NASDAQ:QCOM - QUALCOMM Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding QUALCOMM, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $87.03 -2.44 (-2.73 %) (As of 02/21/2020 04:00 PM ET) Add Compare Today's Range$86.33Now: $87.03▼$89.0350-Day Range$85.31MA: $89.68▼$95.9152-Week Range$52.27Now: $87.03▼$96.17Volume11.54 million shsAverage Volume9.16 million shsMarket Capitalization$99.48 billionP/E Ratio24.72Dividend Yield2.77%Beta1.56 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. Read More… 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 Webhttp://www.qualcomm.com/ Phone858-587-1121Debt Debt-to-Equity Ratio2.98 Current Ratio1.76 Quick Ratio1.61Price-To-Earnings Trailing P/E Ratio24.72 Forward P/E Ratio23.65 P/E Growth1.25 Sales & Book Value Annual Sales$24.27 billion Price / Sales4.10 Cash Flow$4.06 per share Price / Cash Flow21.44 Book Value$3.95 per share Price / Book22.03Profitability EPS (Most Recent Fiscal Year)$2.84 Net Income$4.39 billion Net Margins17.31% Return on Equity66.54% Return on Assets9.29%Miscellaneous Employees37,000 Outstanding Shares1,143,040,000Market Cap$99.48 billion Next Earnings Date5/6/2020 (Estimated) OptionableOptionable Receive QCOM News and Ratings via Email Sign-up to receive the latest news and ratings for QCOM and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:QCOM Rates by TradingView 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 Friday, January 17th. Investors 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 2.85%. 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 declared that its Board of Directors has initiated a stock repurchase program on Thursday, July 26th 2018, which authorizes the company to repurchase $30,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 34.1% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is 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 EPS for the quarter, topping the Zacks' consensus estimate of $0.85 by $0.14. The wireless technology company earned $5.08 billion during the quarter, compared to analyst estimates of $4.86 billion. QUALCOMM had a net margin of 17.31% and a return on equity of 66.54%. The company's revenue was up 4.9% on a year-over-year basis. During the same period last year, the company earned $1.20 earnings per share. View QUALCOMM's Earnings History. When is QUALCOMM's next earnings date? QUALCOMM is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for QUALCOMM. 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 EPS guidance of 0.80-0.95 for the period, compared to the Thomson Reuters consensus earnings per share 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 analysts have issued 12-month target prices for QUALCOMM's stock. Their forecasts range from $60.00 to $115.00. On average, they expect QUALCOMM's stock price to reach $94.38 in the next year. This suggests a possible upside of 8.4% 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 extremely negative on Saturday, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news 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 sentiment score of -4.0 on InfoTrie's scale. They also gave news stories about the wireless technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. 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 daily volume of 9,445,200 shares, the short-interest ratio is currently 1.5 days. Approximately 1.2% of the company's shares 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 Cisco Systems (CSCO), Motorola Solutions (MSI), Palo Alto Networks (PANW), Juniper Networks (JNPR), F5 Networks (FFIV), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR), NetGear (NTGR) and Harmonic (HLIT). 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), Micron Technology (MU), Cisco Systems (CSCO), AT&T (T), Alibaba Group (BABA), Walt Disney (DIS), Verizon Communications (VZ), Advanced Micro Devices (AMD) 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)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 a number of of institutional and retail investors. Top institutional investors include FMR LLC (4.92%), State Street Corp (4.20%), Bank of New York Mellon Corp (2.10%), Capital International Investors (1.44%), Geode Capital Management LLC (1.44%) and Loomis Sayles & Co. L P (1.41%). 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 major 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, Capital International Investors, Jennison Associates LLC, Holowesko Partners Ltd., Capital World Investors, State Street Corp, FIL Ltd and AQR Capital Management LLC. 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 major investors are buying QUALCOMM stock? QCOM stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Janus Henderson Group PLC, Alliancebernstein L.P., FMR LLC, Fred Alger Management LLC, Assenagon Asset Management S.A., Rheos Capital Works Inc. and GQG Partners 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, Robinhood, Fidelity and Charles Schwab. What is QUALCOMM's stock price today? One share of QCOM stock can currently be purchased for approximately $87.03. How big of a company is QUALCOMM? QUALCOMM has a market capitalization of $99.48 billion and generates $24.27 billion in revenue each year. The wireless technology company earns $4.39 billion in net income (profit) each year or $2.84 on an earnings per share basis. QUALCOMM employs 37,000 workers across the globe.View Additional Information About QUALCOMM. 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 ( )Outperform Votes: 1,998 (Vote Outperform)Underperform Votes: 1,020 (Vote Underperform)Total Votes: 3,018MarketBeat'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 2/22/2020 by MarketBeat.com StaffFeatured Article: What economic reports are most valuable to investors?
