Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
QUALCOMM Inc Market Cap
The QUALCOMM Inc (QCOM) share price is expected to increase by 25.43% over the next year. This is based on calculating the average 12-month share price estimate provided by 23 stock analysts who have covered QCOM. Price targets range from $132 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 23 Wall St Analyst ratings. There are 10 buy ratings, 13 ratings, and 0 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 |
|---|---|---|---|---|
| Chris Caso Wolfe Research | Peer Perform | Downgrade | Aug 12, 2024 | |
| Ross Seymore Deutsche Bank | Hold | $170 | Maintains | Aug 1, 2024 |
| Kevin Cassidy Rosenblatt | Buy | $250 | Maintains | Aug 1, 2024 |
| Tom O'Malley Barclays | Overweight | $200 | Maintains | Aug 1, 2024 |
| Harsh Kumar Piper Sandler | Overweight | $205 | Reiterates | Aug 1, 2024 |
| C J Muse Cantor Fitzgerald | Neutral | $215 | Reiterates | Aug 1, 2024 |
| Kevin Garrigan WestPark Capital | Hold | Reiterates | Aug 1, 2024 | |
| Aaron Rakers Wells Fargo | Underweight | $170 | Maintains | Aug 1, 2024 |
| Kevin Garrigan WestPark Capital | Hold | Reiterates | Jul 30, 2024 | |
| Tristan Gerra Baird | Outperform | $250 | Maintains | Jul 23, 2024 |
| Christopher Rolland Susquehanna | Positive | $250 | Maintains | Jul 17, 2024 |
| Frank Lee HSBC | Hold | $200 | Downgrade | Jul 17, 2024 |
| C J Muse Cantor Fitzgerald | Neutral | $215 | Maintains | Jul 16, 2024 |
| Christopher Danely Citigroup | Neutral | $200 | Maintains | Jul 15, 2024 |
| John Vinh Keybanc | Overweight | $225 | Maintains | Jul 9, 2024 |
| Ivan Feinseth Tigress Financial | Buy | $270 | Maintains | Jun 21, 2024 |
| Matt Ramsay TD Cowen | Buy | $235 | Maintains | Jun 4, 2024 |
| Tal Liani B of A Securities | Buy | $245 | Maintains | May 31, 2024 |
| Vijay Rakesh Mizuho | Buy | $240 | Maintains | May 31, 2024 |
| Jim Kelleher Argus Research | Buy | $205 | Maintains | May 7, 2024 |
When did it IPO
1991
Staff Count
50,000
Country
United States
Sector/Industry
Technology/Semiconductors
CEO
Market Cap
$193.76B
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
Thu, 12 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Qualcomm and Aramco have partnered to enhance digital transformation in industrial operations using Advanced AI and 5G technologies.
Why It Matters - Collaboration between Qualcomm and Aramco signals growth in AI and 5G sectors, potentially enhancing efficiencies and profitability in industrial operations, which can drive stock performance.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - MathWorks has released a hardware support package for the Qualcomm Hexagon Neural Processing Unit, enhancing its software capabilities for AI and machine learning applications.
Why It Matters - MathWorks' support for Qualcomm's Hexagon NPU enhances software capabilities in AI and machine learning, potentially boosting demand for both companies' products and impacting stock performance.
Mon, 09 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Qualcomm (QCOM) is gaining attention among Zacks.com users, indicating potential interest and activity that could influence the stock's future performance.
Why It Matters - Increased interest in Qualcomm indicates potential stock volatility and investment opportunities, influencing trading strategies and market sentiment.
Mon, 09 Sep 2024
Sentiment - NEGATIVE
Source - The Motley Fool
Summary - Intel is facing a cash crunch and may consider selling parts of its business to generate capital.
Why It Matters - Intel's cash crunch and potential asset sales may signal financial instability, impacting stock value and investor confidence while altering its market position and growth strategy.
Thu, 05 Sep 2024
Sentiment - POSITIVE
Source - Reuters
Summary - Qualcomm is considering acquiring parts of Intel's design business to enhance its product offerings, as reported by sources familiar with the situation.
Why It Matters - Qualcomm's potential acquisition of Intel's design business could enhance its product offerings, driving growth and competitiveness, which may positively impact stock performance and investor sentiment.
Fri, 06 Sep 2024
Sentiment - NEUTRAL
Source - Invezz
Summary - Qualcomm is considering acquiring Intel's design business to enhance its product lineup following its entry into the computer processor market.
Why It Matters - Qualcomm's interest in Intel's design business could enhance its competitive position in the processor market, potentially increasing market share and driving future revenue growth.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
