The QUALCOMM Inc (QCOM) share price is expected to increase by 31.45% over the next year. This is based on calculating the average 12-month share price estimate provided by 39 stock analysts who have covered QCOM. Price targets range from $160 at the low end to $270 at the high end. The current analyst consensus for QCOM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
QUALCOMM Inc has a total of 39 Wall St Analyst ratings. There are 21 buy ratings, 17 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that QUALCOMM Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of QCOM.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Ben Reitzes Melius Research | Hold | $180 | Initiates | Dec 9, 2024 |
Christopher Rolland Susquehanna | Positive | $210 | Maintains | Nov 20, 2024 |
C J Muse Cantor Fitzgerald | Neutral | $160 | Reiterates | Nov 20, 2024 |
Gary Mobley Loop Capital | Hold | $180 | Initiates | Nov 11, 2024 |
Mark Lipacis Evercore ISI Group | In-Line | $199 | Maintains | Nov 7, 2024 |
C J Muse Cantor Fitzgerald | Neutral | $160 | Reiterates | Nov 7, 2024 |
Aaron Rakers Wells Fargo | Underweight | $175 | Maintains | Nov 7, 2024 |
Cody Acree Benchmark | Buy | $240 | Reiterates | Nov 7, 2024 |
Stacy Rasgon Bernstein | Outperform | $215 | Maintains | Nov 7, 2024 |
Samik Chatterjee JP Morgan | Overweight | $200 | Maintains | Nov 7, 2024 |
Joseph Moore Morgan Stanley | Equal-Weight | $204 | Maintains | Nov 7, 2024 |
Timothy Arcuri UBS | Neutral | $190 | Maintains | Nov 7, 2024 |
Samik Chatterjee JP Morgan | Overweight | $195 | Maintains | Nov 5, 2024 |
Christopher Rolland Susquehanna | Positive | $230 | Maintains | Oct 21, 2024 |
Christopher Danely Citigroup | Neutral | $185 | Maintains | Oct 16, 2024 |
C J Muse Cantor Fitzgerald | Neutral | $160 | Maintains | Oct 8, 2024 |
John Vinh Keybanc | Sector Weight | Downgrade | Oct 8, 2024 | |
Samik Chatterjee JP Morgan | Overweight | $210 | Maintains | Sep 17, 2024 |
Chris Caso Wolfe Research | Peer Perform | Downgrade | Aug 12, 2024 | |
Harsh Kumar Piper Sandler | Overweight | $205 | Reiterates | Aug 1, 2024 |
When did it IPO
1991
Staff Count
49,000
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Mr. Cristiano Renno Amon
Market Cap
$173.83B
In 2023, QCOM generated $35.82B in revenue, which was a decrease of -18.96% from the previous year. This can be seen as a signal that QCOM's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Qualcomm (QCOM) is attracting increased attention from Zacks.com users, highlighting factors that may influence the stock's future performance.
Why It Matters - Increased attention on Qualcomm indicates heightened investor interest, potentially influencing stock volatility and future price movements. Monitoring these factors is crucial for investment decisions.
Summary - Semiconductor stocks are experiencing strong performance in 2024, driven by increased demand for artificial intelligence technologies.
Why It Matters - Rising demand for AI boosts semiconductor stock performance, indicating growth potential in the tech sector and influencing investment strategies.
Summary - Chinese industry groups have warned local companies against purchasing US chips, potentially impacting Qualcomm, Intel, and AMD, according to analysts at Wedbush.
Why It Matters - The warning from Chinese industry groups against US chips could reduce demand for major chipmakers like Qualcomm, Intel, and AMD, potentially harming their revenues and market positions.
Summary - Qualcomm stock is down 30% from highs but shows potential for a breakout, supported by strong technical indicators and robust YoY revenue and EPS growth, suggesting it may be undervalued.
Why It Matters - Qualcomm's stock decline presents a buying opportunity as technical indicators signal bullish momentum, while strong fundamentals suggest it may be undervalued, potentially leading to price appreciation.
Summary - Qualcomm, in partnership with Deutsche Telekom and Skylo, has successfully completed a trial of end-to-end SMS transmission via GEO satellite.
Why It Matters - Qualcomm's successful satellite SMS trial enhances its technology portfolio, potentially boosting partnerships and revenue in the satellite communication sector, impacting stock performance positively.
Summary - On 12/5/24, NVIDIA, Qualcomm, and NXP Semiconductors will trade ex-dividend. Upcoming dividends: NVIDIA $0.01 on 12/27/24, Qualcomm $0.85 on 12/19/24, NXP $1.014 on 1/8/25.
Why It Matters - Ex-dividend dates indicate when shares no longer carry the right to receive the upcoming dividend, affecting stock prices and investor returns.