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 (WHO). Since then, QCOM stock has increased by 117.8% and is now trading at $162.42.
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31 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 1 sell rating, 9 hold ratings, 20 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QUALCOMM stock.
View analyst ratings for QUALCOMM or view MarketBeat's top 5 stock picks.

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2,209 employees have rated QUALCOMM CEO Steve Mollenkopf on Glassdoor.com. Steve Mollenkopf has an approval rating of 87% among QUALCOMM's employees.

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

QUALCOMM will be holding an earnings conference call on Wednesday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

QUALCOMM Incorporated (NASDAQ:QCOM) posted its quarterly earnings data on Wednesday, November, 4th. The wireless technology company reported $1.45 EPS for the quarter, topping the Zacks' 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 22.09% and a trailing twelve-month return on equity of 90.74%. The business's revenue was up 35.3% on a year-over-year basis. During the same period last year, the company earned $0.78 earnings per share.
View QUALCOMM's earnings history.

QUALCOMM declared a quarterly dividend on Wednesday, January 20th. Investors of record on Thursday, March 4th will be given a dividend of $0.65 per share on Thursday, March 25th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date is Wednesday, March 3rd.
View QUALCOMM's dividend history.

QUALCOMM pays an annual dividend of $2.60 per share and currently has a dividend yield of 1.60%. QUALCOMM does not yet have a strock track record of dividend growth. The dividend payout ratio of QUALCOMM is 77.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, QUALCOMM will have a dividend payout ratio of 32.46% next year. This indicates that QUALCOMM will be able to sustain or increase its dividend.
View QUALCOMM's dividend history.

QUALCOMM issued an update on its first quarter earnings guidance on Wednesday, November, 4th. The company provided earnings per share guidance of $1.95-2.15 for the period, compared to the Thomson Reuters consensus EPS 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.

31 equities research analysts have issued 12-month price targets for QUALCOMM's shares. Their forecasts range from $61.00 to $200.00. On average, they expect QUALCOMM's stock price to reach $152.44 in the next twelve months. This suggests that the stock has a possible downside of 6.1%.
View analysts' price targets for QUALCOMM or view Wall Street analyst' top-rated stocks.

QUALCOMM saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 17,090,000 shares, an increase of 26.7% from the December 15th total of 13,490,000 shares. Based on an average daily volume of 8,230,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.5% of the company's stock are sold short.
View QUALCOMM's Short Interest.

Some companies that are related to QUALCOMM include Cisco Systems (CSCO), Palo Alto Networks (PANW), Motorola Solutions (MSI), F5 Networks (FFIV), Ciena (CIEN), Juniper Networks (JNPR), Viasat (VSAT), EchoStar (SATS), Calix (CALX), InterDigital (IDCC), Infinera (INFN), Plantronics (PLT), NETGEAR (NTGR), Ribbon Communications (RBBN) and Extreme Networks (EXTR).
View all of QCOM's 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 many different retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.12%), Candriam Luxembourg S.C.A. (0.06%), State of Alaska Department of Revenue (0.06%), Private Asset Management Inc. (0.04%), Atalanta Sosnoff Capital LLC (0.04%) and Gateway Investment Advisers LLC (0.04%). 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 DNB Asset Management AS, Crossmark Global Holdings Inc., Douglas Lane & Associates LLC, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, Pacer Advisors Inc., Avantax Advisory Services Inc., and British Airways Pensions Investment Management Ltd. 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 or view top insider-selling stocks.

QCOM stock was acquired by a variety of institutional investors in the last quarter, including Waverton Investment Management Ltd, Cadinha & Co. LLC, Candriam Luxembourg S.C.A., Louisiana State Employees Retirement System, Brookstone Capital Management, Oak Harvest Investment Services, IFM Investors Pty Ltd, and Busey Wealth Management.
View insider buying and selling activity for QUALCOMM or or view top insider-buying stocks.

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.

One share of QCOM stock can currently be purchased for approximately $162.42.

QUALCOMM has a market capitalization of $183.70 billion and generates $23.53 billion in revenue each year. The wireless technology company earns $5.20 billion in net income (profit) each year or $3.34 on an earnings per share basis. QUALCOMM employs 41,000 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]