A share price of Qualcomm, Inc [QCOM] is currently trading at $145.10, up 0.55%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The QCOM shares have gain 7.31% over the last week, with a monthly amount glided 16.40%, and 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 $197.5 within the next 12 months. Qualcomm, Inc [NASDAQ: QCOM] shares were valued at $145.10 at the most recent close of the market. An investor can expect a potential return of 36.11% based on the average QCOM price forecast.
Analyzing the QCOM fundamentals
Trailing Twelve Months sales for Qualcomm, Inc [NASDAQ:QCOM] were 42.28B which represents 16.93% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.
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 143.49 points at the first support level, and at 141.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 147.10, and for the 2nd resistance point, it is at 149.11.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Qualcomm, Inc [NASDAQ:QCOM] is 2.73. Also, the Quick Ratio is 2.08, while the Cash Ratio stands at 0.75. Considering the valuation of this stock, the price to sales ratio is 3.77, the price to book ratio is 5.76 and price to earnings (TTM) ratio is 14.78.
Transactions by insiders
Recent insider trading involved Palkhiwala Akash J., CFO & COO, that happened on May 05 ’25 when 3333.0 shares were sold. Chief Financial Officer, AKASH PALKHIWALA completed a deal on May 05 ’25 to buy 3333.0 shares. Meanwhile, Chief Human Resources Officer ACE HEATHER S sold 1600.0 shares on May 02 ’25.