QUALCOMM Incorporated which can be found using ticker (QCOM) have now 28 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 285 and 100 and has a mean target at $142.93. Now with the previous closing price of $110.43 this would imply there is now a potential upside of 29.4%. It’s also worth noting that there is a 50 day moving average of $116.02 while the 200 day moving average is $118.28. The total market capitalization for the company now stands at 122.80B. The stock price is currently at: 110.04 USD
The potential market cap would be $158,946,549,410 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 14.38, revenue per share of 34.52 and a 14.83% 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.
