QUALCOMM Future Growth

Future criteria checks 2/6

QUALCOMM is forecast to grow earnings and revenue by 7% and 6.8% per annum respectively. EPS is expected to grow by 7.2% per annum. Return on equity is forecast to be 36.5% in 3 years.

Key information

7.0%

Earnings growth rate

7.2%

EPS growth rate

Semiconductor earnings growth	0%
Revenue growth rate	6.8%
Future return on equity	36.5%
Analyst coverage	Good
Last updated	15 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

BUL:QCI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2027	47,176	12,581	13,613	15,897	10
9/30/2026	45,566	11,300	14,039	15,075	30
9/30/2025	42,590	10,102	12,285	13,934	30
9/29/2024	38,962	10,110	11,161	12,202	N/A
6/23/2024	37,349	8,824	12,567	13,645	N/A
3/24/2024	36,407	8,451	12,253	13,250	N/A
12/24/2023	36,292	7,877	9,887	11,153	N/A
9/24/2023	35,820	7,339	9,849	11,299	N/A
6/25/2023	38,584	8,633	6,864	8,655	N/A
3/26/2023	41,070	10,628	6,854	8,893	N/A
12/25/2022	42,958	11,860	8,057	10,134	N/A
9/25/2022	44,200	12,986	6,834	9,096	N/A
6/26/2022	42,141	12,861	6,669	8,727	N/A
3/27/2022	39,264	11,159	7,195	9,205	N/A
12/26/2021	36,036	9,987	7,416	9,418	N/A
9/26/2021	33,566	9,043	8,648	10,536	N/A
6/27/2021	32,576	9,205	9,394	11,200	N/A
3/28/2021	29,409	8,022	7,981	9,699	N/A
12/27/2020	26,689	6,728	6,291	7,871	N/A
9/27/2020	23,531	5,198	4,407	5,814	N/A
6/28/2020	19,999	2,744	3,924	5,300	N/A
3/29/2020	24,741	4,048	7,131	8,337	N/A
12/29/2019	24,508	4,243	7,017	8,048	N/A
9/29/2019	24,273	4,386	6,399	7,286	N/A
6/30/2019	25,237	3,367	4,907	5,636	N/A
3/31/2019	21,180	2,420	2,085	2,780	N/A
12/30/2018	21,418	2,087	1,792	2,502	N/A
9/30/2018	22,611	-4,964	3,124	3,908	N/A
6/24/2018	22,737	-4,282	N/A	6,755	N/A
3/25/2018	22,531	-4,618	N/A	4,873	N/A
12/24/2017	22,327	-4,199	N/A	5,177	N/A
9/24/2017	22,258	2,445	N/A	5,001	N/A
6/25/2017	22,571	3,896	N/A	4,661	N/A
3/26/2017	23,243	4,474	N/A	6,330	N/A
12/25/2016	23,778	4,889	N/A	6,247	N/A
9/25/2016	23,554	5,705	N/A	7,632	N/A
6/26/2016	22,826	5,168	N/A	7,000	N/A
3/27/2016	22,614	4,908	N/A	7,276	N/A
12/27/2015	23,957	4,797	N/A	5,881	N/A
9/27/2015	25,281	5,271	N/A	5,506	N/A
6/28/2015	26,517	6,103	N/A	5,441	N/A
3/29/2015	27,491	7,157	N/A	5,998	N/A
12/28/2014	26,964	8,064	N/A	8,470	N/A
9/28/2014	26,487	7,537	N/A	8,887	N/A
6/29/2014	26,276	7,144	N/A	9,778	N/A
3/30/2014	25,712	6,486	N/A	9,182	N/A
12/29/2013	25,470	6,392	N/A	9,584	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: QCI's forecast earnings growth (7% per year) is above the savings rate (3%).

Earnings vs Market: QCI's earnings (7% per year) are forecast to grow slower than the BG market (13.8% per year).

High Growth Earnings: QCI's earnings are forecast to grow, but not significantly.

Revenue vs Market: QCI's revenue (6.8% per year) is forecast to grow slower than the BG market (24.7% per year).

High Growth Revenue: QCI's revenue (6.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: QCI's Return on Equity is forecast to be high in 3 years time (36.5%)

QUALCOMM Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

QUALCOMM Incorporated Provides Earnings Guidance for the Second Quarter of Fiscal Year 2024

QUALCOMM Incorporated Provides Earnings Guidance for the First Quarter of Fiscal Year 2024

QUALCOMM Incorporated Reports Earnings Guidance for the Fourth Quarter of 2023

QUALCOMM Incorporated Reports Earnings Guidance for the Third Quarter of 2023

QUALCOMM Incorporated Provides Earnings Guidance Second Quarter of Fiscal Year 2023

Qualcomm Incorporated Provides Earnings Guidance for First Quarter Fiscal Year 2023

Recent updates

Full year 2024 earnings released: EPS: US$9.06 (vs US$6.57 in FY 2023)

QUALCOMM Incorporated (NasdaqGS:QCOM) announces an Equity Buyback for $15,000 million worth of its shares.

