NASDAQ:QCOM

QUALCOMM Stock Forecast, Price & News

Followed 167 Times Most-Upgraded Stocks

$164.33

+1.91 (+1.18 %)

(As of 01/25/2021 02:34 PM ET)

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Today's Range

$161.72

Now: $164.33▼

$167.04

50-Day Range

$144.28

MA: $152.92▼

$164.75

52-Week Range

$58.00

Now: $164.33▼

$167.94

Volume205,759 shs

Average Volume6.77 million shs

Market Capitalization$185.86 billion

P/E Ratio36.28

Dividend Yield1.60%

Beta1.34

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies and products are used in mobile devices and other wireless products, including network equipment, broadband gateway equipment, consumer electronic devices, and other connected devices 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 3G/4G/5G 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, WCDMA, CDMA TDD, LTE, and/or 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including artificial intelligence, automotive, digital healthcare, enterprise, IoT, mobile and networking and investment for supporting the design and introduction of new products and services for voice and data communications, and new industry segments. The company also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.

MarketRank^™

Overall MarketRank^™

2.29 out of 5 stars

Computer And Technology Sector

15th out of 1,509 stocks

Radio & T.V. Communications Equipment Industry

1st out of 52 stocks

2.3 Analyst's Opinion

Consensus Rating
QUALCOMM has received a consensus rating of Buy. The company's average rating score is 2.68, and is based on 20 buy ratings, 9 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $152.44, QUALCOMM has a forecasted downside of 7.4% from its current price of $164.68.
Amount of Analyst Coverage
QUALCOMM has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.3 Community Rank

Outperform Votes
QUALCOMM has received 2,090 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
QUALCOMM has received 1,060 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
QUALCOMM has received 66.35% “outperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Yield
QUALCOMM pays a meaningful dividend of 1.60%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
QUALCOMM has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of QUALCOMM is 77.84%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, QUALCOMM will have a dividend payout ratio of 32.46% next year. This indicates that QUALCOMM will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, QUALCOMM insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,502,275.00 in company stock.
Percentage Held by Insiders
Only 0.12% of the stock of QUALCOMM is held by insiders.
Percentage Held by Institutions
74.76% of the stock of QUALCOMM is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for QUALCOMM are expected to grow by 26.54% in the coming year, from $6.33 to $8.01 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of QUALCOMM is 36.35, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of QUALCOMM is 36.35, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 86.69.
Price to Earnings Growth Ratio
QUALCOMM has a PEG Ratio of 1.27. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
QUALCOMM has a P/B Ratio of 30.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Radio & t.v. communications equipment

Sub-IndustryCommunications Equipment

SectorComputer and Technology

Current SymbolNASDAQ:QCOM

Previous Symbol

CUSIP74752510

CIK804328

Webwww.qualcomm.com

Phone858-587-1121

Employees41,000

Year FoundedN/A

Debt

Debt-to-Equity Ratio2.51

Current Ratio2.14

Quick Ratio1.84

Price-To-Earnings

Trailing P/E Ratio36.28

Forward P/E Ratio25.96

P/E Growth1.27

Sales & Book Value

Annual Sales$23.53 billion

Price / Sales7.90

Cash Flow$4.84 per share

Price / Cash Flow33.93

Book Value$5.39 per share

Price / Book30.49

Profitability

EPS (Most Recent Fiscal Year)$3.34

Net Income$5.20 billion

Net Margins22.09%

Return on Equity90.74%

Return on Assets11.56%

Miscellaneous

Outstanding Shares1,131,000,000

Market Cap$185.86 billion

Next Earnings Date2/3/2021 (Confirmed)

OptionableOptionable

$164.33

+1.91 (+1.18 %)

(As of 01/25/2021 02:34 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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QUALCOMM (NASDAQ:QCOM) Frequently Asked Questions

How has QUALCOMM's stock price been impacted by Coronavirus (COVID-19)?

QUALCOMM's stock was trading at $74.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, QCOM shares have increased by 119.2% and is now trading at $163.48.
View which stocks have been most impacted by COVID-19.

Is QUALCOMM a buy right now?

31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 1 sell rating, 9 hold ratings, 20 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" QUALCOMM stock.
View analyst ratings for QUALCOMM or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than QUALCOMM?

Wall Street analysts have given QUALCOMM a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but QUALCOMM wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Steve Mollenkopf's approval rating as QUALCOMM's CEO?

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

When is QUALCOMM's next earnings date?

QUALCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for QUALCOMM.

How can I listen to QUALCOMM's earnings call?

QUALCOMM will be holding an earnings conference call on Wednesday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were QUALCOMM's earnings last quarter?

QUALCOMM Incorporated (NASDAQ:QCOM) issued its quarterly earnings data on Wednesday, November, 4th. The wireless technology company reported $1.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.17 by $0.28. The wireless technology company earned $6.50 billion during the quarter, compared to analysts' expectations of $5.94 billion. QUALCOMM had a net margin of 22.09% and a trailing twelve-month return on equity of 90.74%. The firm's revenue was up 35.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.78 EPS.
View QUALCOMM's earnings history.

