QCOM - QUALCOMM Incorporated
| Previous Close | 79.08 |
| Open | 78.72 |
| Bid | 79.88 x 2200 |
| Ask | 79.89 x 3000 |
| Day's Range | 78.02 - 80.20 |
| 52 Week Range | 48.56 - 82.52 |
| Volume | 37,704,384 |
| Avg. Volume | 17,956,441 |
| Market Cap | 96.692B |
| Beta (3Y Monthly) | 0.92 |
| PE Ratio (TTM) | 51.08 |
| EPS (TTM) | 1.56 |
| Earnings Date | May 1, 2019 |
| Forward Dividend & Yield | 2.48 (4.35%) |
| Ex-Dividend Date | 2019-03-06 |
| 1y Target Est | 68.48 |
Market Realist•4 hours agoQualcomm Gets Multiple Upgrades after Apple Dispute Settlement
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Qualcomm rise after settling a dispute with Apple Qualcomm (QCOM) stock has gained 38.3% and added $30 billion to its market value since it resolved its legal
- Motley Fool•5 hours ago
Why Intel's Smartphone Strategy Went off the Rails (Again)
The chipmaker’s second act in smartphones comes to an abrupt end as Apple switches to Qualcomm.
- Market Realist•5 hours ago
Why Apple Settled Dispute despite Concerns with Qualcomm
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Apple’s concerns with Qualcomm Qualcomm (QCOM) was a major supplier of chips to Apple’s (AAPL) smartphones until the release of the iPhone 7 in September 2016.
Reuters•6 hours agoQualcomm's joint venture with Chinese province to shut down: The Information
The joint venture, Huaxintong Semiconductor (HXT), was formed in 2016 for the design, development and sale of advanced server technology. Executives at the venture said in internal meetings on Thursday that it would close by April 30, The Information said, adding that Qualcomm and Guizhou province had invested a combined $570 million in HXT as of August 2018. Qualcomm did not respond to a request for comment outside regular U.S. business hours.
- Zacks•19 hours ago
Qualcomm (QCOM) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Qualcomm (QCOM) closed at $79.95, marking a +1.1% move from the previous day.
Market Realist•19 hours agoIntel Announces 5G Exit: Can Qualcomm Be Apple’s Chip Supplier?
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Intel’s exit from the 5G phone business On April 16, Intel (INTC) announced that it is planning to exit the 5G smartphone modem market, as it wants to put its
- Investor's Business Daily•20 hours ago
Stocks Churn Amid Big Sector Swings; Qualcomm, UnitedHealth, Netflix, Union Pacific Are Key Weekly Movers
The stock market churned. A Qualcomm-Apple deal led chips. Medical stocks dived on UnitedHealth. Software names fell. Netflix subscriber guidance was light. Rail stocks rallied on earnings.
- Zacks•21 hours ago
Declining Smartphone Category: AAPL
The smartphone industry has been losing steam for the last few years, with negative growth in 2018. Consumers don???t feel as strong of a need to replace their smartphones when the improvements made on the new models are becoming increasingly marginal.
Market Realist•21 hours agoSemiconductor ETFs Overbought: What to Do?
Semiconductor ETFs Trade at 52-Week High: Time to Sell?(Continued from Prior Part)Semiconductor ETFs’ price momentum The iShares PHLX Semiconductor ETF (SOXX) and the VanEck Vectors Semiconductor ETF (SMH) hit a new 52-week high on April 17 due to
- Market Realist•21 hours ago
Semiconductor ETFs Trade at 52-Week High: Time to Sell?
