QUALCOMM Incorporated (QCOM)
| Market Cap | 171.39B |
| Revenue (ttm) | 38.96B |
| Net Income (ttm) | 10.14B |
| Shares Out | 1.11B |
| EPS (ttm) | 8.97 |
| PE Ratio | 17.20 |
| Forward PE | 13.77 |
| Dividend | $3.40 (2.20%) |
| Ex-Dividend Date | Dec 5, 2024 |
| Volume | 14,340,080 |
| Open | 164.00 |
| Previous Close | 164.71 |
| Day's Range | 152.95 - 164.20 |
| 52-Week Range | 125.67 - 230.63 |
| Beta | 1.29 |
| Analysts | Buy |
| Price Target | 210.17 (+36.24%) |
| 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]
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 StatementsAnalyst 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 36.24% from the latest price.
News
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.
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...
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.
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.
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,
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.
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...
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...
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.
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...
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 ...
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...
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...
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 ...
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...
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.
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...
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...
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...
Qualcomm Reports Q4 Beat, Analysts Divided Over Prospects Of The Handset Market
Shares of Qualcomm Inc QCOM remained volatile in early trading on Thursday, after the company reported upbeat fiscal fourth-quarter results.
Options Trades in QCOM, ARM
Alex Coffey discusses markets hitting new all-time highs on Thursday, and places example trades on Qualcomm (QCOM) and Arm Holdings (ARM) after earnings on today's The Daily Trader,
Qualcomm Q4: Strong Growth With $15 Billion Stock Repurchase Authorization
I reiterate a 'Sell' rating on Qualcomm, citing concerns over Apple's potential shift to in-house 5G modems, impacting Qualcomm's future growth. Despite Qualcomm's strong Q4 results and new $15 billio...
Qualcomm Stock Is Still a Buy After Earnings, Buyback News
Qualcomm stock is higher Thursday after the tech giant beat earnings and unveiled a big stock buyback program. Here's what Wall Street is saying.
Chip Demand and A.I. to Drive QCOM & ARM Higher
Qualcomm (QCOM) is rallying Thursday morning after a strong earnings report. Olivier Blanchard from the Futurum Group thinks the changes the company has made over the last 10 years puts it in a strong...
Buy, Sell, Or Hold Qualcomm Stock?
Mobile chipset major Qualcomm (NASDAQ: QCOM) posted a better-than-expected set of Q4 FY'24 yesterday and guided better-than-expected numbers for the holiday quarter, driving the stock up by about 6% i...