QCOM - QUALCOMM Incorporated

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
66.61
-1.64 (-2.40%)
As of 1:32PM EDT. Market open.
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Previous Close68.25
Open68.93
Bid66.70 x 800
Ask66.71 x 800
Day's Range66.43 - 69.15
52 Week Range49.10 - 90.34
Volume13,280,626
Avg. Volume21,286,385
Market Cap80.984B
Beta (3Y Monthly)1.32
PE Ratio (TTM)35.17
EPS (TTM)1.89
Earnings DateJul 31, 2019
Forward Dividend & Yield2.48 (2.88%)
Ex-Dividend Date2019-06-05
1y Target Est96.59
Trade prices are not sourced from all markets
  • Investors should treat court ruling against Qualcomm as merely a speed bump
    MarketWatch2 hours ago

    Investors should treat court ruling against Qualcomm as merely a speed bump

    Here’s why the ruling siding with the Federal Trade Commission is likely to be overturned on appeal.

  • Stock Market Correction Deepens As China Trade War Escalates: Weekly Review
    Investor's Business Daily3 hours ago

    Stock Market Correction Deepens As China Trade War Escalates: Weekly Review

    The stock market correction intensified this week along with China trade war fears. Qualcomm and other chipmakers dived. So did department stores and Tesla.

  • Barrons.com4 hours ago

    Qualcomm Gets Tossed Back Into the Uncertainty the Apple Settlement Seemed to Cure

    Qualcomm investors thought some of its biggest legal issues were abating after the company’s recent agreement with Apple. But a federal court ruling has tossed the chip maker right back into a sea of uncertainty.

  • Qualcomm is tossed back into the uncertainty that the Apple settlement seemed to cure
    MarketWatch6 hours ago

    Qualcomm is tossed back into the uncertainty that the Apple settlement seemed to cure

    Earlier this month, Qualcomm investors thought some of the chip maker’s legal issues were abating after the company’s big agreement with Apple, but on Wednesday, the company was seen as having more uncertainty after a federal court ruling.

  • Morningstar7 hours ago

    What a Trade War Could Mean for Tech Stocks

    Last week, the U.S. Commerce Department added Huawei Technologies to its Entity List, saying, “The U.S. government has determined that there is reasonable cause to believe that Huawei has been involved in activities contrary to the national security or foreign policy interests of the United States.” This in effect bars the Chinese telecom equipment maker from doing business with U.S. companies, although the trade restriction was given a 90-day reprieve a few days later.

  • Barrons.com7 hours ago

    5 Stocks the Huawei Ban Could Hurt the Most

    With President Donald Trump’s latest move to put Huawei on an export blacklist, U.S. companies that supply components, services, or technical support to the Chinese telecom giant will all take a hit.

  • Barrons.com8 hours ago

    Qualcomm’s Big Setback Shows Regulators Can’t Agree on Antitrust and Patents

    The Qualcomm antitrust case illustrates unusual friction between the Federal Trade Commission and the Justice Department—with 5G in the background.

  • Barrons.com8 hours ago

    Buy Qualcomm Stock Because Its Plunge After an Antitrust Ruling Went Too Far, Analyst Says

    Qualcomm stock’s big plunge this week is a buying opportunity, according to Bank of America Merrill Lynch.

  • Barrons.com9 hours ago

    Podcast: The Nasdaq Falls as Trade War Tensions Increase

    Tech stocks fell further than most other sectors -- they sank in response to an apparent escalation of the trade war between the U.S. and China. West Texas crude oil prices dropped even more than that. The chip maker’s stock started tumbling after a U.S. court ruled against it in an antitrust case late on Tuesday.

  • Fund Manager Who Beat 98% of Peers Dumps His Huawei Bonds
    Bloomberg15 hours ago

    Fund Manager Who Beat 98% of Peers Dumps His Huawei Bonds

    Dhiraj Bajaj, whose Lombard Odier Asia Value Bond Fund outperformed 98% of peers this year, sold the fund’s Huawei 2026 dollar notes after the Trump administration placed the company on a blacklist that curtails access to U.S. suppliers. The world’s largest provider of networking gear has become a key focus for global investors as they assess the fallout from rising tensions between China and the U.S. over everything from trade to espionage and technological dominance. While some analysts have argued that Huawei’s default risk is minimal given its large cash holdings and potential support from China’s government, Bajaj said the U.S. blacklist has raised questions about future cash flows.