QUALCOMM Incorporated (NasdaqGS:QCOM) announces an Equity Buyback for $15,000 million worth of its shares.

QUALCOMM Incorporated to Report Q4, 2024 Results on Nov 06, 2024

QUALCOMM Incorporated Announces Quarterly Cash Dividend, Payable on December 19, 2024

QUALCOMM Incorporated Appoints Marie Myers to Its Board and Audit Committee

Apollo Reportedly Eyes $5 Billion Investment in Intel

Qualcomm Reportedly Explores Acquiring Pieces Of Intel's Design Business

Third quarter 2024 earnings released: EPS: US$1.89 (vs US$1.56 in 3Q 2023)

Insufficient new directors

Bernstein Litowitz Berger & Grossmann LLP and Motley Rice LLC Announce Proposed Settlement for All Persons or Entities Who Purchased or Otherwise Acquired Common Stock of Qualcomm Inc., Between February 1, 2012 and January 20, 2017, Inclusive

QUALCOMM Incorporated to Report Q3, 2024 Results on Jul 31, 2024

Qualcomm Incorporated Announces Quarterly Cash Dividend, Payable on September 26, 2024

QUALCOMM Incorporated to Report Q2, 2024 Results on May 01, 2024

Qualcomm Announces Quarterly Cash Dividend, Payable on June 20, 2024

QUALCOMM Incorporated Announces Quarterly Cash Dividend, Payable After March 21, 2024

Insufficient new directors

Insufficient new directors

QUALCOMM Incorporated Provides Earnings Guidance for the Second Quarter of Fiscal Year 2024

Qualcomm Incorporated Appoints Akash Palkhiwala as Chief Operating Officer

QUALCOMM Incorporated, Annual General Meeting, Mar 05, 2024

QUALCOMM Incorporated to Report Q1, 2024 Results on Jan 31, 2024

QUALCOMM Incorporated Provides Earnings Guidance for the First Quarter of Fiscal Year 2024

QUALCOMM Incorporated to Report Q4, 2023 Results on Nov 01, 2023

Qualcomm Incorporated Announces Quarterly Cash Dividend, Payable on December 14, 2023

Insider recently sold €2.9m worth of stock

QUALCOMM Incorporated Reports Earnings Guidance for the Fourth Quarter of 2023

Qualcomm Incorporated Announces Quarterly Cash Dividend, Payable on September 21, 2023

QUALCOMM Incorporated Reports Earnings Guidance for the Third Quarter of 2023

QUALCOMM Incorporated Provides Earnings Guidance Second Quarter of Fiscal Year 2023

QUALCOMM Incorporated to Report Q1, 2023 Results on Feb 02, 2023

QUALCOMM Incorporated, Annual General Meeting, Mar 08, 2023

Qualcomm Announces Quarterly Cash Dividend, Payable on March 23, 2023

Qualcomm Incorporated Provides Earnings Guidance for First Quarter Fiscal Year 2023

QUALCOMM Incorporated to Report Q4, 2022 Results on Nov 02, 2022

Qualcomm Announces Quarterly Cash Dividend, Payable on December 15, 2022

Arm Files Lawsuit Against Qualcomm and Nuvia for Breach of License Agreements and Trademark Infringement

Qualcomm Incorporated Announces Quarterly Cash Dividend for Common Share, Payable on September 22, 2022

QUALCOMM Incorporated to Report Q3, 2022 Results on Jul 27, 2022

QUALCOMM Incorporated (NasdaqGS:QCOM) acquired Cellwize Wireless Technologies Pte Ltd. from Viola Ventures, Vintage Ventures Advisors Ltd., Deutsche Telekom Capital Partners Management GmbH, Bright Pixel Capital, Intel Capital Corporation, Qualcomm Ventures LLC and others.

Qualcomm Keen to Buy Arm Stake in Chip Designer's Upcoming IPO

QUALCOMM Incorporated to Report Q2, 2022 Results on Apr 27, 2022

QUALCOMM Incorporated Announces Quarterly Cash Dividend, Payable on June 23, 2022

QUALCOMM Incorporated (NasdaqGS:QCOM) acquired Arriver Software Gmbh from SSW Partners.

High number of new directors

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

QUALCOMM Incorporated Provides Consolidated Earnings Guidance for the Second Quarter of Fiscal Year 2022

Now 21% undervalued

Insider recently sold €1.6m worth of stock

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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