QUALCOMM Incorporated (QCOM)

NASDAQ: QCOM · IEX Real-Time Price · USD
144.63
-1.23 (-0.84%)
At close: Dec 29, 2023, 4:00 PM
144.40
-0.23 (-0.16%)
After-hours: Dec 29, 2023, 7:52 PM EST
-0.84%
Market Cap 160.97B
Revenue (ttm) 35.82B
Net Income (ttm) 7.23B
Shares Out 1.11B
EPS (ttm) 6.42
PE Ratio 22.53
Forward PE 15.40
Dividend $3.20 (2.21%)
Ex-Dividend Date Nov 29, 2023
Volume 4,839,267
Open 145.41
Previous Close 145.86
Day's Range 143.79 - 145.62
52-Week Range 101.47 - 146.89
Beta 1.26
Analysts Buy
Price Target 135.89 (-6.04%)
Earnings Date Feb 1, 2024

About QCOM

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry 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 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products. The QTL segment grants lice... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Dec 13, 1991
Employees 50,000
Stock Exchange NASDAQ
Ticker Symbol QCOM
Full Company Profile

Financial Performance

In 2023, QUALCOMM's revenue was $35.82 billion, a decrease of -18.96% compared to the previous year's $44.20 billion. Earnings were $7.23 billion, a decrease of -44.09%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for QCOM stock is "Buy." The 12-month stock price forecast is $135.89, which is a decrease of -6.04% from the latest price.

Price Target
$135.89
(-6.04% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Final Trades: CALF, Qualcomm, Diamondback Energy and Taiwan Semi

Here are today's final trades from the Investment Committee.

Other symbols: FANGTSMCALF
5 days ago - CNBC Television

We've very bullish on semiconductors going into 2024, says BofA's Vivek Arya

Vivek Arya, Bank of America senior semiconductor analyst, joins 'Squawk Box' to discuss the state of the semiconductor industry, Micron's quarterly earnings results, industry outlook in 2024, and more...

10 days ago - CNBC Television

Will Qualcomm Stock Return To Pre-Inflation Shock Highs Of $190?

Qualcomm stock currently trades at $133 per share, roughly 30% below its pre-inflation shock high of $189, seen in December 2021, and has the potential for meaningful gains. QCOM saw its stock trading...

20 days ago - Forbes

Qualcomm vs Qorvo stock: Morgan Stanley analyst picks a side

November was a strong month for both Qorvo Inc (NASDAQ: QRVO) and Qualcomm Inc (NASDAQ: QCOM) but a Morgan Stanley analyst recommends owning only one of them.

Other symbols: QRVO
21 days ago - Invezz

Calls of the Day: Qualcomm, Lam Research and Transocean

Qualcomm and Lam Research getting downgraded at Morgan Stanley while Evercore is out with their top oil picks of 2024. CNBC's Halftime Committee debates the calls.

Other symbols: LRCXRIG
23 days ago - CNBC Television

American Industrial Partners Capital Fund VII to Acquire Veoneer's Restraint Control Systems Business

STOCKHOLM and NEW YORK , Dec. 6, 2023 /PRNewswire/ -- The automotive technology company Veoneer today announced that it has entered into an agreement with an investment fund managed by American Indust...

25 days ago - PRNewsWire

The nucleus of the economy is the semiconductor chip, says Virtus Investment's Joe Terranova

Joe Terranova, Virtus Investment Partners chief market strategist, joins 'Power Lunch' to take on the growth versus value debate and offer his market outlook.

4 weeks ago - CNBC Television

Iridium announces end of Qualcomm satellite-to-phone partnership

The move comes as major players pursue the nascent market to connect unmodified phones directly to satellites.

Other symbols: IRDM
7 weeks ago - CNBC

6 Stocks to Play AI on Consumer Devices

AI capabilities will likely be coming to smartphones, wearable devices, autonomous cars, and more.