  • Financial Times16 hours ago

    Best of Lex: your weekly round-up

    Politics hung heavily over the business world this week. Shares fell as the trade dispute between the US and China deepened. Elections for a new European Parliament raised fears of protectionism from the populist right.

  • Associated Press17 hours ago

    AP Top Extended Financial Headlines at 8:44 p.m. EDT

    Heightened worries that the U.S. and China are headed for a long standoff in their costly trade dispute put investors in a selling mood Thursday

  • Susquehanna Remains Bullish on Qualcomm (QCOM) Stock as the Roller Coaster Ride Continues
    SmarterAnalyst19 hours ago

    Susquehanna Remains Bullish on Qualcomm (QCOM) Stock as the Roller Coaster Ride Continues

    Qualcomm (QCOM) stock has taken investors on quite a roller-coaster ride recently. The stock was trading around $90 earlier this month after reaching a settlement with Apple over patent royalties. The settlement also opened up the possibility that Apple will release a 5G iPhone with Qualcomm’s modem technology. However, news broke Wednesday morning that a court ruled the company violated antitrust law in the phone chips space, sending shares back to $68.What's next? Susquehanna's Christopher Rolland remains optimistic about Qualcomm's future, reiterating a Positive rating but cutting the price target by 15% from $100 to $85 based on the ruling. (To watch Rolland's track record, click here)Judge Lucy Koh ruled with the FTC, saying “Qualcomm’s licensing practices have strangled competition…” which have harmed rivals and consumers. As part of the ruling, which Qualcomm is appealing, Koh said the company must change its business practices, including renegotiating licensing agreements, offering to license its patents to rival chipmakers and no longer signing exclusive agreements with smartphone makers that block rivals. After just recently signing a licensing agreement with Apple, Rolland says that Apple “may have the opportunity to renegotiate its long-term agreement with Qualcomm.” Though he does not know for sure how it would play out, Rolland expects Apple to “have the opportunity to break the multi-year chip agreement if they choose to use another supplier.” But while Apple may gain some power, the company still relies on Qualcomm for gettings its iPhone to 5G, so Rolland believes it will “tread lightly” with Qualcomm. Moving forward, Rolland expects Qualomm’s legal expenses to “likely remain elevated,” as the company appeals the ruling. If the appeal is lost, Qualcomm “profitability may be significantly reduced as the judge did not believe Qualcomm could charge a royalty on the end device (handset), but rather the modem.” Finally, though Rolland says this only has a small impact, “this ruling allows for customers to more easily break long-term chip agreements,” which may cloud investors’ revenue vision for the future. All in all, Qualcomm stock is diving as investors' excitement about the Apple deal has waned. However, analyst are still bullish on the long-term, as Qualcomm has proved its place as a leader in 5G. TipRanks analysis of 21 analyst ratings shows a consensus Moderate Buy rating, with 15 analysts saying Buy and six Hold. The average price target among these analysts stand at $85.76, about 29% above current levels.  Read more on QCOM: * A Look at Qualcomm (QCOM)-FTC Outcome and Its Impact on Apple (AAPL) * Will Qualcomm (QCOM) Stock Price Get Back to $60-65? * Qualcomm (QCOM) Stock Is a Buy Despite Huawei Saga, Says Analyst More recent articles from Smarter Analyst: * Time to Cash Out on Cannabis Stock Canopy Growth (CGC) * GW Pharmaceuticals (GWPH) Stock Could Run Much Higher Over Time * Trade Tensions Bring Micron (MU) Stock Down, But Cascend Remains Bullish * Susquehanna Remains Bullish on Qualcomm (QCOM) Stock as the Roller Coaster Ride Continues

  • Qualcomm stock keeps falling amid fears that FTC ruling could cut earnings in half
    MarketWatch22 hours ago

    Qualcomm stock keeps falling amid fears that FTC ruling could cut earnings in half

    Qualcomm Inc. shares fall for a second day as analysts respond to renewed uncertainty at the chip maker with a downgrade and price cuts.

  • CNBC23 hours ago

    This chart shows how chip stocks are ground zero for the trade war and are feeling the pain

    Ned Davis Research points out that Qualcomm had 67% of its 2018 revenue come from China, while Micron saw 57.1% of its sales come from the second-largest economy in the world. Investors trying to get a gauge on the state of U.S.-China trade relations should look at shares of big chipmakers like Qualcomm, Micron Technology and Broadcom, according to Ned Davis Research. The firm points out that Qualcomm QCOM had 67% of its 2018 revenue come from China, while Micron MU saw 57.1% of its sales come from the second-largest economy in the world.

