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S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Central Bank: “Final stage” beginning now (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Is This The End Of Your Retirement? (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Is This The End Of Your Retirement? (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Central Bank: “Final stage” beginning now (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Is This The End Of Your Retirement? (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Is This The End Of Your Retirement? (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Central Bank: “Final stage” beginning now (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Asian shares mostly rise despite worries about US debt talks
Is This The End Of Your Retirement? (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Is This The End Of Your Retirement? (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
NASDAQ:QCOM

QUALCOMM (QCOM) Stock Forecast, Price & News

$105.86
-1.10 (-1.03%)
(As of 05/19/2023 08:48 PM ET)
Compare
Today's Range
$105.51
▼
$107.12
50-Day Range
$103.62
▼
$127.58
52-Week Range
$101.93
▼
$156.66
Volume
5.78 million shs
Average Volume
7.57 million shs
Market Capitalization
$117.93 billion
P/E Ratio
11.35
Dividend Yield
2.83%
Price Target
$146.96
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

QUALCOMM MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.73 Rating Score
Upside/​Downside
38.8% Upside
$146.96 Price Target
Short Interest
Healthy
0.85% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.89
Upright™ Environmental Score
News Sentiment
0.45mentions of QUALCOMM in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$310,125 Sold Last Quarter
Proj. Earnings Growth
25.83%
From $7.86 to $9.89 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.64 out of 5 stars

Computer And Technology Sector

1st out of 608 stocks

Radio & T.V. Communications Equipment Industry

1st out of 24 stocks

See Top Rated MarketRank™ Stocks Here

QCOM stock logo

About QUALCOMM (NASDAQ:QCOM) Stock

Qualcomm Incorporated is a global wireless technology leader and a key semiconductor industry player. Founded in 1985 and headquartered in San Diego, California, Qualcomm's mission is to enable the convergence of mobile communications and computing technologies. The company designs and manufactures chips and other technologies for smartphones, tablets, laptops, and other wireless devices. Its products and services include processors, modems, radio frequency chips, software, and patent licensing. The company operates in over 40 countries and employs more than 40,000 people.

Qualcomm's leadership team comprises seasoned industry professionals with a wealth of experience in engineering, technology, and business. Cristiano Amon was appointed Chief Executive Officer of Qualcomm in July 2021, succeeding Steve Mollenkopf, who retired after leading the company for seven years. Amon has been with Qualcomm for over 20 years and has held various leadership positions, including president of Qualcomm CDMA Technologies (QCT), where he oversaw the company's chip business. 

Over the past few years, Qualcomm has delivered consistent financial performance driven by strong demand for its products and services. Qualcomm has consistently reported increasing revenue, net income, and profit margin over the past several years. The company's debt levels are manageable, with enough assets to cover liabilities. 

Qualcomm's valuation metrics are broadly in line with those of its peers in the semiconductor industry. The company's price-to-earnings and price-to-book ratios parallel others in the semiconductor sector. Qualcomm's valuation appears reasonable, reflecting the company's solid financial performance and growth prospects.

Qualcomm's stock has been relatively volatile recently, reflecting the company's strong financial performance and growth prospects. The volatility is due to weakening chip sales in the cellphone industry, weakening quarterly reports, and economic uncertainty. 

The semiconductor industry is highly competitive and subject to rapid technological change. Qualcomm operates in the wireless communications segment, characterized by strong demand for mobile devices and increasing use of data-intensive applications. The company faces significant competition from other semiconductor companies, including Broadcom, Intel, and NVIDIA. Additionally, the industry is subject to regulatory and political pressures, particularly in data privacy and security. Qualcomm has been at the forefront of industry innovation and is well-positioned to capitalize on growth opportunities in the wireless communications segment.

Despite Qualcomm's market position and financial performance, the company is not resting on its laurels. Instead, it is actively pursuing new growth opportunities to expand its business and increase revenue.

One key growth opportunity for Qualcomm is the development of new 5G technologies. As the world continues to move towards a more connected future, 5G networks will become increasingly important, and Qualcomm is well-positioned to capitalize on this trend. The company has already made significant investments in 5G technology and will likely continue to do so in the coming years.

Another growth opportunity for Qualcomm is in the automotive industry. As cars become more connected and autonomous, the need for advanced technologies and communication systems will increase, and Qualcomm is well-positioned to provide these solutions. The company has partnered with several major automakers to develop new technologies and will likely continue to do so.

Qualcomm is also looking to expand into new markets, particularly in Asia. The company already has a strong presence in China but is looking to expand into other Asian countries, such as India, with significant demand for advanced technologies.