Semiconductor ETFs Trade at 52-Week High: Time to Sell?SMH hits a new 52-week high The VanEck Vectors Semiconductor ETF (SMH) hit a new 52-week high of $118.83 on April 17, driven by a more-than-20% increase in Qualcomm’s (QCOM) stock and
Market Realist•21 hours agoQualcomm Stock Continues to Rise after Apple Settlement
Qualcomm Surges on Apple Settlement and Intel's 5G Chip ExitQualcomm stock rose Qualcomm (QCOM) stock soared ~12.3% on April 17 to $79.08 as investors continued to celebrate the chipmaker’s announcement on April 16 that it had settled its
- InvestorPlace•23 hours ago
Thursday Apple Rumors: 2019 iPhone Lineup Will Sport Better Selfie Cams
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of improvements for cameras. Today, we'll look at that and other Apple Rumors for Thursday.Selfie Cams: A recent rumor claims that Apple is going to be beefing up the front-facing camera for its 2019 iPhone line, reports MacRumors. According to this rumor, the tech company will be including 12 megapixel cameras on the front of these devices. This includes three smartphones that rumors claim the tech company will release later this year. This is better than the 7-megapixel selfie cams found on the front of its 2018 smartphones.Watch Authentication: Rumors has it that the Apple Watch will be able to do more with Macs soon, 9to5Mac notes. These rumors claim that the tech company is going to allow for additional authentication from the smartwatch when macOS 10.15 comes out. The rumors doesn't go into more detail about what these additional options will be, but hopefully it will be useful to Watch and Mac owners.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPayments: One analyst claims to know how much AAPL is paying to Qualcomm (NASDAQ:QCOM), reports AppleInsider. UBS claims that the tech company is paying $6 billion in settlements to QCOM to bring the legal battles to an end. This same source also claims that royalties being paid to Qualcomm are also increasing. This will have AAPL paying around $8 or $9 in royalties for each iPhone sale. Previous estimates only had royalties at around $5 per iPhone sale.Check out more recent Apple Rumors or Subscribe to Apple Rumors : RSS As of this writing, William White did not hold a position in any of the aforementioned securities. Compare Brokers The post Thursday Apple Rumors: 2019 iPhone Lineup Will Sport Better Selfie Cams appeared first on InvestorPlace.
- CNBC•yesterday
Apple paid up to $6 billion to settle with Qualcomm, UBS estimates
Apple could have paid Qualcomm between $5 and $6 billion to settle the two companies' bitter legal battle, according to a new estimate. Apple AAPL probably paid Qualcomm QCOM between $5 billion and $6 billion to settle the litigation between the two companies, UBS analyst Timothy Arcuri estimated in a note distributed on Thursday. Apple probably also agreed to pay between $8 and $9 in patent royalties per iPhone, estimated UBS, based on Qualcomm's guidance that it expects earnings per share to increase by $2 as a result of the settlement.
- InvestorPlace•yesterday
5 Semiconductor Stocks to Buy for a Spring Charge
The end of the litigation between Qualcomm (NASDAQ:QCOM) and Apple (NASDAQ:AAPL) sparked a fire for both of those stocks and the semiconductor sector as a whole. The renewed bullishness for semiconductor stocks could continue through to the rest of the year for one good reason -- Apple and Qualcomm agreeing to end the litigation set the stage for friendlier times among technology firms ahead. Instead of fighting for high IP royalty rates, semiconductor stocks could forge multiyear supply deals with its customers.Sure, investors could risk overpaying for stocks by blindly assuming IP deals are coming. Fortunately, Apple is a big customer and has a high demand for components, benefiting semiconductor suppliers. * 5 Dividend Stocks Perfect for Retirees What are the five semiconductor stocks to buy for a spring charge?InvestorPlace - Stock Market News, Stock Advice & Trading Tips Semiconductor Stocks to Buy: Qualcomm (QCOM)Source: Shutterstock Qualcomm and Apple agreed to drop all litigation, including those with Apple's contract manufacturers. Instead, Apple will pay Qualcomm in addition to signing a six-year license agreement, effective as of Apr. 1, 2019. The companies have an option to extend the deal for another two years. Qualcomm disclosed that the deal will add $2 in incremental EPS.Even though QCOM shares rose 40% on the week, the company's fair value rises sharply thanks to the deal with Apple. At a recent price of $79, the stock is trading at a discount because the company could win more supply deals with the top Android phone makers. Competitors cannot afford to let Apple have the best technology and could order Qualcomm's latest chip solutions to stay ahead.In the near-term, QCOM stockholders get two immediate positive catalysts. First, uncertainties are no longer an overhanging to the stock because Qualcomm