QUALCOMM Incorporated (QCOM)
| Market Cap | 216.72B |
| Revenue (ttm) | 36.41B |
| Net Income (ttm) | 8.39B |
| Shares Out | 1.12B |
| EPS (ttm) | 7.44 |
| PE Ratio | 26.20 |
| Forward PE | 19.07 |
| Dividend | $3.40 (1.75%) |
| Ex-Dividend Date | May 30, 2024 |
| Volume | 2,077,177 |
| Open | 192.90 |
| Previous Close | 193.27 |
| Day's Range | 191.87 - 195.44 |
| 52-Week Range | 101.47 - 196.08 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 181.14 (-6.67%) |
| 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]
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 StatementsAnalyst 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 -6.67% from the latest price.
News
Ampere Computing pairs with Qualcomm on AI, unveils new chip
Ampere Computing on Thursday said it was pairing its chips with those from Qualcomm in a new offering aimed at lowering the power bills from operating artificial intelligence chips.
TensorOpera and Qualcomm Technologies Join Forces to Empower AI Developers with Cutting-Edge Generative AI Solutions
PALO ALTO, Calif.--(BUSINESS WIRE)-- #generativeAI--TensorOpera, Inc., the company providing “Your Generative AI Platform at Scale,” has announced a technology collaboration with Qualcomm Technologies...
Investors eye these 4 top-performing semiconductor stocks for quick returns
Semiconductor stocks have been the front and centre of all financial debates as investors and analysts alike continue to focus on artificial intelligence this year. Having said that, here are the top ...
Final Trades: Pfizer, Vertex, Freeport-McMoran and Qualcomm
The Investment Committee give you their top stocks to watch for the second half.
Calls of the Day: Delta Air Lines, Netflix, Qualcomm, Intel, Huntington, Visa & Mastercard
The Investment Committee discuss the latest Calls of the Day.
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.
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...
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...
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.
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.
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.
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.
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.
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...
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...
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.
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...
QCOM Higher, QRVO & ETSY Lower After Earnings
Qualcomm (QCOM) is higher after earnings. Qorvo (QRVO) is lower despite reporting strong earnings.
Qualcomm Hikes Its Dividend Again: What You Need to Know
Qualcomm stock is higher after beating earnings expectations and raising its dividend.
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.
Nvidia Shares Recover After Bad Day. Qualcomm and Fed Are Helping.
Tech stocks may have been getting a boost from Fed Chairman Jerome Powell
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.
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...
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.