QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
QQQ   324.08 (-0.57%)
AAPL   168.49 (-0.44%)
MSFT   287.02 (-0.74%)
META   177.49 (-0.48%)
GOOGL   118.84 (-0.72%)
AMZN   140.64 (-1.44%)
TSLA   859.89 (-2.62%)
NVDA   179.42 (-0.86%)
NIO   20.82 (+3.84%)
BABA   94.87 (+2.64%)
AMD   98.12 (-0.94%)
MU   62.32 (+1.50%)
T   18.04 (+0.17%)
CGC   3.15 (-4.26%)
GE   78.90 (+2.28%)
F   15.83 (+2.13%)
DIS   117.69 (+4.68%)
AMC   25.46 (+7.56%)
PYPL   99.11 (+0.20%)
PFE   48.29 (-3.32%)
NFLX   242.70 (-0.58%)
NASDAQ:QCOM

QUALCOMM - QCOM Stock Forecast, Price & News

$147.83
+0.84 (+0.57%)
(As of 08/11/2022 12:00 AM ET)
Add
Compare
Today's Range
$147.02
$151.64
50-Day Range
$120.09
$155.86
52-Week Range
$118.22
$193.58
Volume
6.23 million shs
Average Volume
10.51 million shs
Market Capitalization
$166.01 billion
P/E Ratio
13.09
Dividend Yield
2.04%
Price Target
$191.04

QUALCOMM MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
29.2% Upside
$191.04 Price Target
Short Interest
Healthy
1.39% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.89
Upright™ Environmental Score
News Sentiment
0.17mentions of QUALCOMM in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$207,852 Sold Last Quarter
Proj. Earnings Growth
4.93%
From $10.95 to $11.49 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.71 out of 5 stars

Computer And Technology Sector

2nd out of 658 stocks

Radio & T.V. Communications Equipment Industry

1st out of 25 stocks

QCOM stock logo

About QUALCOMM (NASDAQ:QCOM) Stock

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company 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,LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, and IoT, and investment for supporting the design and introduction of new products and services for voice and data communications, new industries, and applications. It also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM Incorporated was incorpotared in 1985 and is headquartered in San Diego, California.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Wells Fargo & Company decreased their target price on QUALCOMM from $150.00 to $135.00 and set an "equal weight" rating for the company in a research note on Monday, July 11th. StockNews.com lowered shares of QUALCOMM from a "strong-buy" rating to a "buy" rating in a research report on Thursday, July 28th. Mizuho increased their price target on shares of QUALCOMM from $168.00 to $175.00 and gave the company a "buy" rating in a report on Thursday, July 28th. Canaccord Genuity Group dropped their price objective on shares of QUALCOMM from $250.00 to $225.00 and set a "buy" rating on the stock in a report on Thursday, July 28th. Finally, KeyCorp increased their target price on shares of QUALCOMM from $200.00 to $220.00 in a research note on Monday, June 13th. Ten analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, QUALCOMM currently has a consensus rating of "Moderate Buy" and an average target price of $192.35.

QUALCOMM Stock Up 3.1 %

Shares of NASDAQ:QCOM opened at $146.99 on Thursday. QUALCOMM has a 12-month low of $118.22 and a 12-month high of $193.58. The firm's 50-day simple moving average is $137.42 and its 200 day simple moving average is $146.82. The company has a quick ratio of 1.15, a current ratio of 1.61 and a debt-to-equity ratio of 0.85. The company has a market cap of $165.07 billion, a price-to-earnings ratio of 13.02, a price-to-earnings-growth ratio of 0.87 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM - Get Rating) last announced its earnings results 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 company had revenue of $10.93 billion for the quarter, compared to analyst estimates of $10.85 billion. QUALCOMM had a net margin of 30.52% and a return on equity of 95.77%. QUALCOMM's quarterly revenue was up 36.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.66 earnings per share. On average, research analysts expect that QUALCOMM will post 10.95 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 22nd. Stockholders of record on Thursday, September 1st will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, August 31st. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.04%. QUALCOMM's payout ratio is currently 26.57%.

Insider Activity

In other news, CAO Erin L. Polek sold 1,521 shares of the firm's stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $129.95, for a total value of $197,653.95. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.05% of the stock is currently owned by insiders.

Receive QCOM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for QUALCOMM and its competitors with MarketBeat's FREE daily newsletter.

QCOM Stock News Headlines

Diversified onsemi Is Outperforming The Semiconductor Index  (QCOM)
onsemi is outperforming the semiconductor industry and will continue to do so as its refocusing strategy gains momentum and drives results.
Three (3) Undervalued Dividend-Paying Tech Stocks  (QCOM)
While Samsung’s results may not spark a major reversal in the chip industry they, and other signs within the market, suggest a bottom is in play and it’s one for dividend investors to take advantage of. The chip stocks are undervalued and pay safe, if not always large dividends.
Warning: Why your IRA could crash on September 21st
China will attack Taiwan as soon as September 21st, 2022. The stock market will crash at least 35% when China makes their move. Here are the 3 steps you can take to protect your retirement. pixel
Taiwan Semiconductor Rides Chip Demand To Record Revenue (QCOM)
taiwan semiconductor stock, earnings, price target
Top Research Reports for PepsiCo, QUALCOMM & HSBC
A Full Year Of Recommended Stock Picks Now 60% Off
Get Unlimited Access to Motley Fool Stock Advisor Join over 1 million investors, who like you, are on their investment journey with us. A library of expert stock recommendations are only a few clicks away. Join today and start potentially multiplying your net worth.
Why I Own Qualcomm Stock
AMD Earnings to Follow Intel and Qualcomm
QUALCOMM (NASDAQ:QCOM) Downgraded by DZ Bank
See More Headlines
Receive QCOM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for QUALCOMM and its competitors with MarketBeat's FREE daily newsletter.

