A share price of Qualcomm, Inc [QCOM] is currently trading at $148.46, up 1.08%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QCOM shares have gain 5.70% over the last week, with a monthly amount drifted -3.35%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Barclays reaffirmed its Overweight rating on January 17, 2025, and dropped its price target to $185. On December 09, 2024, Melius initiated with a Hold rating and assigned a price target of $180 on the stock. Loop Capital started tracking the stock assigning a Hold rating and suggested a price target of $180 on November 12, 2024. Citigroup reiterated its recommendation of a Neutral and reduced its price target to $185 on October 16, 2024. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on October 08, 2024. In a note dated August 12, 2024, Wolfe Research downgraded an Peer Perform rating on this stock.
Qualcomm, Inc experienced fluctuations in its stock price throughout the past year between $120.80 and $230.63. Currently, Wall Street analysts expect the stock to reach $190 within the next 12 months. Qualcomm, Inc [NASDAQ: QCOM] shares were valued at $148.46 at the most recent close of the market. An investor can expect a potential return of 27.98% based on the average QCOM price forecast.
Analyzing the QCOM fundamentals
Trailing Twelve Months sales for Qualcomm, Inc [NASDAQ:QCOM] were 40.70B which represents 17.45% growth. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.42 and Total Capital is 0.25. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.53.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 145.28 points at the first support level, and at 142.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 150.25, and for the 2nd resistance point, it is at 152.03.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Qualcomm, Inc [NASDAQ:QCOM] is 2.62. As well, the Quick Ratio is 1.99, while the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 4.03, the price to book ratio is 6.11 and price to earnings (TTM) ratio is 15.87.
Transactions by insiders
Recent insider trading involved Palkhiwala Akash J., CFO & COO, that happened on Apr 09 ’25 when 648.0 shares were sold. CFO & COO, Palkhiwala Akash J. completed a deal on Apr 08 ’25 to sell 635.0 shares. Meanwhile, CFO & COO Palkhiwala Akash J. sold 269.0 shares on Apr 07 ’25.