no longer needs to keep going to court. Second, Qualcomm has guaranteed a revenue stream for the next six years. That stability is worth paying for, especially in the cyclical semiconductor market. Intel Corporation (INTC)Source: Shutterstock The Qualcomm-Apple settlement led to shares of Intel (NASDAQ:INTC) rallying a few points. Intel announced that it would abandon 5G phone modem development. Previously, Apple was rumored to release a 5G iPhone in 2020 that used Intel's modem. But now that Apple has a deal that allows it to use Qualcomm's far superior modem instead. If Intel lost the modem business to Qualcomm, one would think INTC stock would fall, not rise.Intel's modems are generally inferior to that of QCOM-powered ones. By exiting this market, Intel will become less distracted from the mobile devices market. Instead, it may now turn its sights back on the more profitable business of CPUs in the PC and servers. * 10 S&P 500 Stocks to Weather the Earnings Storm Intel's valuations are very attractive, too. The stock trades at a trailing price-to-earnings ratio of 13x. Despite the worrying competition from Advanced Micro Devices (NASDAQ:AMD), Intel still has loyal customers on the consumer and business markets. Still, Intel has plenty of work ahead. It is behind on the 7nm chip manufacturing and its latest products are supply-constrained. This is putting a cap on its revenue growth for the near-term.Advanced Micro Devices (AMD)Source: Shutterstock Advanced Micro Devices is enjoying a nice uptrend that began at the start of 2019. Valuations are not that compelling, but markets are willing to pay a premium. AMD stock is undergoing a multiyear transition that led to multiple product launches across three main lines of business: server, desktop and graphics cards. All three of these products are potential growth generators for AMD.In the server space, EPYC's scalability and computing power give enterprise customers good value compared to Intel's Xeon chips. CEO Lisa Su may announce Ryzen getting a refresh with a third-generation release next month at Computex. As AMD discounts current-generation Ryzen CPUs for the PC and notebook markets, it could gain market share over Intel.In the GPU space, the announcement for Navi, a mid-range solution, could help AMD win back market share from Nvidia (NASDAQ:NVDA). Nvidia leaped ahead of AMD with a GTX 1660 Ti release a few months ago. Rumors that a GTX 1650 for just $149 could further Nvidia's lead over AMD. NXP Semiconductors (NXPI)Source: Elektor Labs via FlickrNXP Semiconductors (NASDAQ:NXPI) traded above $101 for the first time since Jul. 2018. The stock lost all its value when the Chinese government delayed approval of Qualcomm buying the firm. NXP then earned a break-up fee of $2 billion and proceeded to buy back billions of dollars' worth of its shares.Investors should look at NXPI stock again now that markets largely forgave the company for buying back stock at a higher price. Management has a five-year autonomous driving supply plan in place. And with more technology components in vehicles, NXPI will stand to benefit. At a 14.9 times trailing P/E and 11.2 times forward P/E, NXPI stock is an appropriate stock to buy for the spring 2019 session. * 7 Stocks to Buy for Spring Season Growth NXP is scheduled to reported earnings on April 29. The company's prudent cost management, design wins and supply deals in 2019 will attract more buyers to the stock, and its ability to focus back on its core strengths will drive the stock back to 52-week highs of over $122. And even at that level, the stock will trade at a discount relative to the free cash flow generation from its businesses. Micron Technology (MU)Source: Shutterstock Micron Technology's (NASDAQ:MU) downside third-quarter guidance failed to scare off investors as the stock rose 28.5% during the quarter. In its second-quarter report, Micron reported DRAM sales falling 28%. NAND did better year-over-year and up 2%. On a quarter-over-quarter comparison, NAND revenue fell 18%.Micron forecast third-quarter revenue of around $4.8 billion and EPS of between 75 cents and 95 cents. Both numbers are below consensus estimates. Unsurprisingly, several analysts issued "hold" or "sell" calls on MU stock in the last month, according to Tipranks. But collectively, the 25 analysts covering the stock have an average price target of $54.41, representing an upside of around 26%.Investors should add MU stock to their portfolios this spring for the simple reason that NAND and DRAM prices appear to be stabilizing. Markets adjusted to the U.S.-China tariffs now and place. A refresh in premium smartphones, ongoing demand for memory and high-speed storage for servers and the firming up of PC sales will benefit Micron in the current period.As of this writing, Chris Lau owned shares of NXP Semiconductors. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 5 Semiconductor Stocks to Buy for a Spring Charge appeared first on InvestorPlace.