How often does QUALCOMM pay dividends? What is the dividend yield for QUALCOMM?

QUALCOMM declared a quarterly dividend on Wednesday, January 20th. Shareholders of record on Thursday, March 4th will be paid a dividend of $0.65 per share on Thursday, March 25th. This represents a $2.60 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Wednesday, March 3rd.
View QUALCOMM's dividend history.

Is QUALCOMM a good dividend stock?

QUALCOMM pays an annual dividend of $2.60 per share and currently has a dividend yield of 1.60%. QUALCOMM does not yet have a strock track record of dividend growth. The dividend payout ratio of QUALCOMM is 77.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, QUALCOMM will have a dividend payout ratio of 32.46% next year. This indicates that QUALCOMM will be able to sustain or increase its dividend.
View QUALCOMM's dividend history.

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

QUALCOMM issued an update on its first quarter earnings guidance on Wednesday, November, 4th. The company provided EPS guidance of $1.95-2.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.68. The company issued revenue guidance of $7.8-8.6 billion, compared to the consensus revenue estimate of $7.16 billion.

What price target have analysts set for QCOM?

31 brokerages have issued twelve-month price targets for QUALCOMM's shares. Their forecasts range from $61.00 to $200.00. On average, they anticipate QUALCOMM's stock price to reach $152.44 in the next year. This suggests that the stock has a possible downside of 6.8%.
View analysts' price targets for QUALCOMM or view Wall Street analyst' top-rated stocks.

Are investors shorting QUALCOMM?

QUALCOMM saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 17,090,000 shares, an increase of 26.7% from the December 15th total of 13,490,000 shares. Based on an average trading volume of 8,230,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.5% of the company's shares are short sold.
View QUALCOMM's Short Interest.

Who are some of QUALCOMM's key competitors?

Some companies that are related to QUALCOMM include Cisco Systems (CSCO), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Viasat (VSAT), EchoStar (SATS), Calix (CALX), InterDigital (IDCC), Infinera (INFN), Plantronics (PLT), NETGEAR (NTGR), Ribbon Communications (RBBN) and Extreme Networks (EXTR).
View all of QCOM's 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 NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), AT&T (T), Micron Technology (MU), Advanced Micro Devices (AMD), The Walt Disney (DIS), Alibaba Group (BABA), Verizon Communications (VZ) and Johnson & Johnson (JNJ).

Who are QUALCOMM's key executives?

QUALCOMM's management team includes the following people:

Mr. Steven M. Mollenkopf, CEO & Director (Age 52, Pay $1.46M)
Mr. Cristiano Renno Amon, Pres (Age 51, Pay $1.22M)
Mr. Akash Palkhiwala, Exec. VP & CFO (Age 46, Pay $1.12M)
Dr. James H. Thompson, Chief Technology Officer (Age 57, Pay $1.02M)
Mr. Alexander H. Rogers, Exec. VP & Pres of Qualcomm Technology Licensing (Age 64, Pay $814k)
Mr. David E. Wise, Sr. VP & Treasurer
Mr. Franklin P. Antonio, Co-Founder & Chief Scientist
Ms. Erin L. Polek, Sr. VP, Corp. Controller & Chief Accounting Officer (Age 47)
Ms. Mary A. Gendron, Sr. VP & Chief Information Officer (Age 55)
Mauricio Lopez-Hodoyan, VP of Investor Relations

What is QUALCOMM's stock symbol?

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

Who are QUALCOMM's major shareholders?

QUALCOMM's stock is owned by many different retail and institutional investors. Top institutional investors include New York State Teachers Retirement System (0.14%), Douglas Lane & Associates LLC (0.12%), Candriam Luxembourg S.C.A. (0.06%), State of Alaska Department of Revenue (0.06%), Strs Ohio (0.05%) and Private Asset Management Inc. (0.04%). 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, Michelle M Sterling and Steven M Mollenkopf.
View institutional ownership trends for QUALCOMM.

Which institutional investors are selling QUALCOMM stock?

QCOM stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Strs Ohio, Crossmark Global Holdings Inc., Douglas Lane & Associates LLC, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Pacer Advisors Inc., and Avantax Advisory Services Inc.. 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 Steven M Mollenkopf.
View insider buying and selling activity for QUALCOMM or view top insider-selling stocks.

Which institutional investors are buying QUALCOMM stock?

QCOM stock was bought by a variety of institutional investors in the last quarter, including Waverton Investment Management Ltd, Cadinha & Co. LLC, Candriam Luxembourg S.C.A., Louisiana State Employees Retirement System, Brookstone Capital Management, Oak Harvest Investment Services, IFM Investors Pty Ltd, and Busey Wealth Management.
View insider buying and selling activity for QUALCOMM or or view top insider-buying stocks.

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 WeBull, 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 $163.48.

How big of a company is QUALCOMM?

QUALCOMM has a market capitalization of $184.90 billion and generates $23.53 billion in revenue each year. The wireless technology company earns $5.20 billion in net income (profit) each year or $3.34 on an earnings per share basis. QUALCOMM employs 41,000 workers across the globe.

What is QUALCOMM's official website?

The official website for QUALCOMM is 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]

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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