Getting to Know the Facts About QUALCOMM

Large-cap Technology company QUALCOMM has logged a -0.1% change today on a trading volume of 1,265,489. The average volume for the stock is 7,947,976.

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. Based in San Diego, United States the company has 50,000 full time employees and a market cap of $143,343,255,552. QUALCOMM currently offers its equity investors a dividend that yields 2.4% per year.

The company is now trading 1.44% away from its average analyst target price of $126.96 per share. The 29 analysts following the stock have set target prices ranging from $91.93 to $147.08, and on average give QUALCOMM a rating of buy.

Over the last 52 weeks, QCOM stock has risen 6.0%, which amounts to a -9.0% difference compared to the S&P 500. The stock's 52 week high is $139.94 whereas its 52 week low is $101.47 per share. Based on QUALCOMM's average net margin growth of 13.3% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 39,826,000 9,779,000 25 -10.71
2022 44,200,000 12,986,000 28 3.7
2021 33,566,000 9,043,000 27 22.73
2020 23,531,000 5,198,000 22 22.22
2019 24,273,000 4,386,000 18 181.82
2018 22,611,000 -4,964,000 -22
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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