QCOM - Qualcomm orporated - Stock Forecast

Technology - Sector
Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

QCOM is currently covered by 26 analysts with an average price target of $186.88. This is a potential upside of $21.22 (12.81%) from yesterday's end of day stock price of $165.66.

Qualcomm orporated's activity chart (see below) currently has 582 price targets and 559 ratings on display. The stock rating distribution of QCOM is 75% BUY, 20.69% HOLD and 4.31% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 81.64% with an average time for these price targets to be met of 538.33 days.

Highest price target for QCOM is $205, Lowest price target is $119, average price target is $186.88.

Most recent stock forecast was given by C J MUSE from CANTOR FITZGERALD on 08-Apr-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.

History

Qualcomm was founded in 1985 and is headquartered in San Diego, California.

Currently out of the existing stock ratings of QCOM, 87 are a BUY (75%), 24 are a HOLD (20.69%), 5 are a SELL (4.31%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Hold

190

$26.37 (16.12%)

150

18 days ago

5/8 (62.5%)

$16.38 (9.43%)

51

Buy

205

$41.37 (25.28%)

180

18 days ago

10/19 (52.63%)

$31.38 (18.07%)

233

Buy

160

$-3.63 (-2.22%)

155

2 months 25 days ago

28/32 (87.5%)

$19.6 (13.96%)

243

Buy

165

$1.37 (0.84%)

140

2 months 25 days ago

10/16 (62.5%)

$24.6 (17.52%)

127

Buy

170

$6.37 (3.89%)

160

2 months 25 days ago

13/16 (81.25%)

$29.6 (21.08%)

283

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

On average it took 538.33 days on average for the stock forecasts to be realized with a an average price target met ratio 81.64

Which analyst has the current highest performing score on QCOM (Qualcomm orporated) with a proven track record?

JOHN VINH

Which analyst has the most public recommendations on QCOM (Qualcomm orporated)?

John Vinh works at KEYBANK and has 6 price targets and 3 ratings on QCOM

Which analyst is the currently most bullish on QCOM (Qualcomm orporated)?

Ivan Feinseth with highest potential upside - $74.37

Which analyst is the currently most reserved on QCOM (Qualcomm orporated)?

Tim Long with lowest potential downside - -$109.63

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