QCOM stock icon

Qualcomm
QCOM

$212.53
1.19%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 41 analysts
0
News positive %
of 82 articles

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

Low target
$140
34%
downside
Avg. target
$183
14%
downside
High target
$270
27%
upside

41 analyst ratings

28 positive
68%
12 neutral
29%
negative
2%
Tigress Financial
Ivan Feinseth
27%upside
$270
Buy
Maintained
21 Jun 2024
TD Cowen
Matt Ramsay
11%upside
$235
Buy
Maintained
4 Jun 2024
Mizuho
Vijay Rakesh
13%upside
$240
Buy
Maintained
31 May 2024
B of A Securities
Tal Liani
15%upside
$245
Buy
Maintained
31 May 2024
Argus Research
Jim Kelleher
4%downside
$205
Buy
Maintained
7 May 2024

Financial journalist opinion

Based on 82 articles about QCOM published over the past 30 days