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QUALCOMM Stock Price, News & Analysis (NASDAQ:QCOM)

$78.47
-0.51 (-0.65 %)
(As of 10/23/2019 09:23 AM ET)
Today's Range
$78.24
Now: $78.47
$79.07
50-Day Range
$73.82
MA: $77.28
$79.34
52-Week Range
$49.10
Now: $78.47
$90.34
Volume4.20 million shs
Average Volume6.01 million shs
Market Capitalization$95.39 billion
P/E Ratio24.60
Dividend Yield3.14%
Beta1.59
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. Read More…

Industry, Sector and Symbol

Industry Radio & t.v. communications equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Current SymbolNASDAQ:QCOM
CUSIP74752510
Phone858-587-1121

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$22.73 billion
Cash Flow$4.42 per share
Book Value$0.63 per share

Profitability

Net Income$-4,864,000,000.00

Miscellaneous

Employees35,400
Outstanding Shares1,215,660,000
Market Cap$95.39 billion
Next Earnings Date11/6/2019 (Confirmed)
OptionableOptionable

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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 Tuesday, October 15th. Investors of record on Thursday, December 5th will be paid a dividend of $0.62 per share on Thursday, December 19th. This represents a $2.48 annualized dividend and a yield of 3.16%. The ex-dividend date of this dividend is Wednesday, December 4th. View QUALCOMM's Dividend History.

How will QUALCOMM's stock buyback program work?

QUALCOMM announced that its board has approved a stock repurchase plan on Thursday, July 26th 2018, which authorizes the company to repurchase $30,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 34.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.

How were QUALCOMM's earnings last quarter?

QUALCOMM, Inc. (NASDAQ:QCOM) issued its quarterly earnings results on Wednesday, July, 31st. The wireless technology company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. The wireless technology company had revenue of $4.89 billion for the quarter, compared to analyst estimates of $5.12 billion. QUALCOMM had a net margin of 13.41% and a return on equity of 112.21%. QUALCOMM's revenue for the quarter was down 12.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.01 earnings per share. View QUALCOMM's Earnings History.

When is QUALCOMM's next earnings date?

QUALCOMM is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for QUALCOMM.

How can I listen to QUALCOMM's earnings call?

QUALCOMM will be holding an earnings conference call on Wednesday, November 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What guidance has QUALCOMM issued on next quarter's earnings?

QUALCOMM issued an update on its fourth quarter earnings guidance on Wednesday, July, 31st. The company provided earnings per share guidance of $0.65-0.75 for the period, compared to the Thomson Reuters consensus estimate of $1.10. The company issued revenue guidance of $4.3-5.1 billion, compared to the consensus revenue estimate of $5.71 billion.

What price target have analysts set for QCOM?

25 brokerages have issued 12 month price targets for QUALCOMM's stock. Their forecasts range from $55.00 to $115.00. On average, they anticipate QUALCOMM's stock price to reach $80.62 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View Analyst Price Targets for QUALCOMM.

What is the consensus analysts' recommendation for QUALCOMM?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 2 sell ratings, 10 hold ratings, 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for QUALCOMM.

What are Wall Street analysts saying about QUALCOMM stock?

Here are some recent quotes from research analysts about QUALCOMM stock:
  • 1. Mizuho analysts commented, "We believe that the growth trajectory and total potential market opportunity of the Pluralsight story warrants a premium multiple. As such, we are reiterating our OUTPERFORM investment rating and $40 price target." (8/1/2019)
  • 2. According to Zacks Investment Research, "Qualcomm reported solid second-quarter fiscal 2019 results with the top and bottom line beating the respective Zacks Consensus Estimate, driven by strength in both the operating segments owing to strong product leadership and operating expense management. The company is likely to benefit significantly from the settlement with Apple. Qualcomm also expects improving business conditions in the second half of fiscal 2019 on the back of new product launches as it aims to redefine the computing and mobile ecosystem across the globe. The stock has outperformed the industry in the past year on average. However, aggressive competition in the mobile phone chipset market is likely to hurt Qualcomm’s profitability. Although the global smartphone market is expected to maintain its momentum over the next three to four years, major portion of this growth is likely to come from the low-cost emerging markets, which may further exert pressure on its margins." (5/6/2019)
  • 3. Rosenblatt Securities analysts commented, "We think Qualcomm will continue to see weakness from the Android market in the second half of this year due to our belief that there will be an inventory correction in the Android market in late C3Q and C4Q. However, we see several catalysts for QCOM in 2H19 as many Chinese OEMs plan to launch their 5G smartphones in China in late C3Q (albeit at small volumes). In addition, we believe Apple (AAPL: Neutral) will begin to use Qualcomm modems again starting in the second half of this year. We maintain our Buy rating and $84 price target. We believe Chinese OEMs, as well as Samsung (SSNLF: NR), will become more aggressive when launching their 5G smartphones in mid-2020. We see Apple launching their regional 5G iPhone in the second half of 2020." (5/2/2019)

