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Qualcomm Inc (QCOM)
NASDAQ:QCOM
Holding QCOM?
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QCOM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$104.33 - $230.63
Previous Close$166.61
Volume5.83M
Average Volume (3M)9.73M
Market Cap
$185.60B
Enterprise Value$187.13B
Total Cash (Recent Filing)$13.03B
Total Debt (Recent Filing)$14.55B
Price to Earnings (P/E)21.6
Beta1.80
Next Earnings
Nov 06, 2024EPS Estimate
$2.54Last Dividend Ex-Date
Sep 05, 2024Dividend Yield1.94%
Share Statistics
EPS (TTM)7.71
Shares Outstanding1,114,000,000
10 Day Avg. Volume7,493,716
30 Day Avg. Volume9,733,574
Standard Deviation0.10
R-Squared0.42
Alpha0.00474
Financial Highlights & Ratios
Price to Book (P/B)7.52
Price to Sales (P/S)5.00
Price to Cash Flow (P/CF)15.30
P/FCF Ratio16.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.01
Enterprise Value/Gross Profit9.38
Enterprise Value/Ebitda23.32
Forecast
1Y Price Target
$219.53Price Target Upside30.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering21
Qualcomm News
Bulls Say, Bears Say
Bulls Say
AI And PC RevenueQualcomm is already seeing promising results in AI PC revenue, with over 20 models launched in over 47 retailers.
Automotive GrowthAutomotive now accounts for 10% of QCT revenues, up from 6% a year prior, and continues to show strong growth.
Handset Market ExpansionThe premium tier handset market, where Qualcomm is well positioned, continues to expand, now accounting for 31% of market share versus 21% the year prior.
Bears Say
Competitor ImpactThe loss of AAPL revenue creates a headwind that’s not fully in estimates with uncertain catalysts elsewhere, making it difficult for analysts to continue defending the bull case.
Market ExpectationsQualcomm to only ship 600k AI CPUs in FY24 vs previous market expectations of 1-1.5m.
Smartphone MarketUncertainty about smartphone recovery persists: ongoing smartphone weakness could persist into 4QFY24.
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Ownership Overview
2.25% Insiders
21.63% Mutual Funds
43.24% Other Institutional Investors
32.88% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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QCOM FAQ
What was Qualcomm Inc’s price range in the past 12 months?
Qualcomm Inc lowest stock price was $104.33 and its highest was $230.63 in the past 12 months.
What is Qualcomm Inc’s market cap?
Currently, no data Available
When is Qualcomm Inc’s upcoming earnings report date?
Qualcomm Inc’s upcoming earnings report date is Nov 06, 2024 which is in 48 days.
How were Qualcomm Inc’s earnings last quarter?
Qualcomm Inc released its earnings results on Jul 31, 2024. The company reported $2.33 earnings per share for the quarter, beating the consensus estimate of $2.249 by $0.081.
Is Qualcomm Inc overvalued?
According to Wall Street analysts Qualcomm Inc’s price is currently Undervalued.
Does Qualcomm Inc pay dividends?
Qualcomm Inc pays a Quarterly dividend of $0.85 which represents an annual dividend yield of 1.94%. See more information on Qualcomm Inc dividends here
What is Qualcomm Inc’s EPS estimate?
Qualcomm Inc’s EPS estimate is $2.54.
How many shares outstanding does Qualcomm Inc have?
Qualcomm Inc has 1,114,000,000 shares outstanding.
What happened to Qualcomm Inc’s price movement after its last earnings report?
Qualcomm Inc reported an EPS of $2.33 in its last earnings report, beating expectations of $2.249. Following the earnings report the stock price went up 8.394%.
Which hedge fund is a major shareholder of Qualcomm Inc?
Among the largest hedge funds holding Qualcomm Inc’s share is Matrix Capital Management Company, LP. It holds Qualcomm Inc’s shares valued at 2B.
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Qualcomm Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$219.53 (30.13% Upside)
$219.53 (30.13% Upside)
Blogger Sentiment
Bullish
QCOM Sentiment 86%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 6.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $746.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
50.33%
12-Months-Change
Fundamentals
Return on Equity
38.92%
Trailing 12-Months
Asset Growth
7.63%
Trailing 12-Months
Company Description
Qualcomm Inc
QUALCOMM, Inc. develops and sells wireless telecommunications products and services that are used in mobile devices and other wireless products (including network equipment, broadband gateway equipment, consumer electronic devices and other connected devices) as well as in automotive and internet of things (IoT). It operates through three segments: Qualcomm CDMA Technologies (QCT) semicondutor business, Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The company was founded by Franklin P. Antonio, Adelia A. Coffman, Andrew Cohen, Klein Gilhousen, Irwin Mark Jacobs, Andrew J. Viterbi, and Harvey P. White in July 1985 and is headquartered in San Diego, CA.
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QCOM Company Deck
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QCOM Earnings Call
Q3 2024
0:00 / 0:00
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QCOM Revenue Breakdown
84.82% Qualcomm CDMA Technologies
14.81% Qualcomm Technology Licensing
0.08% Qualcomm Strategic Initiatives
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QCOM Stock 12 Month Forecast
Average Price Target
$219.53
▲(30.13% Upside)
Technical Analysis
Best Analysts Covering QCOM
1 Year
1 Year Success Rate
22/26 ratings generated profit
1 Year Average Return
+29.32%
assigned a buy rating 2 months ago
Copying Matt Ramsay's trades and holding each position for 1 Year would result in 84.62% of your transactions generating a profit, with an average return of +29.32% per trade.
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