QualcommQCOM
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: 49,000
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
78% more first-time investments, than exits
New positions opened: 317 | Existing positions closed: 178
3% more funds holding
Funds holding: 2,633 [Q3] → 2,718 (+85) [Q4]
1.09% more ownership
Funds ownership: 73.69% [Q3] → 74.78% (+1.09%) [Q4]
6% more repeat investments, than reductions
Existing positions increased: 1,084 | Existing positions reduced: 1,024
7% less capital invested
Capital invested by funds: $139B [Q3] → $129B (-$9.63B) [Q4]
25% less funds holding in top 10
Funds holding in top 10: 100 [Q3] → 75 (-25) [Q4]
32% less call options, than puts
Call options by funds: $3.75B | Put options by funds: $5.54B
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
JP Morgan Samik Chatterjee 51% 1-year accuracy 38 / 75 met price target | 25%upside $185 | Overweight Reinstated | 29 Apr 2025 |
Citigroup Christopher Danely 48% 1-year accuracy 24 / 50 met price target | 2%downside $145 | Neutral Maintained | 11 Apr 2025 |
TD Cowen Joshua Buchalter 10% 1-year accuracy 1 / 10 met price target | 8%upside $160 | Buy Maintained | 9 Apr 2025 |
Benchmark Cody Acree 15% 1-year accuracy 7 / 48 met price target | 62%upside $240 | Buy Reiterated | 7 Feb 2025 |
Evercore ISI Group Mark Lipacis 21% 1-year accuracy 7 / 33 met price target | 21%upside $179 | In-Line Maintained | 6 Feb 2025 |
Financial journalist opinion
Based on 65 articles about QCOM published over the past 30 days