Has QUALCOMM been receiving favorable news coverage?

Headlines about QCOM stock have trended negative on Wednesday, InfoTrie Sentiment reports. The research group identifies positive and negative media 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 -5 to 5, with scores nearest to five being the most favorable. QUALCOMM earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned headlines about the wireless technology company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for QUALCOMM.

Are investors shorting QUALCOMM?

QUALCOMM saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 17,960,000 shares, a drop of 8.7% from the August 30th total of 19,670,000 shares. Based on an average trading volume of 9,170,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.5% of the company's stock are short sold. View QUALCOMM's Current Options Chain.

Who are some of QUALCOMM's key competitors?

What other stocks do shareholders of QUALCOMM own?

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

Who are QUALCOMM's key executives?

QUALCOMM's management team includes the folowing people:
  • Mr. Steven M. Mollenkopf, CEO & Director (Age 50)
  • Mr. Cristiano Renno Amon, Pres (Age 49)
  • Dr. James H. Thompson, Chief Technology Officer (Age 55)
  • Mr. Donald J. Rosenberg, Exec. VP, Gen. Counsel & Corp. Sec. (Age 68)
  • Mr. Franklin P. Antonio, Co-Founder & Chief Scientist

Who are QUALCOMM's major shareholders?

QUALCOMM's stock is owned by a variety of of institutional and retail investors. Top institutional investors include CIBC Private Wealth Group LLC (0.24%), Douglas Lane & Associates LLC (0.13%), Strs Ohio (0.07%), Hamlin Capital Management LLC (0.07%), Envestnet Asset Management Inc. (0.06%) and Cambiar Investors LLC (0.05%). Company insiders that own QUALCOMM stock include 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, Matthew S Grob and Michelle M Sterling. 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 Assenagon Asset Management S.A., Artemis Investment Management LLP, Factory Mutual Insurance Co., Robecosam AG, Zurcher Kantonalbank Zurich Cantonalbank, Clear Street Markets LLC, State of Alaska Department of Revenue and Hamlin Capital Management LLC. Company insiders that have sold QUALCOMM company stock in the last year include Alexander H Rogers, Brian Modoff, Clark T Jr Randt, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, Inc/De Qualcomm, James H Thompson and Michelle M Sterling. View Insider Buying and Selling for QUALCOMM.

Which major investors are buying QUALCOMM stock?

QCOM stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, 6 Meridian, Atalanta Sosnoff Capital LLC, Robeco Institutional Asset Management B.V., Oakbrook Investments LLC, Pacer Advisors Inc., Regent Investment Management LLC and Calamos Advisors LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is QUALCOMM's stock price today?

One share of QCOM stock can currently be purchased for approximately $78.47.

How big of a company is QUALCOMM?

QUALCOMM has a market capitalization of $95.39 billion and generates $22.73 billion in revenue each year. The wireless technology company earns $-4,864,000,000.00 in net income (profit) each year or $3.19 on an earnings per share basis. QUALCOMM employs 35,400 workers across the globe.View Additional Information About QUALCOMM.

What is QUALCOMM's official website?

The official website for QUALCOMM is http://www.qualcomm.com/.

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)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  1,948 (Vote Outperform)
Underperform Votes:  991 (Vote Underperform)
Total Votes:  2,939
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.
This page was last updated on 10/23/2019 by MarketBeat.com Staff

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