Qualcomm, Inc (NASDAQ: QCOM) is -0.34% lower on its value in year-to-date trading and has touched a low of $149.43 and a high of $230.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QCOM stock was last observed hovering at around $154.98 in the last trading session, with the day’s loss setting it -1.88%.
Currently trading at $153.10, the stock is -6.15% and -6.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.67 million and changing -1.21% at the moment leaves the stock -11.98% off its SMA200. QCOM registered -12.87% loss for a year compared to 6-month gain of -3.22%.
The stock witnessed a -8.85% loss in the last 1 month and extending the period to 3 months gives it a -4.55%, and is -0.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.72% over the week and 3.02% over the month.
Qualcomm, Inc (QCOM) has around 49000 employees, a market worth around $169.33B and $40.70B in sales. Current P/E ratio is 16.36 and Fwd P/E is 12.50. Profit margin for the company is 25.94%. Distance from 52-week low is 2.46% and -33.62% from its 52-week high. The company has generated returns on investments over the last 12 months (26.33%).
with sales reaching $10.58B over the same period.The EPS is expected to grow by 14.94% this year, but quarterly earnings will post 11.49% year-over-year. Quarterly sales are estimated to grow 12.75% in year-over-year returns.
Qualcomm, Inc (QCOM) Top Institutional Holders
The shares outstanding are 1.11B, and float is at 1.10B with Short Float at 1.50%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 112.07 million shares valued at $22.32 billion. The investor’s holdings represent 10.0332% of the QCOM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 95.88 million shares valued at $19.1 billion to account for 8.5836 of the shares outstanding. The other top investors are STATE STREET CORP which holds 50.75 million shares representing 4.543% and valued at over $10.11 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.2506 of the shares totaling 25.14 million with a market value of $5.0 billion.
Qualcomm, Inc (QCOM) Insider Activity
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Qualcomm, Inc disclosed in a document filed with the SEC on Mar 03 ’25 that Palkhiwala Akash J. (CFO & COO) sold a total of 3,337 shares of the company’s common stock. The trade occurred on Mar 03 ’25 and was made at $156.82 per share for $0.52 million. Following the transaction, the insider now directly holds 59778.0 shares of the QCOM stock.
Still, SEC filings show that on Mar 03 ’25, AKASH PALKHIWALA (Chief Financial Officer) Proposed Sale 3,337 shares at an average price of $153.62 for $0.51 million. The insider now directly holds shares of Qualcomm, Inc (QCOM).