While Qualcomm has many strengths, the company has risks and challenges. One of Qualcomm's most significant risks is the threat of increased competition. The technology industry is constantly evolving, and new competitors are always emerging. Qualcomm must stay ahead of the curve to ensure it retains market share with its competitors.

Another potential risk for Qualcomm is regulatory changes. The technology industry is heavily regulated, and changes to regulations could have a significant impact on Qualcomm's business. For example, changes to patent laws or international trade agreements could limit Qualcomm's ability to protect its intellectual property or sell its products in specific markets.

Qualcomm faces the risk of economic downturns. Like all companies, Qualcomm is vulnerable to changes in the broader economy, and a recession could lead to reduced demand for its products and services.

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QCOM Stock News Headlines

May 6, 2023 | marketbeat.com
MarketBeat Week in Review – 5/1 - 5/5 (QCOM)
A strong jobs report, Apple earnings, and a possible Fed pause were stories moving the market this week. Here are some of the other popular stories this week
May 4, 2023 | marketbeat.com
Is it Time for Qualcomm to Start Playing Catch-up?  (QCOM)
MarketBeat's Forecast tool rates Qualcomm's shares as a Moderate Buy, with an upside target of 38%, so perhaps there is a case for the longer-term opportunity.
May 22, 2023 | Behind the Markets (Ad)
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
May 19, 2023 | msn.com
Qualcomm Stock: The Outlook Is Rather Grim
May 19, 2023 | seekingalpha.com
What To Expect From Qualcomm In 2023
May 19, 2023 | forbes.com
Can Qualcomm Count On Automotive Sector To Drive Its Next Wave Of Growth?
May 18, 2023 | 247wallst.com
Unusual Put Option Trade in Qualcomm Worth $3,775K
May 18, 2023 | msn.com
Unusual Put Option Trade in Qualcomm (QCOM) Worth $5,778.75K
May 22, 2023 | Chaikin Analytics (Ad)
Wall Street Legend Who Called AMZN Crash Issues New Sell Alert
Now, after years of big gains, he says one popular company's day in the sun is finally coming to an end. You must get off this sinking ship – NOW. 1 million people follow him for his surprisingly accurate predictions. His new sell alert could save your wealth in 2023.
May 17, 2023 | msn.com
Unusual Put Option Trade in Qualcomm (QCOM) Worth $5,417.50K
May 17, 2023 | msn.com
Qualcomm: This Is Clearly Not The Bottom
May 15, 2023 | msn.com
How Is The Market Feeling About Qualcomm?
May 15, 2023 | finance.yahoo.com
The Road to Safety Opens in the U.S.
May 15, 2023 | americanbankingnews.com
Analysts Set QUALCOMM Incorporated (NASDAQ:QCOM) PT at $146.83
May 13, 2023 | finance.yahoo.com
Is There An Opportunity With QUALCOMM Incorporated's (NASDAQ:QCOM) 23% Undervaluation?
May 12, 2023 | americanbankingnews.com
QUALCOMM (NASDAQ:QCOM) Rating Lowered to Hold at StockNews.com
May 11, 2023 | finance.yahoo.com
These 3 Stocks Could Soon Be Dividend Aristocrats
May 10, 2023 | seekingalpha.com
Qualcomm: More Short-Term Pain Ahead, Don't Join Buying Frenzy
May 10, 2023 | marketwatch.com
Qualcomm Inc. stock underperforms Monday when compared to competitors
May 10, 2023 | markets.businessinsider.com
New Buy Rating for Qualcomm (QCOM), the Technology Giant
May 10, 2023 | 247wallst.com
Unusual Put Option Trade in Qualcomm Worth $2,925K
May 10, 2023 | finance.yahoo.com
Big U.S. firms adopt cautious tone on China recovery
May 8, 2023 | finance.yahoo.com
Qualcomm's Expected 2023 Rally Fizzles, but Is the Stock Still a Good Value?
May 8, 2023 | finance.yahoo.com
World Intellectual Property Day 2023: Women and Other Underrepresented Innovators Are the Backbone of a Diverse Patent Universe
May 8, 2023 | finance.yahoo.com
Qualcomm to acquire Israeli auto-chip maker Autotalks
May 7, 2023 | americanbankingnews.com
Evercore ISI Cuts QUALCOMM (NASDAQ:QCOM) Price Target to $120.00
May 7, 2023 | americanbankingnews.com
Deutsche Bank Aktiengesellschaft Cuts QUALCOMM (NASDAQ:QCOM) Price Target to $130.00
See More Headlines
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QCOM Company Calendar

