QUALCOMM Incorporated with ticker code (QCOM) have now 32 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $270.00 and $132.00 suggesting an average Analsyt target price of $209.17. Now with the previous closing price of $163.70 this would imply there is now a potential upside of 27.8%. It’s also worth noting that there is a 50 day moving average of $180.26 and the 200 moving average now moves to $168.72. The market capitalization for the company is 176.22B. Currently the stock stands at: $158.19 USD
The potential market cap would be $225,172,292,328 based on the market consensus.
The company has a dividend yield of 0.77%. Other points of data to note are a P/E ratio of 20.23, revenue per share of $33.46 and a 12.08% 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.
