QUALCOMM Incorporated (QCOM)

NASDAQ: QCOM · Real-Time Price · USD
156.40
-0.53 (-0.34%)
At close: Nov 27, 2024, 4:00 PM
156.42
+0.02 (0.01%)
After-hours: Nov 27, 2024, 7:34 PM EST
-0.34%
Market Cap 173.76B
Revenue (ttm) 38.96B
Net Income (ttm) 10.14B
Shares Out 1.11B
EPS (ttm) 8.97
PE Ratio 17.49
Forward PE 13.97
Dividend $3.40 (2.17%)
Ex-Dividend Date Dec 5, 2024
Volume 6,332,952
Open 156.93
Previous Close 156.93
Day's Range 154.46 - 157.65
52-Week Range 127.49 - 230.63
Beta 1.29
Analysts Buy
Price Target 210.17 (+34.38%)
Earnings Date Nov 6, 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 with advanced connectivity and high-performance, and low-power computing technologies for use in mobile devices; automotive systems for connectivity, digital cockpit, and ADAS/AD; and Io... [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 2024, QUALCOMM's revenue was $38.96 billion, an increase of 8.77% compared to the previous year's $35.82 billion. Earnings were $10.14 billion, an increase of 40.24%.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for QCOM stock is "Buy." The 12-month stock price forecast is $210.17, which is an increase of 34.38% from the latest price.

Price Target
$210.17
(34.38% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Semis won't face much impact from Trump 2.0 tariffs, says Bernstein's Stacy Rasgon

Stacy Rasgon, Bernstein Research U.S. semiconductor senior analyst, joins CNBC's 'The Exchange' to discuss the impact of potential tariffs on the semiconductor sector.

6 hours ago - CNBC Television

Qualcomm: Take Time To Savor Its AI Gains

Qualcomm Incorporated's diversification from smartphones is facing mounting challenges, leading to recent underperformance. Management attempted to drum up more confidence at its recent investor day, ...

11 hours ago - Seeking Alpha

Qualcomm's Interest in an Intel Takeover Is Said to Cool

Qualcomm's interest in pursuing an acquisition of Intel has reportedly cooled as the complexities associated with acquiring all of Intel has made a deal less attractive to Qualcomm. Tom Mackenzie repo...

Other symbols: INTC
1 day ago - Bloomberg Markets and Finance

Qualcomm's interest in buying rival Intel is reportedly fading

Semiconductor maker Qualcomm Inc.'s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.

Other symbols: INTC
1 day ago - Market Watch

Qualcomm's interest in acquiring Intel has cooled, Bloomberg News reports

Qualcomm's interest in acquiring chipmaker Intel is said to have cooled, Bloomberg News reported on Monday, citing people familiar with the matter.

Other symbols: INTC
2 days ago - Reuters

This tech giant is racing now to boost growth and reduce its dependence on Apple

Qualcomm sees its future in cars, laptops and the Internet of Things.

5 days ago - Market Watch

Qualcomm's Shift From Handsets To AI And Automotive Wins Analysts' Confidence

Several Wall Street analysts reiterated Qualcomm Inc QCOM after the company's 2024 investor day.

7 days ago - Benzinga

Qualcomm CEO Says Strategy Working, Confident in Targets

Qualcomm CEO Cristiano Amon says the company's push into new markets is going as planned. Speaking on "Bloomberg Technology," Amon also says he's confident the company will meet its targets and sees P...

7 days ago - Bloomberg Technology

Why Qualcomm's latest diversification plans aren't enough to help its stock

Qualcomm seems to be preparing for a world without Apple business, but one analyst thinks the company's PC targets look aggressive.

7 days ago - Market Watch

CMCSA Network Spin-Offs, DAL Backs Guidance, QCOM 5-Year Financial Targets

Comcast (CMCSA) announced spin-offs for most of the company's networks. Delta Airlines (DAL) says the airline industry is healthy and backed its guidance during the company's investor day.

7 days ago - Schwab Network

Qualcomm Plans for Life After Apple. It's Coming for Intel and AMD.

