Qualcomm (QCOM) stock is declining after analysts said the company could lose some of its iPhone chip business to Intel (INTC).
Full Answer
Is Qualcomm more volatile than other semiconductor stocks?
While our data show that QUALCOMM is not more volatile than its industry, those who don't dabble in the Semiconductor industry might be surprised by the magnitude of those moves. Currently, the stock is down over 25% from the highs, but this magnitude of the correction is not concerning given its past.
What is Qualcomm’s price action over 52-week period?
QCOM Price Action: Qualcomm has traded as high as $191.30 and as low as $122.16 over a 52-week period. The stock was down 6.13% at $177.73 at time of publication.
Can Qualcomm strengthen its balance sheet?
The balance sheet is the prominent place to start when analyzing debt levels. But ultimately, the future profitability of the business will decide if QUALCOMM can strengthen its balance sheet over time. So if you want to see what the professionals think, you might find this free report on analyst profit forecasts to be interesting.
Why is QCOM share price going down?
Shares of Qualcomm (QCOM 3.46%) dropped 10.8% in March due to tech stock weakness and concerns about its competitive strength. The company announced a large increase to its dividend, which is now up to a 2% yield.
Is Qualcomm a good stock to buy?
Qualcomm stock earns an EPS Rating of 93 out of a best-possible 99, and its SMR Rating is an A, on a scale of A to a worst E. The EPS rating scores a company's earnings growth vs. other companies, and its SMR Rating scores sales growth, profit margins and return on equity.
Is Qualcomm doing well?
QUALCOMM Incorporated (NASDAQ:QCOM) delivered a -23.84% return since the beginning of the year, while its 12-month returns are down by -0.76%. The stock closed at $139.28 per share on April 06, 2022.
What do analysts say about QCOM stock?
Stock Price Forecast The 28 analysts offering 12-month price forecasts for Qualcomm Inc have a median target of 200.00, with a high estimate of 471.60 and a low estimate of 150.00. The median estimate represents a +53.28% increase from the last price of 130.48.
Who is Qualcomm biggest competitor?
Qualcomm competitors include Google, Apple, Ericsson, NXP Semiconductors and Samsung. Qualcomm ranks 2nd in Gender Score on Comparably vs its competitors.
Is Qualcomm stock undervalued?
Qualcomm's share price has slid down by 28% since January 2021, leaving the stock price at a similar level to October 2020 ~ $135/share. According to my discounted cash flow model the stock is currently undervalued.
Is Qualcomm a Chinese company?
Qualcomm (/ˈkwɒlkɒm/) is an American multinational corporation headquartered in San Diego, California, and incorporated in Delaware. It creates semiconductors, software, and services related to wireless technology.
Is QCOM a good stock to buy Zacks?
Zacks' proprietary data indicates that QUALCOMM Incorporated is currently rated as a Zacks Rank 2 and we are expecting an above average return from the QCOM shares relative to the market in the next few months.
Is Qualcomm stock going to split?
Qualcomm (QCOM) has 4 splits in our Qualcomm stock split history database....QCOM Split History TableDateRatio08/16/20042 for 13 more rows
What is the outlook for Qualcomm?
Based on 19 Wall Street analysts offering 12 month price targets for Qualcomm in the last 3 months. The average price target is $192.06 with a high forecast of $250.00 and a low forecast of $150.00. The average price target represents a 42.44% change from the last price of $134.84.
Will QCOM stock split?
Find the split ratio of QCOM for a selection of dates. The data can be shared or downloaded....QCOM Splits.Split dateSplit RatioAug 16, 20041/2 Stock Split3 more rows