Last Earnings
2/02/2023
Ex-Dividend for 3/23 Dividend
3/01/2023
Dividend Payable
3/23/2023
Today
5/21/2023
Ex-Dividend for 6/22 Dividend
5/31/2023
Dividend Payable
6/22/2023
Next Earnings (Estimated)
7/26/2023
Fiscal Year End
9/30/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Radio & t.v. communications equipment
Sub-Industry
Communications Equipment
Sector
Computer and Technology
Current Symbol
NASDAQ:QCOM
CUSIP
74752510
CIK
804328
Web
www.qualcomm.com
Phone
(858) 587-1121
Fax
858-658-2100
Employees
51,000
Year Founded
1985

Price Target and Rating

Average Stock Price Forecast
$146.96
High Stock Price Forecast
$170.00
Low Stock Price Forecast
$120.00
Forecasted Upside/Downside
+38.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
22 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$9.33
Trailing P/E Ratio
11.35
Forward P/E Ratio
13.47
P/E Growth
0.87
Net Income
$12.94 billion
Net Margins
25.67%
Pretax Margin
29.16%
Return on Equity
56.33%
Return on Assets
21.03%

Debt

Debt-to-Equity Ratio
0.79
Current Ratio
2.42
Quick Ratio
1.55

Sales & Book Value

Annual Sales
$44.20 billion
Price / Sales
2.67
Cash Flow
$12.77 per share
Price / Cash Flow
8.29
Book Value
$17.68 per share
Price / Book
5.99

Miscellaneous

Outstanding Shares
1,114,000,000
Free Float
1,113,220,000
Market Cap
$117.93 billion
Optionable
Optionable
Beta
1.25

Social Links


Key Executives

  • Cristiano R. AmonCristiano R. Amon
    President, Chief Executive Officer & Director
  • Roawen Chen
    Chief Operations & Supply Officer & SVP
  • Akash PalkhiwalaAkash Palkhiwala
    Chief Financial Officer
  • James H. ThompsonJames H. Thompson
    Chief Technology Officer
  • Don McGuire
    Chief Marketing Officer & Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













QCOM Stock - Frequently Asked Questions

Should I buy or sell QUALCOMM stock right now?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QUALCOMM in the last year. There are currently 1 sell rating, 4 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" QCOM shares.
View QCOM analyst ratings or view top-rated stocks.

What is QUALCOMM's stock price forecast for 2023?

22 Wall Street research analysts have issued 12-month target prices for QUALCOMM's shares. Their QCOM share price forecasts range from $120.00 to $170.00. On average, they predict the company's share price to reach $146.96 in the next twelve months. This suggests a possible upside of 38.8% from the stock's current price.
View analysts price targets for QCOM or view top-rated stocks among Wall Street analysts.

How have QCOM shares performed in 2023?

QUALCOMM's stock was trading at $109.94 on January 1st, 2023. Since then, QCOM stock has decreased by 3.7% and is now trading at $105.86.
View the best growth stocks for 2023 here.

When is QUALCOMM's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our QCOM earnings forecast.

How were QUALCOMM's earnings last quarter?

QUALCOMM Incorporated (NASDAQ:QCOM) released its earnings results on Thursday, February, 2nd. The wireless technology company reported $2.37 EPS for the quarter, topping the consensus estimate of $2.35 by $0.02. The wireless technology company had revenue of $9.46 billion for the quarter, compared to analyst estimates of $9.57 billion. QUALCOMM had a trailing twelve-month return on equity of 56.33% and a net margin of 25.67%. QUALCOMM's revenue was down 11.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.96 earnings per share.
Read the conference call transcript.

How often does QUALCOMM pay dividends? What is the dividend yield for QUALCOMM?

QUALCOMM announced a quarterly dividend on Thursday, March 30th. Investors of record on Thursday, June 1st will be given a dividend of $0.80 per share on Thursday, June 22nd. This represents a $3.20 annualized dividend and a yield of 3.02%. The ex-dividend date of this dividend is Wednesday, May 31st. This is an increase from the stock's previous quarterly dividend of $0.75.
Read our dividend analysis for QCOM.

What ETFs hold QUALCOMM's stock?

ETFs with the largest weight of QUALCOMM (NASDAQ:QCOM) stock in their portfolio include Invesco PHLX Semiconductor ETF (SOXQ), First Trust Nasdaq Semiconductor ETF (FTXL), Strive U.S. Semiconductor ETF (SHOC), iShares Semiconductor ETF (SOXX), VanEck Semiconductor ETF (SMH), Invesco Dynamic Semiconductors ETF (PSI), Direxion Daily Semiconductors Bull 3x Shares (SOXL) and ProShares Ultra Semiconductors (USD).

