NASDAQ:QCOM - QUALCOMM Stock Price, Forecast & News

$95.91

+4.12 (+4.49 %)

(As of 01/19/2020 05:25 AM ET)

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Today's Range

$92.95

Now: $95.91▼

$96.17

50-Day Range

$80.58

MA: $87.55▼

$95.91

52-Week Range

$49.10

Now: $95.91▼

$96.17

Volume23.48 million shs

Average Volume7.24 million shs

Market Capitalization$109.51 billion

P/E Ratio26.72

Dividend Yield2.70%

Beta1.62

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/

Phone858-587-1121

Debt

Debt-to-Equity Ratio2.74

Current Ratio1.88

Quick Ratio1.72

Price-To-Earnings

Trailing P/E Ratio26.72

Forward P/E Ratio27.56

P/E Growth1.89

Sales & Book Value

Annual Sales$24.27 billion

Price / Sales4.51

Cash Flow$4.36 per share

Price / Cash Flow21.99

Book Value$4.04 per share

Price / Book23.74

Profitability

EPS (Most Recent Fiscal Year)$2.84

Net Income$4.39 billion

Net Margins18.07%

Return on Equity77.78%

Return on Assets10.26%

Miscellaneous

Employees37,000

Outstanding Shares1,141,840,000

Market Cap$109.51 billion

Next Earnings Date2/5/2020 (Confirmed)

OptionableOptionable

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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. 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 2.59%. View QUALCOMM's Dividend History.

How will QUALCOMM's stock buyback program work?

QUALCOMM announced that its Board of Directors has approved a stock buyback program on Thursday, July 26th 2018, which allows the company to repurchase $30,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 34.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its shares are undervalued.

How were QUALCOMM's earnings last quarter?

QUALCOMM, Inc. (NASDAQ:QCOM) released its quarterly earnings results on Wednesday, November, 6th. The wireless technology company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.07. The wireless technology company had revenue of $4.80 billion for the quarter, compared to analyst estimates of $4.71 billion. QUALCOMM had a return on equity of 77.78% and a net margin of 18.07%. The company's revenue for the quarter was down 17.2% compared to the same quarter last year. During the same period last year, the firm earned $0.90 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, February 5th 2020. View Earnings Estimates for QUALCOMM.

How can I listen to QUALCOMM's earnings call?

QUALCOMM will be holding an earnings conference call on Wednesday, February 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

QUALCOMM updated its first quarter earnings guidance on Wednesday, November, 6th. The company provided earnings per share guidance of $0.80-0.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.84. The company issued revenue guidance of $4.4-5.2 billion, compared to the consensus revenue estimate of $4.95 billion.

What price target have analysts set for QCOM?

24 analysts have issued 12 month price objectives for QUALCOMM's stock. Their forecasts range from $55.00 to $115.00. On average, they expect QUALCOMM's share price to reach $90.24 in the next twelve months. This suggests that the stock has a possible downside of 5.9%. 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, 8 hold ratings, 14 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 stories about QCOM stock have trended somewhat negative recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. QUALCOMM earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned press coverage about the wireless technology company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for QUALCOMM.

Are investors shorting QUALCOMM?

QUALCOMM saw a decline in short interest in December. As of December 31st, there was short interest totalling 17,060,000 shares, a decline of 8.9% from the December 15th total of 18,730,000 shares. Based on an average trading volume of 8,670,000 shares, the short-interest ratio is presently 2.0 days. Currently, 1.5% of the company's shares are short sold. 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), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR), Comtech Telecomm. (CMTL) and NetGear (NTGR).

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 variety of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.13%), Johanson Financial Advisors Inc. (0.08%), Hamlin Capital Management LLC (0.08%), Private Asset Management Inc. (0.05%), DNB Asset Management AS (0.05%) and Gateway Investment Advisers LLC (0.05%). 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 Commerzbank Aktiengesellschaft FI, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Private Asset Management Inc., City Holding Co., Tocqueville Asset Management L.P. and Greylin Investment Mangement 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, James H Thompson and Michelle M Sterling. View Insider Buying and Selling for QUALCOMM.

Which institutional investors are buying QUALCOMM stock?

QCOM stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Johanson Financial Advisors Inc., Advisors Capital Management LLC, Hamlin Capital Management LLC, UNIVEST FINANCIAL Corp, Corbenic Partners LLC, DNB Asset Management AS and Hoey Investments 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 $95.91.

How big of a company is QUALCOMM?

QUALCOMM has a market capitalization of $109.51 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:		1,977 (Vote Outperform)
Underperform Votes:		1,009 (Vote Underperform)
Total Votes:		2,986

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 1/19/2020 by MarketBeat.com Staff

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