QUALCOMM Inc

QUALCOMM Inc Stock Forecast & Price Prediction

Live QUALCOMM Inc Stock (QCOM) Price
$156.46

39

Ratings

  • Buy 21
  • Hold 17
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$156.46

P/E Ratio

17.50

Volume Traded Today

$8.4M

Dividend

$0.85

52 Week High/low

230.63/134.94

QUALCOMM Inc Market Cap

$173.83B

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QCOM Summary

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.

QCOM Analyst Ratings

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.

QCOM stock forecast by analyst

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

QCOM Company Information

What They Do: Develops and commercializes wireless technologies.

Business Model: The company operates through three segments: QCT, QTL, and QSI. QCT generates revenue by developing integrated circuits and system software for mobile devices and IoT products. QTL earns money by licensing its extensive intellectual property portfolio related to wireless technologies, while QSI focuses on investments in early-stage companies across various sectors, including 5G and AI.

Other Information: Founded in 1985 and headquartered in San Diego, Qualcomm plays a significant role in the wireless industry, particularly in the development of 5G technology. It also provides services and products to U.S. government agencies, enhancing its revenue streams.
QCOM
QUALCOMM Inc (QCOM)

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

QUALCOMM Inc (QCOM) Financial Data

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

$23.53B

Revenue From 2021

$33.57B

42.65 %
From Previous Year

Revenue From 2022

$44.20B

31.68 %
From Previous Year

Revenue From 2023

$35.82B

-18.96 %
From Previous Year
  • Revenue TTM $38.96B
  • Operating Margin TTM 26.3%
  • Gross profit TTM $21.90B
  • Return on assets TTM 12.1%
  • Return on equity TTM 42.3%
  • Profit Margin 26.0%
  • Book Value Per Share 23.61%
  • Market capitalisation $173.83B
  • Revenue for 2021 $33.57B
  • Revenue for 2022 $44.20B
  • Revenue for 2023 $35.82B
  • EPS this year (TTM) $8.94

QUALCOMM Inc (QCOM) Latest News

News Image

Mon, 09 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - The Motley Fool

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.

News Image

Wed, 04 Dec 2024

Sentiment - NEGATIVE

Source - Proactive Investors

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.

News Image

Tue, 03 Dec 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Mon, 02 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 03 Dec 2024

Sentiment - NEUTRAL

Source - Forbes

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.

...

QCOM Frequently asked questions

The highest forecasted price for QCOM is $270 from Ivan Feinseth at Tigress Financial.

The lowest forecasted price for QCOM is $160 from Harsh Kumar from Piper Sandler

The QCOM analyst ratings consensus are 21 buy ratings, 17 hold ratings, and 1 sell ratings.