QUALCOMM Investors Should Focus on This

Join us for a quick overview of QUALCOMM, a Broadcasting company whose shares moved 0.6% today. Here are some facts about the stock that should help you see the bigger picture:

  • QUALCOMM has moved 26.4% over the last year, and the S&P 500 logged a change of 24.0%

  • QCOM has an average analyst rating of buy and is 11.1% away from its mean target price of $128.25 per share

  • Its trailing earnings per share (EPS) is $6.52

  • QUALCOMM has a trailing 12 month Price to Earnings (P/E) ratio of 21.9 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $9.55 and its forward P/E ratio is 14.9

  • The company has a Price to Book (P/B) ratio of 7.36 in contrast to the S&P 500's average ratio of 2.95

  • QUALCOMM is part of the Technology sector, which has an average P/E ratio of 35.0 and an average P/B of 7.92

  • The company has a free cash flow of $9.82 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • 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 licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and related products to the United States government agencies and their contractors. The company was incorporated in 1985 and is headquartered in San Diego, California.

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.

IN FOCUS