  • Qualcomm Stock Fell 11% after Federal Judge’s Ruling
    Market Realist23 hours ago

    Qualcomm Stock Fell 11% after Federal Judge’s Ruling

    The Latest on Market Volatility, Apple, Chip Stocks, and More(Continued from Prior Part)Qualcomm fell 11% after judge ruled that it violated antitrust lawQualcomm (QCOM) stock fell 10.9% on May 22 and an additional 3.3% in after-hours trading on the

  • Trump’s Trade War Hits U.S. Tech Companies from California to North Carolina
    SmarterAnalystyesterday

    Trump’s Trade War Hits U.S. Tech Companies from California to North Carolina

    President Trump declared a national emergency last week -- and if you think that had something to do with global warming, terrorism, or even immigration policy, you may not have been paying close enough attention.No, this one has to do with competition in the tech sector, and specifically, competition from Huawei to lead the development of new 5G wireless technology around the world. Supported by generous state subsidies, and probably not a little state-sponsored espionage, Huawei has made great strides in developing the tech need to build a 5G infrastructure in China, in Europe, in Africa, and potentially, in the United States itself. However, as a company presumed to be under the influence of China's state security apparatus, the Trump Administration views Huawei as a clear and present danger -- if not necessarily to national security, then certainly to the peace of mind of U.S. tech firms that must compete with it.Thus, to stymie Huawei's growing influence, last week the President empowered the U.S. Secretary of Commerce to effectively "blacklist" Huawei and prevent U.S. companies from doing business with the Chinese tech giant. This order cuts off Huawei from access to microchips and other tech components essential to the manufacture of much of its 5G equipment -- everything from handsets to base stations.It also, however, prevents many U.S. companies from making sales to Huawei. And in so doing, it's hitting the business of U.S. tech giants from California -- Qualcomm (QCOM) and Broadcom (AVGO) to North Carolina -- Qorvo (QRVO) and Cree (CREE) to Massachusetts where Skyworks (SWKS) resides. Qorvo in particular looks at risk, with analysts estimating the company derives as much as 15% of its revenue from sales to Huawei (versus, for example, Broadcom, which does "de minimis" business with the Chinese company).Conversely, the Trump Administration blacklist effectively cripples Huawei's business, which depends on electronic components such as radio frequency modules, antenna tuners and other components, supplied by these American tech firms and essential to Huawei's manufacture of its 4G handsets today. Without them, the company may not live to invent the 5G tech of tomorrow. Even if the company does survive, though, Huawei's 5G tech is believed to depend on such U.S.-supplied components as "GaN power transistors" needed to build RF power amplifiers, and "silicon carbide (SiC) wafers" on which those transistors are housed, as explained in a note this week from Charter Equity Research analyst Edward Snyder.For the time being, Huawei is drawing down stockpiles of such essential components, amassed in anticipation of a ban on trade with the company. Once these supplies run out, however, Snyder warns that the company could be in something of a bind.Snyder identifies Japan's Murata Manufacturing as one potential alternative supplier of "diversity receive" (DRX) radio frequency modules -- albeit a distant second to main supplier Skyworks -- and Japan's TDK is a potential source of filters. Then again, China isn't exactly on the best of terms with Japan right now, either. (The two countries are continually feuding over ownership of certain islands in the East China Sea). Further complicating matters, TDK has a joint venture with Qualcomm, and therefore may find itself subject to the same ban restricting Qualcomm's selling to Huawei.By and large, therefore, it's Snyder's assessment that "there are no other suppliers, Chinese or otherwise, capable of filling the void left by the ban on U.S. components," and this blacklisting is likely to "devastate Huawei's phone business," at least in the 4G realm, while its development of 5G tech will "slow considerably." Conversely, in the analyst's opinion, the Trump Administration's ban on sales to Huawei is likely to accrue to the benefit of rivals like Korea's Samsung, and to Oppo, Vivo, and Xiaomi in China.At least, until the Trump Administration decides to blacklist those companies, as well.Read more: * A Look at Qualcomm (QCOM)-FTC Outcome and Its Impact on Apple (AAPL) * Will Qualcomm (QCOM) Stock Price Get Back to $60-65? * Qualcomm (QCOM) Stock Is a Buy Despite Huawei Saga, Says Analyst More recent articles from Smarter Analyst: * GW Pharmaceuticals (GWPH) Stock Could Run Much Higher Over Time * Trade Tensions Bring Micron (MU) Stock Down, But Cascend Remains Bullish * Susquehanna Remains Bullish on Qualcomm (QCOM) Stock as the Roller Coaster Ride Continues * Susquehanna Remains Bullish on Qualcomm (QCOM) Stock as the Roller Coaster Ride Continues

  • Qualcomm's Legal Troubles Return With a Vengeance
    Motley Foolyesterday

    Qualcomm's Legal Troubles Return With a Vengeance

    The FTC just hit mobile chipmaker Qualcomm’s profit engine with a sledgehammer. Here's why it matters.

