NASDAQ:QCOM - QUALCOMM Stock Price, News, & Analysis

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$56.97 +0.14 (+0.25 %)
(As of 03/20/2019 03:00 AM ET)
Previous Close$56.83
Today's Range$56.7750 - $57.68
52-Week Range$48.56 - $76.50
Volume8.04 million shs
Average Volume14.95 million shs
Market Capitalization$68.95 billion
P/E Ratio17.86
Dividend Yield4.36%
Beta1.21
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, long term evolution, and/or fifth generation 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.

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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$4.4753 per share
Book Value$0.63 per share

Profitability

Net Income$-4,864,000,000.00

Miscellaneous

Employees35,400
Outstanding Shares1,210,306,000
Market Cap$68.95 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Monday, January 14th. Stockholders of record on Thursday, March 7th will be paid a dividend of $0.62 per share on Thursday, March 28th. This represents a $2.48 annualized dividend and a dividend yield of 4.35%. The ex-dividend date of this dividend is Wednesday, March 6th. View QUALCOMM's Dividend History.

How will QUALCOMM's stock buyback program work?

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

How were QUALCOMM's earnings last quarter?

QUALCOMM, Inc. (NASDAQ:QCOM) posted its earnings results on Wednesday, January, 30th. The wireless technology company reported $1.20 EPS for the quarter, topping the Zacks' consensus estimate of $1.09 by $0.11. The wireless technology company earned $4.80 billion during the quarter, compared to analysts' expectations of $4.89 billion. QUALCOMM had a net margin of 10.03% and a return on equity of 36.66%. The firm's revenue for the quarter was down 21.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.98 EPS. View QUALCOMM's Earnings History.

When is QUALCOMM's next earnings date?

QUALCOMM is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 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, May 1st at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link.

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

QUALCOMM issued an update on its second quarter earnings guidance on Wednesday, January, 30th. The company provided earnings per share guidance of $0.65-$0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.69. The company issued revenue guidance of $4.4-$5.2 billion, compared to the consensus revenue estimate of $4.80 billion.QUALCOMM also updated its Q2 2019 guidance to $0.65-0.75 EPS.

What price target have analysts set for QCOM?

21 Wall Street analysts have issued twelve-month target prices for QUALCOMM's shares. Their predictions range from $55.00 to $84.00. On average, they anticipate QUALCOMM's stock price to reach $67.0556 in the next year. This suggests a possible upside of 17.7% from the stock's current price. View Analyst Price Targets 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 9 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for QUALCOMM.

Has QUALCOMM been receiving favorable news coverage?

News articles about QCOM stock have been trending negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. QUALCOMM earned a news impact score of -2.0 on InfoTrie's scale. They also gave media stories about the wireless technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.

Are investors shorting QUALCOMM?

QUALCOMM saw a drop in short interest in February. As of February 28th, there was short interest totalling 35,040,694 shares, a drop of 5.6% from the February 15th total of 37,103,907 shares. Based on an average daily trading volume, of 12,302,461 shares, the days-to-cover ratio is presently 2.8 days. Currently, 2.9% of the company's shares 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), Micron Technology (MU), Cisco Systems (CSCO), NVIDIA (NVDA), AT&T (T), General Electric (GE), Gilead Sciences (GILD), Bank of America (BAC), Alibaba Group (BABA) and Netflix (NFLX).

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)
  • Mr. George S. Davis, CFO & Exec. VP (Age 61)
  • Dr. James H. Thompson, Chief Technology Officer (Age 55)
  • Mr. Donald J. Rosenberg, Exec. VP, Gen. Counsel & Corp. Sec. (Age 68)

Who are QUALCOMM's major shareholders?

QUALCOMM's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.99%), FMR LLC (3.48%), Oregon Public Employees Retirement Fund (2.78%), Bank of New York Mellon Corp (2.14%), Barrow Hanley Mewhinney & Strauss LLC (1.67%) and Northern Trust Corp (1.31%). Company insiders that own QUALCOMM stock include Alexander H Rogers, Ann M Livermore, Cristiano R Amon, Derek K Aberle, Donald J Rosenberg, James H Thompson, 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 BlackRock Inc., Coatue Management LLC, Two Sigma Advisers LP, Bessemer Group Inc., Parnassus Investments CA, Dimensional Fund Advisors LP, Northern Trust Corp and FMR LLC. Company insiders that have sold QUALCOMM company stock in the last year include Alexander H Rogers, Cristiano R Amon, Donald J Rosenberg and James H Thompson. 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 Oregon Public Employees Retirement Fund, Norges Bank, Bank of New York Mellon Corp, Levin Capital Strategies L.P., Eaton Vance Management, Korea Investment CORP, KBC Group NV and Worldquant Millennium Quantitative Strategies 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, Scottrade, Fidelity and Charles Schwab.

What is QUALCOMM's stock price today?

One share of QCOM stock can currently be purchased for approximately $56.97.

How big of a company is QUALCOMM?

QUALCOMM has a market capitalization of $68.95 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.

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:  1,862 (Vote Outperform)
Underperform Votes:  930 (Vote Underperform)
Total Votes:  2,792
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 3/20/2019 by MarketBeat.com Staff

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