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.
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Industry, Sector and Symbol
Industry N/A
Sub-IndustryCommunications Equipment
SectorN/A
WebN/A
PhoneN/A
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees37,000
Next Earnings Date5/6/2020 (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 announced a quarterly dividend on Friday, January 17th. Shareholders of record on Thursday, March 5th will be given a dividend of $0.62 per share on Thursday, March 26th. This represents a $2.48 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Wednesday, March 4th. View QUALCOMM's Dividend History.
How will QUALCOMM's stock buyback program work?
QUALCOMM announced that its Board of Directors has approved a share buyback program on Thursday, July 26th 2018, which permits the company to buyback $30,000,000,000.00 in 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 programs are usually a sign that the company's board of directors believes its shares are undervalued.
How were QUALCOMM's earnings last quarter?
QUALCOMM, Inc. (NASDAQ:QCOM) released its earnings results on Wednesday, February, 5th. The wireless technology company reported $0.99 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.85 by $0.14. The wireless technology company had revenue of $5.08 billion for the quarter, compared to the consensus estimate of $4.86 billion. The business's revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.20 earnings per share. View QUALCOMM's Earnings History.
When is QUALCOMM's next earnings date?
What guidance has QUALCOMM issued on next quarter's earnings?
QUALCOMM issued an update on its second quarter earnings guidance on Wednesday, February, 5th. The company provided earnings per share guidance of 0.80-0.95 for the period, compared to the Thomson Reuters consensus estimate of $0.85. The company issued revenue guidance of $4.9-5.7 billion, compared to the consensus revenue estimate of $5.07 billion.
What price target have analysts set for QCOM?
24 brokerages have issued 1 year target prices for QUALCOMM's stock. Their forecasts range from $60.00 to $115.00. On average, they expect QUALCOMM's share price to reach $94.38 in the next year. This suggests a possible upside of 5.3% from the stock's current price. View Analyst Price Targets for QUALCOMM.
What is the consensus analysts' recommendation for QUALCOMM?
24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 1 sell rating, 7 hold ratings, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." 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?
News articles about QCOM stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of press 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 coverage optimism score of 1.8 on InfoTrie's scale. They also gave news articles about the wireless technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for QUALCOMM.
Are investors shorting QUALCOMM?
QUALCOMM saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 13,930,000 shares, a decline of 18.3% from the January 15th total of 17,060,000 shares. Based on an average trading volume of 9,445,200 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.2% of the company's stock are sold short. View QUALCOMM's Current Options Chain.
Who are some of QUALCOMM's key competitors?
Some companies that are related to QUALCOMM include Finisar (FNSR), Aviat Networks (AVNW), Aware (AWRE), ADTRAN (ADTN), Bel Fuse (BELFB), CalAmp (CAMP), Calix (CALX), Ciena (CIEN), Cisco Systems (CSCO), Comtech Telecomm. (CMTL), Digi International (DGII), Echostar (SATS), Extreme Networks (EXTR), F5 Networks (FFIV) and Harmonic (HLIT).
What other stocks do shareholders of QUALCOMM own?
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 many different of retail and institutional investors. Top institutional shareholders include FMR LLC (4.92%), State Street Corp (4.20%), Bank of New York Mellon Corp (2.10%), Loomis Sayles & Co. L P (1.41%), Jennison Associates LLC (1.04%) and Charles Schwab Investment Management Inc. (0.85%). 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 and Michelle M Sterling. 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 Barrow Hanley Mewhinney & Strauss LLC, Jennison Associates LLC, Holowesko Partners Ltd., State Street Corp, FIL Ltd, AQR Capital Management LLC, Loomis Sayles & Co. L P and Jacobs Levy Equity Management Inc.. Company insiders that have sold QUALCOMM company stock in the last year 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 and Michelle M Sterling. View Insider Buying and Selling for QUALCOMM.
Which institutional investors are buying QUALCOMM stock?
QCOM stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, FMR LLC, Fred Alger Management LLC, Assenagon Asset Management S.A., Rheos Capital Works Inc., GQG Partners LLC, Johanson Financial Advisors Inc. and Los Angeles Capital Management & Equity Research Inc.. 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 $89.60.
MarketBeat Community Rating for QUALCOMM (NASDAQ QCOM)
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.
