QUALCOMM Incorporated (QCOM)
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]
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 StatementsAnalyst 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.
News
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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...
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...
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.
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.
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...
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.
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.
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....
A flying taxi company and other stock bets that will work even in a tough market ahead, says this hedge-fund manager
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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...
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 ...
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 ...
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...
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.
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.
Cramer's Mad Dash: Qualcomm
CNBC's Jim Cramer delivers his daily Mad Dash.
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.
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.
Qualcomm Earnings Beats Estimates. The Stock Is Rising.
Revenue came in at $8.7 billion, which was above analysts' expectations of $8.5 billion.
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.
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.
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...
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.