- SmarterAnalyst•yesterday
The Qualcomm (QCOM) Hype Continues: Canaccord Boosts Price Target on the Stock
At long last, Qualcomm (NASDAQ:QCOM) and Apple (NASDAQ:AAPL) have decided to end the courtroom drama. The two technology giants came to an agreement earlier this week to end settle their differences, thereby ending a two year legal war. While details have not been announced, investors are betting that Qualcomm is the big winner here, as its stock surged nearly 40% this week.The two had been battling over patent infringement and licensing agreement, with Apple suspending all royalties to Qualcomm until the settlement; as part of the agreement, the two companies are bound by a six-year licensing deal. On the news, Canaccord analyst Michael Walkley is raising his price target to $89 (from $75), while maintaining his Buy rating on the stock. (To watch Walkley's track record, click here) Though Walkley is waiting for Qualcomm’s earnings call scheduled for May 1, the analyst increased his estimates primarily for Apple licensing fees re-entering his model combined with lower legal expenses starting in 3Q/F19. Walkley also assumes “Qualcomm will start [supplying] 5G modems for future generation iPhones with sales starting to ramp in 4Q/F20.” Walkley says Qualcomm’s 5G prowess played a large part in getting this deal done. He believes “Apple and Qualcomm needed to start working together by April in order for Apple to launch 5G enabled smartphones for its September 2020 iPhone launch timeframe.” According to Walkley, "it is clear Apple’s settlement deal with Qualcomm likely means Apple will rely on Qualcomm for most if not all of its 5G modems in iPhones starting in 2020 with Qualcomm likely the leading to only supplier for the next several years," after Intel announced it would quit the 5G modems shortly after the agreement was reached. Walkley sees the settlement as a big win for Qualcomm’s financials. He says, “based on the settlement announcement, we estimate that an incremental $295M and $879M of royalty revenue from Apple will return to Qualcomm for 2H/F19 and F2020, respectively.” Walkley doesn’t factor in “one-time catch up payment for Apple not paying Qualcomm during the dispute,” which is expected to be a hefty sum. Furthermore, Walkley expects the Apple deal to help bring Qualcomm and Huawei together in an agreement of their own; the analyst says, “we believe Huawei could also reach a new licensing deal with Qualcomm in the near future that we estimate could add another $0.50 to $0.70 [EPS] to our F2020 estimates.” Even before the legal battle with Apple ended, Wall Street was bullish on Qualcomm. TipRanks analysis of 20 analyst ratings shows a consensus Moderate Buy rating, with 13 analysts saying Buy and eight Holding. As many analysts have yet to update their price targets, the average price target currently stands at $78.53, about even with current levels. (See QCOM's price targets and analyst ratings on TipRanks) More recent articles from Smarter Analyst: * Jeff Bezos Is Leading Amazon (AMZN) in the Right Direction * Why Autonomous Could Be a Strong Driver for Nvidia (NVDA) Stock * Microsoft (MSFT) Stock's Big Rally Should Continue * Oppenheimer Still Sees 40% Upside for Tesla (TSLA) Stock
- InvestorPlace•yesterday
The Reviews of Samsung’s Galaxy Fold Are Great News … For Apple
There are two pieces of very good news this week if you are an Apple (NASDAQ:AAPL) investor worried slumping iPhone sales could get even worse. The first was a dramatic end to the Qualcomm (NASDAQ:QCOM) lawsuit, saving the day for the prospect of 5G iPhones next year. The second had nothing to do with Apple, but it's sure taking some pressure off AAPL's incremental approach to smartphone design. Samsung's new $1,980 Galaxy Fold smartphone was released to reviewers this week and quickly ran into a storm of negative press. The smartphone with the futuristic new folding screen has suffered catastrophic failure for multiple high profile journalists.Source: Samsung Depending on how this plays out, Samsung's growing PR problem is likely to be good news for Apple stock. Samsung Galaxy Fold Review Units Failing With Broken ScreensAt the end of February, Samsung made a big splash with the announcement of the Galaxy Fold. The company's new flagship smartphone featured a futuristic Infinity Flex folding display that transformed it from a phone to a 7.3-inch tablet. Launching on April 26, the radical new smartphone would be priced starting at a whopping $1,980.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The Jobs Report Isn't an Effective Metric for the U.S. Economy It would also be the first folding smartphone to be widely commercially available in the U.S. China's Huawei has also announced a folding smartphone -- but the company lacks an American presence.So far, so good for Samsung. The company was in the spotlight once again, smartphones were cool once again (after a year where global smartphone sales had been sliding), and Samsung was looking like the industry design and engineering leader -- after years of being pegged as an iPhone copycat. Then the Galaxy Fold review units went out.Within a day, the reports of broken displays began to arrive. The Verge's Dieter Bohn reported his review unit's folding display developed a bulge then its OLED display failed after just one day of use. Bloomberg's Mark Gurman posted that his Galaxy Fold was "completely broken and unusable just two days in." Again it was a failure of the folding display. CNBC's review attempt ended when the Galaxy Fold they were given was "completely unusable after just two days of use."And there were more. It's possible the reviewers all received phones from an initial batch that suffered a manufacturing defect. It's also possible that Samsung's folding screen design