QUALCOMM Stock Forecast, Price & News

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last twelve months. There are currently 9 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" QUALCOMM stock.
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23 Wall Street research analysts have issued 12-month price targets for QUALCOMM's stock. Their QCOM stock forecasts range from $137.00 to $250.00. On average, they anticipate QUALCOMM's stock price to reach $195.29 in the next year. This suggests a possible upside of 58.1% from the stock's current price.
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QUALCOMM's stock was trading at $182.87 at the beginning of the year. Since then, QCOM shares have decreased by 32.4% and is now trading at $123.53.
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QUALCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
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QUALCOMM will be holding an earnings conference call on Wednesday, July 27th at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link.

QUALCOMM Incorporated (NASDAQ:QCOM) posted its earnings results on Wednesday, April, 27th. The wireless technology company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.67 by $0.19. The wireless technology company earned $11.16 billion during the quarter, compared to analyst estimates of $10.58 billion. QUALCOMM had a trailing twelve-month return on equity of 103.73% and a net margin of 28.42%. During the same period in the previous year, the business earned $1.59 EPS.
View QUALCOMM's earnings history.

QUALCOMM declared a quarterly dividend on Wednesday, April 13th. Shareholders of record on Thursday, June 2nd will be paid a dividend of $0.75 per share on Thursday, June 23rd. This represents a $3.00 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend is Wednesday, June 1st. This is a boost from QUALCOMM's previous quarterly dividend of $0.68.
View QUALCOMM's dividend history.

QUALCOMM(NASDAQ:QCOM) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.35%. 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 30.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QUALCOMM will have a dividend payout ratio of 25.08% next year. This indicates that QUALCOMM will be able to sustain or increase its dividend.
View QUALCOMM's dividend history.

QUALCOMM announced that its board has initiated a stock 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 reacquire up to 7.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

QUALCOMM updated its third quarter earnings guidance on Wednesday, April, 27th. The company provided earnings per share (EPS) guidance of $2.75-2.95 for the period, compared to the consensus earnings per share estimate of $2.59. The company issued revenue guidance of 10.5-11.3 billion, compared to the consensus revenue estimate of $9.99 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.

Some companies that are related to QUALCOMM include Cisco Systems (CSCO), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Calix (CALX), Viasat (VSAT), InterDigital (IDCC), EchoStar (SATS), Extreme Networks (EXTR), Infinera (INFN), Harmonic (HLIT), ADTRAN (ADTN) and Digi International (DGII).
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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 Park National Corp OH (0.01%), First Financial Bank Trust Division (0.00%) and Insight Wealth Strategies LLC (0.00%). 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.

QCOM stock was acquired by a variety of institutional investors in the last quarter, including Park National Corp OH, First Financial Bank Trust Division, and Insight Wealth Strategies LLC.
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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.
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One share of QCOM stock can currently be purchased for approximately $123.53.

QUALCOMM (NASDAQ:QCOM) has a market capitalization of $138.35 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 $9.77 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.