QUALCOMM - QCOM Stock Forecast, Price & News

24 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 10 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QUALCOMM stock.
View analyst ratings for QUALCOMM or view top-rated stocks.

24 analysts have issued twelve-month target prices for QUALCOMM's shares. Their QCOM stock forecasts range from $135.00 to $250.00. On average, they anticipate QUALCOMM's share price to reach $191.04 in the next year. This suggests a possible upside of 27.2% from the stock's current price.
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QUALCOMM's stock was trading at $182.87 on January 1st, 2022. Since then, QCOM stock has decreased by 17.9% and is now trading at $150.21.
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QUALCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our earnings forecast for QUALCOMM.

QUALCOMM Incorporated (NASDAQ:QCOM) posted its quarterly earnings data on Wednesday, July, 27th. The wireless technology company reported $2.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.52 by $0.44. The wireless technology company had revenue of $10.93 billion for the quarter, compared to the consensus estimate of $10.85 billion. QUALCOMM had a trailing twelve-month return on equity of 95.77% and a net margin of 30.52%. The firm's revenue for the quarter was up 36.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.66 EPS.
Read QUALCOMM's conference call transcript.

QUALCOMM announced a quarterly dividend on Friday, July 15th. Investors of record on Thursday, September 1st will be paid a dividend of $0.75 per share on Thursday, September 22nd. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date is Wednesday, August 31st.
View QUALCOMM's dividend history.

QUALCOMM(NASDAQ:QCOM) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.00%. QUALCOMM has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of QUALCOMM is 26.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QUALCOMM will have a dividend payout ratio of 26.11% next year. This indicates that QUALCOMM will be able to sustain or increase its dividend.
View QUALCOMM's dividend history.

QUALCOMM declared that its board has approved a share buyback plan on Tuesday, October 12th 2021, 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 7.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

QUALCOMM issued an update on its fourth quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $3.00-$3.30 for the period, compared to the consensus EPS estimate of $3.23. The company issued revenue guidance of $11.00 billion-$11.80 billion, compared to the consensus revenue estimate of $11.87 billion.

2,209 employees have rated QUALCOMM CEO Steve Mollenkopf on Glassdoor.com. Steve Mollenkopf has an approval rating of 87% among QUALCOMM's employees.

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), 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 institutional and retail investors. Top institutional shareholders include Loomis Sayles & Co. L P (0.66%), Sumitomo Mitsui Trust Holdings Inc. (0.36%), Los Angeles Capital Management LLC (0.30%), Van ECK Associates Corp (0.29%), CIBC Private Wealth Group LLC (0.20%) and Thornburg Investment Management Inc. (0.17%). Company insiders that own QUALCOMM stock include Akash J Palkhiwala, Alexander H Rogers, Alexander H Rogers, Brian Modoff, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, Erin L Polek, Erin L Polek, James H Thompson, Mark D Mclaughlin, Michelle M Sterling and Steven M Mollenkopf.
View institutional ownership trends for QUALCOMM.

Shares of QCOM stock 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.
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One share of QCOM stock can currently be purchased for approximately $150.21.

QUALCOMM (NASDAQ:QCOM) has a market capitalization of $168.69 billion and generates $33.57 billion in revenue each year. The wireless technology company earns $9.04 billion in net income (profit) each year or $11.29 on an earnings per share basis.

QUALCOMM employs 45,000 workers across the globe.

QUALCOMM was founded in 1985.

QUALCOMM's mailing address is 5775 MOREHOUSE DRIVE, SAN DIEGO CA, 92121. The official website for QUALCOMM is www.qualcomm.com. The wireless technology company can be reached via phone at (858) 587-1121, via email at ir@qualcomm.com, or via fax at 858-658-2100.