QUALCOMM Incorporated (QCOM)

NASDAQ: QCOM · IEX Real-Time Price · USD
188.97
+4.76 (2.58%)
At close: May 14, 2024, 4:00 PM
189.59
+0.62 (0.33%)
Pre-market: May 15, 2024, 6:34 AM EDT
2.58%
Market Cap 210.89B
Revenue (ttm) 36.41B
Net Income (ttm) 8.39B
Shares Out 1.12B
EPS (ttm) 7.44
PE Ratio 25.40
Forward PE 18.49
Dividend $3.40 (1.80%)
Ex-Dividend Date May 30, 2024
Volume 7,698,533
Open 184.51
Previous Close 184.21
Day's Range 184.49 - 189.29
52-Week Range 101.47 - 189.29
Beta 1.33
Analysts Buy
Price Target 181.14 (-4.14%)
Earnings Date May 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 23 analysts, the average rating for QCOM stock is "Buy." The 12-month stock price forecast is $181.14, which is a decrease of -4.14% from the latest price.

Price Target
$181.14
(-4.14% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Final Trades: Pfizer, Vertex, Freeport-McMoran and Qualcomm

The Investment Committee give you their top stocks to watch for the second half.

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17 hours ago - CNBC Television

Calls of the Day: Delta Air Lines, Netflix, Qualcomm, Intel, Huntington, Visa & Mastercard

The Investment Committee discuss the latest Calls of the Day.

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1 day ago - CNBC Television

US blocks some Intel, Qualcomm exports to China over Beijing's objections

The U.S. Commerce Department revoked Intel and Qualcomm export licenses to Chinese firm Huawei after the blacklisted telecommunications firm unveiled a new AI-powered laptop.

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5 days ago - Fox Business

How Are Qualcomm And Other Apple Suppliers Faring This Year?

Our Theme of Apple Component Supplier Stocks, which includes a diverse set of companies that supply components for Apple's Apple devices, has remained roughly flat year to date in 2024, underperformin...

7 days ago - Forbes

Biden Administration Reportedly Blocks Export Of Intel And Qualcomm's Chips To Huawei

U.S. officials have revoked export licenses that allowed U.S. chip makers Intel and Qualcomm to supply semiconductors to Huawei, according to several reports, in the Biden administration's latest effo...

Other symbols: INTC
7 days ago - Forbes

U.S. revokes some export licenses to sell chips to Huawei in a bid to curb China's tech power

Huawei's consumer business is seeing a resurgence after the launch of the Mate 60 Pro smartphone in August.

Other symbols: INTC
7 days ago - CNBC

US Revokes Intel and Qualcomm Licenses to Sell Chips to Huawei

Bloomberg has learned that the US has revoked licenses allowing Huawei Technologies Co. to buy semiconductors from Qualcomm Inc. and Intel Corp. Jodi Schneider reports on Bloomberg Television.

Other symbols: INTC
7 days ago - Bloomberg Markets and Finance

Red Hat and Qualcomm Set Course For Software-Defined Vehicle Innovation

DENVER - RED HAT SUMMIT 2024--(BUSINESS WIRE)--Collaboration around new cloud-based testing platform provides a path to revolutionizing how automakers test, develop and deploy new SDV features.

7 days ago - Business Wire

Qualcomm's Smartphone Future Looks Brighter With AI

AI-enabled smartphones and PCs should help the maker of wireless chips, which remains among the cheapest in semiconductor stocks.

9 days ago - WSJ

Qualcomm CEO on automotive investments: 'As new cars are launched you'll start to see the benefits'

Cristiano Amon, Qualcomm CEO, joins 'Closing Bell Overtime' to talk quarterly results, its automotive endeavors, diversification and more.

12 days ago - CNBC Television

Semiconductors: Where the US stands compared to the rest of the world

Chip stocks are on the rise, making up nearly 10% of the S&P 500 (^GSPC) and accounting for nearly half of this year's gains. Yahoo Finance's Akiko Fujita breaks down why semiconductors are so importa...

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12 days ago - Yahoo Finance

Qualcomm CFO: 'We're very happy' about smartphone and AI demand

Qualcomm Inc. (QCOM) has issued an upbeat sales outlook, boosted by the chipmaker's anticipation of a resurgence in smartphone demand from China. To delve deeper into this forecast, Qualcomm's Chief F...

12 days ago - Yahoo Finance

Three-Stock Lunch: Carvana, Qualcomm & MetLife

Scott Nations, Nations Indexes president, joins 'Power Lunch' to discuss stock plays for three stocks, including Carvana, Qualcomm and MetLife.

Other symbols: CVNAMET
12 days ago - CNBC Television

Qualcomm CEO Amon on Smartphone Demand, China and AI

Qualcomm shares soared as much as 10% after the world's biggest seller of smartphone processors gave an upbeat forecast, suggesting that demand for handsets is increasing after a two-year slump. Qualc...

12 days ago - Bloomberg Technology

QCOM Higher, QRVO & ETSY Lower After Earnings

Qualcomm (QCOM) is higher after earnings. Qorvo (QRVO) is lower despite reporting strong earnings.

Other symbols: ETSYQRVO
12 days ago - Schwab Network

Qualcomm Hikes Its Dividend Again: What You Need to Know

Qualcomm stock is higher after beating earnings expectations and raising its dividend.

12 days ago - Kiplinger

Qualcomm jumps as AI sparks rebound in Chinese smartphone market

Qualcomm shares rose 4% in premarket trading on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, after a two-year slump.

12 days ago - Reuters

Highly ranked manager who bet on Mag 7 giants looks to these second-order winners from AI

Large-cap growth funds have been in the sweet spot for a few years now, thanks to megacap tech holdings.

13 days ago - Market Watch

Nvidia Shares Recover After Bad Day. Qualcomm and Fed Are Helping.

Tech stocks may have been getting a boost from Fed Chairman Jerome Powell

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13 days ago - Barrons

Qualcomm's tie to China is 'substantial' with its mobile device chips, analyst says

Daniel Newman, CEO of The Futurum Group, discusses Qualcomm's earnings and outlook.

13 days ago - CNBC International TV

Qualcomm Stock Jumps as AI-Equipped Smartphones Drive Better-Than-Expected Outlook

Qualcomm (QCOM) shares jumped more than 4% in extended Wednesday after the mobile phone chip giant posted strong earnings and a better-than-expected current-quarter outlook amid growing demand for art...

13 days ago - Investopedia

Chipmaker Qualcomm's Stock Gains on Earnings, Revenue Beat

Qualcomm (QCOM) shares gained over 4% in extended trading Wednesday after the chipmaker reported earnings for the second fiscal quarter that beat analysts' estimates.

13 days ago - Investopedia

Qualcomm results show a supercycle on the horizon: Analyst

Qualcomm Inc. (QCOM) reported its second quarter earnings results, beating analyst estimates on both the top and bottom lines. The semiconductor giant second quarter adjusted earnings of $2.44 per sha...

13 days ago - Yahoo Finance

QCOM, EBAY, QRVO: Earnings Just Released

Qualcomm's (QCOM) 2Q adjusted EPS came in at $2.44 versus an estimated $2.30 and its revenue came in at $9.40B versus an estimated $9.32B. eBay's (EBAY) 1Q adjusted EPS came in at $1.25 versus an esti...

Other symbols: EBAYQRVO
13 days ago - Schwab Network

Qualcomm shares spike on earnings and revenue beat

David Zervos, Jefferies chief market strategist, and Victoria Greene, G Squared Private Wealth CIO, join 'Closing Bell Overtime' to talk Qualcomm quarterly results.

13 days ago - CNBC Television