3 ramp, we believe TSLA has a challenging road ahead to reach projected runrates and margins given recent price declines and complexity of automation in the Model 3 manufacturing process. We expect bulls to focus on ADAS progress and look toward 1Q18 production, the benchmark for Model 3." (11/2/2017)
Are investors shorting QUALCOMM?
QUALCOMM saw a decline in short interest in the month of June. As of June 29th, there was short interest totalling 17,567,026 shares, a decline of 16.0% from the June 15th total of 20,919,730 shares. Based on an average trading volume of 8,838,491 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.2% of the company's stock are sold short. View QUALCOMM's Current Options Chain.
Who are some of QUALCOMM's key competitors?
Some companies that are related to QUALCOMM include NTT Docomo (DCM), NTT Docomo (DCMYY), Nokia Oyj (NOK), Telefonaktiebolaget LM Ericsson (ERIC), Motorola Solutions (MSI), L3 Technologies (LLL), Ubiquiti Networks (UBNT), Commscope (COMM), ARRIS International (ARRS), Echostar (SATS), ViaSat (VSAT), Maxar Technologies (MAXR), Mitel Networks (MITL), Casa Systems (CASA) and Loral Space & Communications Ltd. (LORL).
Who are QUALCOMM's key executives?
QUALCOMM's management team includes the folowing people:
- Mr. Steven M. Mollenkopf, CEO & Director (Age 49)
- Mr. Cristiano Renno Amon, Pres (Age 48)
- Mr. George S. Davis, CFO & Exec. VP (Age 60)
- Dr. James H. Thompson, Chief Technology Officer (Age 54)
- Mr. Franklin P. Antonio, Co-Founder & Chief Scientist
Has QUALCOMM been receiving favorable news coverage?
Headlines about QCOM stock have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. QUALCOMM earned a daily sentiment score of 0.13 on Accern's scale. They also assigned news articles about the wireless technology company an impact score of 45.37 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are QUALCOMM's major shareholders?
QUALCOMM's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.11%), Retirement Systems of Alabama (0.11%), Factory Mutual Insurance Co. (0.10%), Hamlin Capital Management LLC (0.10%), Miller Howard Investments Inc. NY (0.08%) and NN Investment Partners Holdings N.V. (0.06%). 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, Michelle M Sterling, Raymond V Dittamore and Stiles Barbara Alexander. View Institutional Ownership Trends for QUALCOMM.
Which major investors are selling QUALCOMM stock?
QCOM stock was sold by a variety of institutional investors in the last quarter, including Sabal Trust CO, Hartford Investment Management Co., Calamos Advisors LLC, Biechele Royce Advisors, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Miller Howard Investments Inc. NY, Osborne Partners Capital Management LLC and Pennsylvania Trust Co. 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.
Which major investors are buying QUALCOMM stock?
QCOM stock was purchased by a variety of institutional investors in the last quarter, including Factory Mutual Insurance Co., Cornerstone Wealth Management LLC, Hamlin Capital Management LLC, Howard Capital Management Inc., DnB Asset Management AS, Capital Investment Advisors LLC, Whittier Trust Co. and Accurate Investment Solutions Inc.. 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.
How do I buy shares of 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.
What is QUALCOMM's stock price today?
One share of QCOM stock can currently be purchased for approximately $58.61.
How big of a company is QUALCOMM?
QUALCOMM has a market capitalization of $87.95 billion and generates $22.29 billion in revenue each year. The wireless technology company earns $2.47 billion in net income (profit) each year or $3.78 on an earnings per share basis. QUALCOMM employs 33,800 workers across the globe.
How can I contact QUALCOMM?
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]
MarketBeat Community Rating for QUALCOMM (NASDAQ QCOM)
MarketBeat's community ratings are surveys of what our community members think about QUALCOMM and other stocks. Vote "Outperform" if you believe QCOM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QCOM will underperform the S&P 500 over the long term. You may vote once every thirty days.
