QCOM Stock Overview
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$167.00|
|52 Week High||US$193.58|
|52 Week Low||US$122.17|
|1 Month Change||-10.37%|
|3 Month Change||24.92%|
|1 Year Change||8.67%|
|3 Year Change||232.87%|
|5 Year Change||214.20%|
|Change since IPO||29,588.89%|
Recent News & Updates
With EPS Growth And More, QUALCOMM (NASDAQ:QCOM) Is Interesting
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Qualcomm Extends Automotive Offerings With Snapdragon Ride Vision, Digital Chassis
At CES 2022, the automotive focus continues, with multiple semiconductor makers and car manufacturers touting important new advancements to their digital “mobility” platforms. Modern cars are enormously complex, and many automakers and suppliers have learned that adding multiple, advanced technology offerings into the mix is proving to be a lot more challenging than many initially expected. So, any efforts to simplify the process by “pre-integrating” various pieces can be considered a positive step forward. Qualcomm is extending and combining some of its previous auto-focused initiatives in ways that reflect the increasingly diverse range of needs that the industry now has.
Is Qualcomm Stock A Buy Or Sell As It Hits All-Time Highs?
QUALCOMM Incorporated is a major semi-stock that has rallied a lot over the last two months. There are several reasons for that. Despite recent gains, QCOM isn't expensive. Qualcomm trades at a discount compared to the market, despite its solid growth outlook. In its core business, and in new markets such as IoT and automotive, QCOM has growth potential. Investors may want to wait for a better buying opportunity, but buying today will likely not be a bad idea, either.
QUALCOMM (NASDAQ:QCOM) is Positioned in an Expanding Industry with High-Quality Fundamentals
QUALCOMM Incorporated (NASDAQ:QCOM) is a wireless chipmaker, currently focused on the 5G landscape. The company is highly appealing based on the fundamentals, which is what we are evaluating today.
|QCOM||US Semiconductor||US Market|
Return vs Industry: QCOM underperformed the US Semiconductor industry which returned 17.2% over the past year.
Return vs Market: QCOM underperformed the US Market which returned 4.2% over the past year.
|QCOM Average Weekly Movement||6.6%|
|Semiconductor Industry Average Movement||7.9%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.4%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: QCOM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: QCOM's weekly volatility (6%) has been stable over the past year.
About the Company
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company 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, application processing, multimedia, and global positioning system products.
QUALCOMM Fundamentals Summary
|QCOM fundamental statistics|
Is QCOM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|QCOM income statement (TTM)|
|Cost of Revenue||US$14.26b|
Last Reported Earnings
Sep 26, 2021
Next Earnings Date
Feb 02, 2022
|Earnings per share (EPS)||8.07|
|Net Profit Margin||26.94%|
How did QCOM perform over the long term?See historical performance and comparison
1.6%Current Dividend Yield
Does QCOM pay a reliable dividends?See QCOM dividend history and benchmarks
|QUALCOMM dividend dates|
|Ex Dividend Date||Mar 02 2022|
|Dividend Pay Date||Mar 24 2022|
|Days until Ex dividend||34 days|
|Days until Dividend pay date||56 days|
Does QCOM pay a reliable dividends?See QCOM dividend history and benchmarks
Is QUALCOMM undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: QCOM ($165.45) is trading below our estimate of fair value ($206.06)
Significantly Below Fair Value: QCOM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: QCOM is good value based on its PE Ratio (20.5x) compared to the US Semiconductor industry average (28.1x).
PE vs Market: QCOM is poor value based on its PE Ratio (20.5x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: QCOM is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: QCOM is overvalued based on its PB Ratio (18.6x) compared to the US Semiconductor industry average (4.1x).
How is QUALCOMM forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QCOM's forecast earnings growth (10.7% per year) is above the savings rate (2%).
Earnings vs Market: QCOM's earnings (10.7% per year) are forecast to grow slower than the US market (13% per year).
High Growth Earnings: QCOM's earnings are forecast to grow, but not significantly.
Revenue vs Market: QCOM's revenue (10.6% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: QCOM's revenue (10.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QCOM's Return on Equity is forecast to be very high in 3 years time (46.1%).
How has QUALCOMM performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QCOM has high quality earnings.
Growing Profit Margin: QCOM's current net profit margins (26.9%) are higher than last year (22%).
Past Earnings Growth Analysis
Earnings Trend: QCOM's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: QCOM's earnings growth over the past year (74.9%) exceeds its 5-year average (27.2% per year).
Earnings vs Industry: QCOM earnings growth over the past year (74.9%) underperformed the Semiconductor industry 80.5%.
Return on Equity
High ROE: Whilst QCOM's Return on Equity (90.88%) is outstanding, this metric is skewed due to their high level of debt.
How is QUALCOMM's financial position?
Financial Position Analysis
Short Term Liabilities: QCOM's short term assets ($20.1B) exceed its short term liabilities ($12.0B).
Long Term Liabilities: QCOM's short term assets ($20.1B) exceed its long term liabilities ($19.3B).
Debt to Equity History and Analysis
Debt Level: QCOM's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: QCOM's debt to equity ratio has increased from 37% to 158.2% over the past 5 years.
Debt Coverage: QCOM's debt is well covered by operating cash flow (66.9%).
Interest Coverage: QCOM's interest payments on its debt are well covered by EBIT (27.2x coverage).
What is QUALCOMM current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: QCOM's dividend (1.64%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: QCOM's dividend (1.64%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: QCOM's dividends per share have been stable in the past 10 years.
Growing Dividend: QCOM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (33.3%), QCOM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: QCOM's dividends in 3 years are forecast to be well covered by earnings (23.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Cristiano Amon (51 yo)
Mr. Cristiano Renno Amon has been Chief Executive Officer and Director of QUALCOMM Incorporated since June 30, 2021 and as its President since January 04, 2018. Mr. Amon served as the President of Qualcomm...
CEO Compensation Analysis
Compensation vs Market: Cristiano's total compensation ($USD20.64M) is above average for companies of similar size in the US market ($USD11.47M).
Compensation vs Earnings: Cristiano's compensation has increased by more than 20% in the past year.
Experienced Management: QCOM's management team is considered experienced (2.4 years average tenure).
Experienced Board: QCOM's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: QCOM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
QUALCOMM Incorporated's employee growth, exchange listings and data sources
- Name: QUALCOMM Incorporated
- Ticker: QCOM
- Exchange: NasdaqGS
- Founded: 1985
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: US$187.040b
- Shares outstanding: 1.12b
- Website: https://www.qualcomm.com
Number of Employees
- QUALCOMM Incorporated
- 5775 Morehouse Drive
- San Diego
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/26 23:54|
|End of Day Share Price||2022/01/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.