Qualcomm is aiming for an additional $22 billion in annual revenue from providing chips for PCs, vehicles and the Internet of Things,

Other symbols: AAPLAMDINTC
7 days ago - Barrons

We are really focused on diversifying and growing, says Qualcomm CEO Cristiano Amon

Cristiano Amon, Qualcomm CEO, joins 'Closing Bell Overtime' to talk its investors day, growth targets, and more.

8 days ago - CNBC Television

Qualcomm Sets New Growth Targets, Showcasing Company's Opportunity as On-Device AI Accelerates Demand for its Technologies

NEW YORK--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM), a connected computing leader, today outlined its significant opportunities for growth and diversification at its 2024 Investor Day. The...

8 days ago - Business Wire

Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones

Qualcomm said at its investor day on Tuesday that it expects its so-called internet of things business to more than quadruple in sales by 2029 to around $22 billion. CEO Cristiano Amon took over Qualc...

8 days ago - CNBC

Qualcomm expects $12 bln in revenue from autos, PC chips in five years

Qualcomm expects $8 billion in automotive chip revenue and $4 billion in PC chip sales by fiscal 2029, it said at an investor event held in New York on Tuesday.

8 days ago - Reuters

Qualcomm: Is It Still A Good Buy With China Risks In 2025

Qualcomm remains a strong semiconductor investment, replacing Intel with a conservative IT play due to its high free cash flow, dividend growth, and significant share buybacks. Despite a recent dip, Q...

8 days ago - Seeking Alpha

Why Qualcomm's Growth Looks Unstoppable

Qualcomm posted $10.2 billion in Q4 revenue (+18% YoY) with 35% YoY EPS growth. Record $899 million in automotive revenue (+68% YoY), driven by new vehicle content and AI platforms. IoT revenues grew ...

9 days ago - Seeking Alpha

Qualcomm: Why I'm Bullish On Both Fundamental And Technical Indicators

Despite strong 4Q FY2024 earnings, Qualcomm's stock fell below its pre-earnings release level due to a broader semi sector pullback and rising geopolitical risks under Trump's administration. 1Q FY202...

9 days ago - Seeking Alpha

Qualcomm Q4: Look Beyond Short-Term Headwinds, Focus On The Long-Term Edge AI Picture

Qualcomm's underperformance is due to concerns over Chinese revenue exposure, Apple's in-house 5G modem, and a licensing dispute with Arm, overshadowing its long-term growth potential. Q4 results were...

10 days ago - Seeking Alpha

5G Chipset Market Size to Worth USD 3889 Billion by 2033 | Straits Research

The global 5G chipset market size was valued at USD 137.76 billion in 2024 and is projected to reach from USD 257.89 billion in 2025 to USD 3889 billion by 2033, growing at a CAGR of 87.2% during the ...

13 days ago - GlobeNewsWire

Viettel Launches the World's First O-RAN 5G Network Utilizing Qualcomm Chipset Platforms

HANOI, Vietnam , Nov. 13, 2024 /PRNewswire/ -- At "5G Open RAN Connect" conference, Viettel announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-hou...

14 days ago - PRNewsWire

Qualcomm Stock: Why It's Time To Ignore The Noise And Buy This Cash Cow

Qualcomm reported Q4 earnings last week. The company continues to see solid growth and to generate tons of cash. While there are risks, the potential benefits make QCOM a Buy.

15 days ago - Seeking Alpha

Qualcomm: Q4 Earnings, Game-Changing AI Results

Qualcomm's shares have stagnated, but AI smartphone growth is just starting and will significantly benefit Qualcomm, making shares a strong buy. Qualcomm's Q4 earnings exceeded expectations, with impr...

17 days ago - Seeking Alpha

Qualcomm Q4: Exciting Developments, But Apple Discount Remains (Downgrade)

Qualcomm Incorporated delivered strong Q4 earnings, beating estimates and showing revenue growth, particularly in the QCT segment, with improved EBIT margins and raised guidance. Despite positive earn...

19 days ago - Seeking Alpha

Qualcomm's Exciting Q4 Earnings Justify Investing

Qualcomm Incorporated's strong fiscal Q4 financials include over $10 billion in revenue, annualized EPS of $10/share, and a P/E ratio in the high teens. The company's guidance forecasts nearly $11 bil...

19 days ago - Seeking Alpha