is flawed and not ready for prime time. Samsung's ResponseSamsung issued a terse statement to The Verge:"A limited number of early Galaxy Fold samples were provided to media for review. We have received a few reports regarding the main display on the samples provided. We will thoroughly inspect these units in person to determine the cause of the matter.Separately, a few reviewers reported having removed the top layer of the display causing damage to the screen. The main display on the Galaxy Fold features a top protective layer, which is part of the display structure designed to protect the screen from unintended scratches. Removing the protective layer or adding adhesives to the main display may cause damage. We will ensure this information is clearly delivered to our customers."Company representatives also told The Verge they plan to continue with the Galaxy Fold's April 26 U.S. launch. Bad News for Samsung, But Good News for AppleFor Samsung, this is bad news.Comparisons have already been made to the Galaxy Note 7 disaster of 2016 that decimated the company's smartphone profits and allowed Apple to surpass Samsung as the world's top-selling smartphone maker -- at least for one quarter. It's not on the same level in the sense that the Galaxy Fold screen break isn't a safety issue, but at $1,980 a pop and with pre-orders selling out almost immediately, the company is facing a big PR issue and the possibility of a release delay (or a recall if it goes ahead as planned) while it investigates what's going wrong.For Apple, the very public and very rapid failure of multiple Galaxy Fold review units is nothing but good news.Apple stock has been under pressure from slowing iPhone sales. And with rivals like Samsung and Huawei showing off radical new folding smartphone flagships this year, AAPL's iPhones were looking far from exciting. If the initial Galaxy Fold failures develop into a full-scale debacle, the lack of its own folding smartphone at this time will turn from Apple falling behind, to Apple avoiding gimmicks and sticking with solid, proven engineering. * 5 Dividend Stocks Perfect for Retirees Incremental design updates may be boring, but quality and reliability is something that Apple can leverage as it works to boost iPhone sales.As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post The Reviews of Samsung's Galaxy Fold Are Great News … For Apple appeared first on InvestorPlace.
- Zacks•yesterday
Telecom Stock Roundup: Qualcomm Settles Patent Battle, AT&T's Hulu Sale & More
Qualcomm (QCOM) benefits immensely from the patent litigation settlement, while AT&T (T) is focusing on debt reduction and probable launch of own streaming video subscription content.
- Zacks•yesterday
5G Chipset Market Humming: 3 Solid Buys
5G commercialization will be a starting point for its chipset market's growth.
- TheStreet.com•yesterday
Apple's Surprise Settlement With Qualcomm Still Leaves 5 Lingering Questions
announced on Tuesday afternoon is clearly a major financial positive for Qualcomm, and had the side benefit of driving yet another modem rival out of the market. At the same time, with Apple and Qualcomm having only shared so much about their settlement, and with some third parties set to make important decisions of their own, the deal raises a few major questions about what will happen in the coming months and years. Apple and Qualcomm announced that they've settled their massive, two-year, legal battle over royalties owed on the sale of iPhones and other devices featuring Qualcomm's intellectual property.
- PR Newswire•yesterday
Qualcomm Schedules Second Quarter Fiscal 2019 Earnings Release and Conference Call
SAN DIEGO , April 18, 2019 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced that it will publish the Company's financial results for its second quarter fiscal 2019 on Wednesday, May ...
- Investor's Business Daily•yesterday
Dow Jones Futures Signal Stock Market Losses; This Sector Leads Despite Plunging Earnings
Stock futures: Chip stocks such as AMD, Intel and Qualcomm are leading the current market rally even though they share this glaring weakness. Here's why.
- Reuters•yesterday
EXPLAINER-How 5G drove moves by Apple, Qualcomm and Intel
Apple Inc and Qualcomm Inc on Tuesday settled an acrimonious two-year legal dispute. Shortly afterward, Intel Corp said it will exit the smartphone modem chip business. Echoing complaints from the U.S. Federal Trade Commission, Apple had alleged that Qualcomm used its patent licensing business to keep a monopoly on modem chips that connect devices like the iPhone to wireless data networks.
- MarketWatch•yesterday
Qualcomm gets big windfall in surprise settlement, but Apple may have saved the iPhone from 5G doom
Apple Inc. and Qualcomm Inc.’s surprise settlement agreement — in the midst of opening arguments of their much anticipated patent trial in San Diego — will result in a huge cash windfall for Qualcomm, and puts Apple on a faster path to add the latest 5G technology into future iPhones.
Reuters•yesterdayTSMC upbeat on chip outlook after Apple-Qualcomm settlement; first quarter disappoints
Taiwan's TSMC struck an upbeat note about the outlook for the depressed global chip market, betting that a rollout of faster 5G mobile network would buoy demand, even as it posted its steepest quarterly profit drop in more than seven years. TSMC, the world's biggest contract chipmaker, said a recent settlement between its top clients Apple and Qualcomm to end their two-year legal dispute over smartphone chips will help the Taiwanese firm. "While the economic factor and mobile product seasonality are still lingering as we move into second quarter, we believe we may have passed the bottom of the cycle of our business as we are seeing demand stabilizing," TSMC CFO Lora Ho said.