QCOM Company Calendar

Ex-Dividend for 6/23 Dividend
6/01/2022
Dividend Payable
6/23/2022
Last Earnings
7/27/2022
Today
8/11/2022
Ex-Dividend for 9/22 Dividend
8/31/2022
Dividend Payable
9/22/2022
Fiscal Year End
9/30/2022
Next Earnings (Estimated)
11/02/2022

Industry, Sector and Symbol

Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Current Symbol
NASDAQ:QCOM
CUSIP
74752510
Employees
45,000
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$191.04
High Stock Price Forecast
$250.00
Low Stock Price Forecast
$135.00
Forecasted Upside/Downside
+29.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
24 Analysts

Profitability

Net Income
$9.04 billion
Pretax Margin
35.15%

Debt

Sales & Book Value

Annual Sales
$33.57 billion
Cash Flow
$9.37 per share
Book Value
$14.29 per share

Miscellaneous

Outstanding Shares
1,123,000,000
Free Float
1,122,439,000
Market Cap
$166.01 billion
Optionable
Optionable
Beta
1.22

Social Links















QCOM Stock - Frequently Asked Questions

Should I buy or sell QUALCOMM stock right now?

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

What is QUALCOMM's stock price forecast for 2022?

24 equities research analysts have issued twelve-month target prices for QUALCOMM's stock. Their QCOM share price forecasts range from $135.00 to $250.00. On average, they anticipate the company's share price to reach $191.04 in the next year. This suggests a possible upside of 27.8% from the stock's current price.
View analysts price targets for QCOM
or view top-rated stocks among Wall Street analysts.

How have QCOM shares performed in 2022?

QUALCOMM's stock was trading at $182.87 at the start of the year. Since then, QCOM shares have decreased by 18.3% and is now trading at $149.43.
View the best growth stocks for 2022 here
.

When is QUALCOMM's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our QCOM earnings forecast
.

How were QUALCOMM's earnings last quarter?

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

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

QUALCOMM announced a quarterly dividend on Friday, July 15th. Shareholders of record on Thursday, September 1st will be given 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 2.01%. The ex-dividend date is Wednesday, August 31st.
Read our dividend analysis for QCOM
.

Is QUALCOMM a good dividend stock?

QUALCOMM (NASDAQ:QCOM) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.11%. The company 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 is 26.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QCOM will have a dividend payout ratio of 26.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for QCOM.

How will QUALCOMM's stock buyback program work?

QUALCOMM announced that its Board of Directors has initiated a share buyback plan on Tuesday, October 12th 2021, which permits the company to repurchase $10,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 7.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its shares are undervalued.

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

QUALCOMM issued an update on its fourth quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $3.00-$3.30 for the period, compared to the consensus 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.

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

2,209 employees have rated QUALCOMM Chief Executive Officer Steve Mollenkopf on Glassdoor.com. Steve Mollenkopf has an approval rating of 87% among the company's employees.

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), Walt Disney (DIS), Alibaba Group (BABA), Verizon Communications (VZ) and Johnson & Johnson (JNJ).

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 a variety of institutional and retail investors. Top institutional shareholders include Loomis Sayles & Co. L P (0.66%), Swiss National Bank (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.36%), Los Angeles Capital Management LLC (0.30%), Van ECK Associates Corp (0.29%) and Pictet Asset Management SA (0.24%). Insiders that own company 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
.

How do I buy shares of 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.
Compare Top Brokerages Here.

What is QUALCOMM's stock price today?

One share of QCOM stock can currently be purchased for approximately $149.43.

How much money does QUALCOMM make?

QUALCOMM (NASDAQ:QCOM) has a market capitalization of $167.81 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.

How many employees does QUALCOMM have?

The company employs 45,000 workers across the globe.

Does QUALCOMM have any subsidiaries?

The following companies are subsidiares of QUALCOMM: AMD, Airgo Networks, Artemis IP, Atheros Communications, Augmented Pixels, Berkäna Wireless, Bigfoot Networks, Bitboys Oy, Black Sand Technologies, CSR, Capsule Tech, Clay AIR, DesignArt Networks, Digital Fountain, ELATA, Empowered Careers, Epos, Euvision Technologies, FatSkunk, Firethorn, Flarion Technologies, FleetAdvisor, HaloIPT, InnoPath Software, Iridigm Display Corporation, Now Software, NuVia Inc., Nuvia, Orb Networks, Pixtronix, QUALCOMM CDMA Technologies Asia-Pacific Pte. Ltd., Qualcomm Atheros, Qualcomm Technologies Inc., Qualcomm Technologies International Ltd., Qualphone, RF360 Europe GmbH, RF360 Holdings, RF360 Singapore Pte. Ltd., Rapid Bridge, Sandbridge Technologies, Scyfer, SnapTrack, SoftMax, Spike Technologies, Stonestreet One, Summit Microelectronics, Sylectus, Tapioca Mobile, TeleCIS Wireless, Trigenix, Twenty Billion Neorons, Ubicom, Ultra-Scan Corporation, Veoneer, Wikitude, Wilocity, Within Technology, Xiam, forextrading4p, iSkoot, kooaba, and nPhase.
Read More

When was QUALCOMM founded?

QUALCOMM was founded in 1985.

How can I contact QUALCOMM?

QUALCOMM's mailing address is 5775 MOREHOUSE DRIVE, SAN DIEGO CA, 92121. The official website for the company 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.

This page (NASDAQ:QCOM) was last updated on 8/11/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.