QUALCOMM Stock Forecast, Price & News

QUALCOMM's stock was trading at $74.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, QCOM stock has increased by 95.0% and is now trading at $145.46.
View which stocks have been most impacted by COVID-19.

30 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, 20 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for QUALCOMM.

Wall Street analysts have given QUALCOMM a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but QUALCOMM wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

QUALCOMM is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for QUALCOMM.

QUALCOMM Incorporated (NASDAQ:QCOM) released its quarterly earnings results on Wednesday, November, 4th. The wireless technology company reported $1.45 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.17 by $0.28. The wireless technology company had revenue of $6.50 billion for the quarter, compared to the consensus estimate of $5.94 billion. QUALCOMM had a net margin of 13.72% and a return on equity of 78.39%. The business's revenue for the quarter was up 35.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.78 EPS.
View QUALCOMM's earnings history.

QUALCOMM declared a quarterly dividend on Wednesday, October 14th. Investors of record on Thursday, December 3rd will be paid a dividend of $0.65 per share on Thursday, December 17th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date of this dividend is Wednesday, December 2nd.
View QUALCOMM's dividend history.

QUALCOMM updated its first quarter earnings guidance on Wednesday, November, 4th. The company provided earnings per share (EPS) guidance of $1.95-2.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.68. The company issued revenue guidance of $7.8-8.6 billion, compared to the consensus revenue estimate of $7.16 billion.

30 brokers have issued 12-month price objectives for QUALCOMM's shares. Their forecasts range from $61.00 to $180.00. On average, they anticipate QUALCOMM's share price to reach $144.16 in the next twelve months. This suggests that the stock has a possible downside of 0.9%.
View analysts' price targets for QUALCOMM.

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), InterDigital (IDCC), Infinera (INFN), Calix (CALX), Plantronics (PLT), NETGEAR (NTGR), Ribbon Communications (RBBN) and Extreme Networks (EXTR).
View all competitors.

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), The 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 retail and institutional investors. Top institutional shareholders include State Street Corp (4.17%), Nuveen Asset Management LLC (0.92%), Charles Schwab Investment Management Inc. (0.85%), Morgan Stanley (0.57%), UBS Asset Management Americas Inc. (0.41%) and Swiss National Bank (0.39%). 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, Michelle M Sterling and Steven M Mollenkopf.
View institutional ownership trends for QUALCOMM.

QCOM stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, AQR Capital Management LLC, Charles Schwab Investment Management Inc., Allianz Asset Management GmbH, Caisse DE Depot ET Placement DU Quebec, Assenagon Asset Management S.A., Thornburg Investment Management Inc., and Acadian Asset Management LLC. Company insiders that have sold QUALCOMM company stock in the last year include Akash J Palkhiwala, Alexander H Rogers, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, and Steven M Mollenkopf.
View insider buying and selling activity for QUALCOMM.

QCOM stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Nuveen Asset Management LLC, Morgan Stanley, Neuberger Berman Group LLC, DekaBank Deutsche Girozentrale, Natixis, Polar Capital LLP, and Victory Capital Management Inc..
View insider buying and selling activity for 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.

One share of QCOM stock can currently be purchased for approximately $145.46.

QUALCOMM has a market capitalization of $164.52 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.

The official website for QUALCOMM is www.qualcomm.com.

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]