  • Benzingayesterday

    What To Make Of The Surprise Qualcomm Antitrust Ruling

    QUALCOMM, Inc. (NASDAQ: QCOM) shares are down 16.3 percent this week after a judge ruled Qualcomm violated antitrust laws in imposing excessive licensing fees for its cell phone chips. The judge ruled in favor of the Federal Trade Commission, which argued that Qualcomm took advantage of its chip monopoly by engaging in non-competitive practices. In a 233-page decision, U.S. District Judge Lucy Koh said Qualcomm has “strangled competition” in key markets.

  • TheStreet.comyesterday

    Qualcomm Earnings Could Drop 50% on FTC Ruling

    could cut the chipmaker's earnings per share in half, Mizuho analyst Vijay Rakesh said in a note Thursday. A California judge ruled in favor of the FTC's case, saying Qualcomm's chip-licensing practices were anti-competitive. Several analysts said Wednesday they're now more cautious on the Qualcomm stock, as the ruling is a threat to sales.

  • MarketWatchyesterday

    Qualcomm stock downgraded at Mizuho amid FTC 'overhang'

    Mizuho analyst Vijay Rakesh cut his rating on Qualcomm Inc. shares to neutral from buy on Thursday, after a federal judge sided with the Federal Trade Commission and ruled that the company violated antitrust law with its patent royalties. "The limited clarity as the case goes to appeals to the Ninth District and potentially the Supreme Court, and uncertainty if recent license agreements with Apple , Samsung and China NDRC can still be upheld, inserts a significant overhang on Qualcomm," Rakesh wrote. The ruling "could potentially drive EPS down 50%+ in a worst case scenario," he continued. Shares are off 2.6% in Thursday trading after dropping nearly 11% in Wednesday's session. The stock remains up 19% on the year, as the S&P 500 has risen 13%.

  • MarketWatchyesterday

    Chip sector falls below 200-day moving average, led by AMD and Micron stock selloffs

    Chip stocks continued their broad selloff Thursday, as investors feared that the U.S.-China trade war will last longer than previously expected. The PHLX Semiconductor Index slumped 2.2% in morning trade, with 29 of 30 components losing ground, as the S&P 500 declined 1.2%. The SOX, which has now shed 15.5% this month, has dropped below the 200-day moving average, which is widely followed as a tracker of longer-term trends, and is now in danger of the first close below that technical indicator since Feb. 4. Among the SOX's biggest decliners, shares of Advanced Micro Devices Inc. slid 3.6%, Micron Technology Inc. dropped 3.5%, Nvidia Corp. gave up 3.5% and Qualcomm Inc. shed 3.4%. The lone gainer was Cypress Semiconductor Corp.'s stock, which tacked on 0.5%. Analyst Vivek Arya at Bank of America Merrill Lynch said chip companies appear to be expecting some trade resolution by the third quarter, soon after President Trump meets with China's president Xi Jinping on June 28 to June 29. "Overall, we believe the U.S. holds significant leverage in the current trade war (semis perspective), and can continue to exert even more pressure (restrict additional Chinese customers) which should lead to some resolution," Arya wrote in a note to clients.

  • Hold the Phones. Qualcomm May Have One Life Left.
    Bloombergyesterday

    Hold the Phones. Qualcomm May Have One Life Left.

    Just about any company that wants its smartphones or other computer devices to connect to the internet needs to pay Qualcomm licensing fees for its patents, even if they don’t buy Qualcomm’s components. The unusual business model made Qualcomm incredibly profitable but also the target of many lawsuits and regulatory challenges. The litigation disclosures in Qualcomm’s annual securities filing run for 10 pages.

  • Trump: Huawei Could be Part of a Trade Deal with China
    Yahoo Finance Video2 hours ago

    Trump: Huawei Could be Part of a Trade Deal with China

    Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Cheung, and Heidi Chung State Street Global Advisors Chief Investment Strategist Michael Arone to discuss.