Shares of QUALCOMM have moved -2.1% today, and are now trading at a price of $149.88. In contrast, the S&P 500 index saw a -1.0% change. Today's trading volume is 994,810 compared to the stock's average volume of 8,953,898.
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 $167,266,091,008. QUALCOMM currently offers its equity investors a dividend that yields 2.1% per year.
The company is now trading -5.94% away from its average analyst target price of $159.35 per share. The 29 analysts following the stock have set target prices ranging from $120.0 to $180.0, and on average give QUALCOMM a rating of buy.
Over the last 52 weeks, QCOM stock has risen 15.7%, which amounts to a -5.7% difference compared to the S&P 500. The stock's 52 week high is $157.98 whereas its 52 week low is $101.47 per share. Based on QUALCOMM's average net margin growth of 11.5% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 35,820,000 | 7,232,000 | 20 | -28.57 |
| 2022 | 44,200,000 | 12,936,000 | 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 |
