QUALCOMM Incorporated with ticker code (QCOM) now have 28 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 285 and 95 calculating the average target price we see $142.82. Given that the stocks previous close was at $117.66 this is indicating there is a potential upside of 21.4%. Also worth taking note is the 50 day moving average now sits at $120.24 and the 200 day MA is $119.46. The market cap for the company is 129.86B. The current share price for the company is: 116.57 USD
The potential market cap would be $157,627,564,238 based on the market consensus.
The company has a dividend yield of 2.88%. Other points of data to note are a P/E ratio of 12.43, revenue per share of 34.52 and a 13.08% return on assets.
Qualcomm Incorporated is engaged in the development and commercialization of foundational technologies for the wireless industry. The Company’s segments Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL) and Qualcomm Strategic Initiatives (QSI). QCT segment develops and supplies integrated circuits and system software based on third generation/fourth generation/fifth generation (3G/4G/5G) and other technologies for use in wireless voice and data communications, networking, computing, multimedia and global positioning system (GPS) products. QTL Segment grants licenses or otherwise provides rights to use portions of its intellectual property portfolio, which, among other rights, includes certain patent rights essential to and/or useful in the manufacture, sale and/or use of certain wireless products, including, without limitation, products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives. QSI Segment makes strategic investments.
