What is QCOM(Qualcomm orporated) average time for price targets to be met?

On average it took 605.56 days on average for the stock forecasts to be realized with a an average price target met ratio 88.85.

QCOM - Qualcomm orporated Stock - Displayed [653 Analyst Price Targets]

QCOM - Qualcomm orporated - Stock Forecast

Technology - Sector

Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

QCOM is currently covered by 24 analysts with an average price target of $190.1. This is a potential upside of $25.39 (15.41%) from yesterday's end of day stock price of $164.71.

Qualcomm orporated's activity chart (see below) currently has 653 price targets and 598 ratings on display. The stock rating distribution of QCOM is 69.3% BUY, 5.26% SELL and 25.44% HOLD.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 88.85% with an average time for these price targets to be met of 605.56 days.

Highest price target for QCOM is $270, Lowest price target is $140, average price target is $190.1.

Most recent stock forecast was given by C J MUSE from CANTOR FITZGERALD on 07-Nov-2024.

Operations

QCOM is a wireless technology company that specializes in developing and commercializing foundational technologies for the wireless industry globally. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI).

The QCT segment

Designs and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, multimedia, application processing, and global positioning system products. These products are used in a wide range of devices, including smartphones, tablets, laptops, and wireless routers.

The QTL segment

Grants licenses or provides rights to use portions of its intellectual property portfolio, which includes various patent rights useful in the manufacture and sale of wireless products. This includes products implementing CDMA2000, WCDMA, LTE, and/or OFDMA-based 5G standards and their derivatives. The company’s licensing business generates significant revenue and is a key driver of its profitability.

The QSI segment

invests in early-stage companies across various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality.