QualcommQCOM
Market Cap: 201B
About: Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
Employees: 50,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 259 | Existing positions closed: 173
16% more capital invested
Capital invested by funds: $120B [Q4 2023] → $140B (+$19.6B) [Q1 2024]
11% more funds holding in top 10
Funds holding in top 10: 125 [Q4 2023] → 139 (+14) [Q1 2024]
4% more funds holding
Funds holding: 2,446 [Q4 2023] → 2,532 (+86) [Q1 2024]
0.57% less ownership
Funds ownership: 74.61% [Q4 2023] → 74.04% (-0.57%) [Q1 2024]
13% less repeat investments, than reductions
Existing positions increased: 924 | Existing positions reduced: 1,060
49% less call options, than puts
Call options by funds: $4.63B | Put options by funds: $9.1B
Research analyst outlook
41 Wall Street Analysts provided 1 year price forecasts over the past 6 months
41 analyst ratings
Baird Tristan Gerra | 39%upside $250 | Outperform Maintained | 23 Jul 2024 |
Susquehanna Christopher Rolland | 39%upside $250 | Positive Maintained | 17 Jul 2024 |
HSBC Frank Lee | 11%upside $200 | Hold Downgraded | 17 Jul 2024 |
Cantor Fitzgerald C J Muse | 19%upside $215 | Neutral Maintained | 16 Jul 2024 |
Citigroup Christopher Danely | 11%upside $200 | Neutral Maintained | 15 Jul 2024 |
Financial journalist opinion
Based on 61 articles about QCOM published over the past 30 days