Other symbols: AMDDELLHPQINTCLNVGY
7 weeks ago - Barrons

3 reasons Qualcomm might be the easiest buy this month

Up to last week, shares of chipmaker Qualcomm Inc NASDAQ: QCOM had been trading largely sideways since this time last year, with several recent attempts from the bears to send them down to fresh lows....

7 weeks ago - MarketBeat

A flying taxi company and other stock bets that will work even in a tough market ahead, says this hedge-fund manager

Can the S&P 500 SPX squeak by with another winning session? Watch for comments from Fed Chairman Jerome Powell to come and another bond auction.

Other symbols: ENVHYJOBYMCWRCMTDG
7 weeks ago - Market Watch

Samsung, Qualcomm flag concerns with India's push for live TV on phones

Samsung and Qualcomm are among those opposing India's choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device's cost by $30, accord...

Other symbols: SSNLF
7 weeks ago - Reuters

These tech stocks scored this earnings season even as AI hype slowed — and the winner isn't Nvidia

The hype around artificial intelligence was taken down a notch in the third quarter, as Big Tech companies came under pressure to show results in what has become the largest technological shift since ...

7 weeks ago - Market Watch

China's President Xi to meet business executives in Silicon Valley: report

Chinese President Xi Jinping is scheduled to sit down with hundreds of business leaders over dinner next week when the Asia-Pacific Economic Cooperation summit takes place in San Francisco, according ...

Other symbols: AAPL
7 weeks ago - Market Watch

Qualcomm's stock rises toward longest winning streak since 2019

Qualcomm Inc. shares QCOM, +0.43% are rising 0.6% in Tuesday morning trading and on track to extend their winning streak into a ninth consecutive session. That would mark the stock's longest streak of...

7 weeks ago - Market Watch

3 Buys and a bail: Qualcomm, Charles Schwab, First Solar & Target

Delano Saporu, New Street Advisors CEO, joins 'The Exchange' to share three buys and a bail, including Qualcomm, Charles Schwab, First Solar and Target.

Other symbols: FSLRSCHWTGT
2 months ago - CNBC Television

Qualcomm Shares Surge as Its Results Top Estimates on Rising Smartphone Demand

Qualcomm (QCOM) shares jumped over 6% in intraday trading Thursday after the chipmaker posted better-than-expected results and guidance on increasing demand for mobile phones.

2 months ago - Investopedia

Cramer's Mad Dash: Qualcomm

CNBC's Jim Cramer delivers his daily Mad Dash.

2 months ago - CNBC Television

Qualcomm Signals Smartphone Recovery. Where Analysts See the Stock Going.

The chip maker's relationship with Apple remains a question over its shares after its earnings beat.

2 months ago - Barrons

Qualcomm has a big opportunity in PC market: Analyst

Qualcomm (QCOM) reported fourth quarter earnings topped estimates. The chip company reported adjusted earnings of $2.02 per share versus estimates of $1.92.

2 months ago - Yahoo Finance

Qualcomm Earnings Beats Estimates. The Stock Is Rising.

Revenue came in at $8.7 billion, which was above analysts' expectations of $8.5 billion.

2 months ago - Barrons

Qualcomm's stock rises after chip maker's earnings top views

Shares of Qualcomm Inc. broke a streak of post-quarterly-results losses late Wednesday, as the chip maker gave investors a reason to stay positive about the current quarter.

2 months ago - Market Watch

Qualcomm beats expectations for earnings and sales, gives strong forecast for current quarter

At the midpoint of Qualcomm's guidance, revenue will grow slightly during the current quarter compared to last year.

2 months ago - CNBC

Qualcomm Earnings Release Available on Company's Investor Relations Website

SAN DIEGO--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company's financial results for its fourth quarter and fiscal 2023 through an earnings release that is available on...

2 months ago - Business Wire

Qualcomm earnings: What to expect from the chip maker

Qualcomm Inc.'s stock will look to snap a streak of five straight post-earnings declines when the chip maker posts fiscal fourth-quarter results Wednesday afternoon.

2 months ago - Market Watch