Is QUALCOMM a good dividend stock?

QUALCOMM (NASDAQ:QCOM) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.80%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QCOM will have a dividend payout ratio of 30.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for QCOM.

How will QUALCOMM's stock buyback program work?

QUALCOMM announced that its Board of Directors has initiated a stock buyback program on Tuesday, October 12th 2021, which allows the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 7.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

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

QUALCOMM updated its third quarter earnings guidance on Wednesday, May, 3rd. The company provided EPS guidance of $1.70-$1.90 for the period, compared to the consensus EPS estimate of $2.13. The company issued revenue guidance of $8.1-$8.9 billion, compared to the consensus revenue estimate of $9.12 billion.

What is Steve Mollenkopf's approval rating as QUALCOMM's CEO?

2,209 employees have rated QUALCOMM Chief Executive Officer Steve Mollenkopf on Glassdoor.com. Steve Mollenkopf has an approval rating of 87% among the company's employees.

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), Cisco Systems (CSCO), AT&T (T), Micron Technology (MU), Advanced Micro Devices (AMD), Walt Disney (DIS), Alibaba Group (BABA), Verizon Communications (VZ) and Johnson & Johnson (JNJ).

What is QUALCOMM's stock symbol?

QUALCOMM trades on the NASDAQ under the ticker symbol "QCOM."

Who are QUALCOMM's major shareholders?

QUALCOMM's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.53%), State Street Corp (4.35%), FMR LLC (2.17%), Geode Capital Management LLC (1.89%), Price T Rowe Associates Inc. MD (1.47%) and Wellington Management Group LLP (1.40%). Insiders that own company stock include Akash J Palkhiwala, Alexander H Rogers, Alexander H Rogers, Brian Modoff, Cristiano R Amon, Donald J Rosenberg, Erin L Polek, Erin L Polek, Erin L Polek, James H Thompson, James J Cathey, Jeffrey William Henderson and Steven M Mollenkopf.
View institutional ownership trends.

How do I buy shares of QUALCOMM?

Shares of QCOM stock 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.
Compare Top Brokerages Here.

What is QUALCOMM's stock price today?

One share of QCOM stock can currently be purchased for approximately $105.86.

How much money does QUALCOMM make?

QUALCOMM (NASDAQ:QCOM) has a market capitalization of $117.93 billion and generates $44.20 billion in revenue each year. The wireless technology company earns $12.94 billion in net income (profit) each year or $9.33 on an earnings per share basis.

How many employees does QUALCOMM have?

The company employs 51,000 workers across the globe.

Does QUALCOMM have any subsidiaries?
The following companies are subsidiares of QUALCOMM: AMD, Airgo Networks, Artemis IP, Atheros Communications, Augmented Pixels, Berkäna Wireless, Bigfoot Networks, Bitboys Oy, Black Sand Technologies, CSR, Capsule Tech, Clay AIR, DesignArt Networks, Digital Fountain, ELATA, Empowered Careers, Epos, Euvision Technologies, FatSkunk, Firethorn, Flarion Technologies, FleetAdvisor, HaloIPT, InnoPath Software, Iridigm Display Corporation, Now Software, NuVia Inc., Nuvia, Orb Networks, Pixtronix, QUALCOMM CDMA Technologies Asia-Pacific Pte. Ltd., Qualcomm Atheros, Qualcomm Technologies Inc., Qualcomm Technologies International Ltd., Qualphone, RF360 Europe GmbH, RF360 Holdings, RF360 Singapore Pte. Ltd., Rapid Bridge, Sandbridge Technologies, Scyfer, SnapTrack, SoftMax, Spike Technologies, Stonestreet One, Summit Microelectronics, Sylectus, Tapioca Mobile, TeleCIS Wireless, Trigenix, Twenty Billion Neorons, Ubicom, Ultra-Scan Corporation, Veoneer, Wikitude, Wilocity, Within Technology, Xiam, forextrading4p, iSkoot, kooaba, and nPhase.
Read More
How can I contact QUALCOMM?

QUALCOMM's mailing address is 5775 MOREHOUSE DRIVE, SAN DIEGO CA, 92121. The official website for the company is www.qualcomm.com. The wireless technology company can be reached via phone at (858) 587-1121, via email at ir@qualcomm.com, or via fax at 858-658-2100.

This page (NASDAQ:QCOM) was last updated on 5/22/2023 by MarketBeat.com Staff

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