Qualcomm, Inc (NASDAQ: QCOM) is -0.37% lower on its value in year-to-date trading and has touched a low of $147.88 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 $153.61 in the last trading session, with the day’s loss setting it -0.56%.
Currently trading at $153.05, the stock is -2.15% and -6.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.7 million and changing -0.36% at the moment leaves the stock -10.02% off its SMA200. QCOM registered -9.60% loss for a year compared to 6-month loss of -10.04%. The firm has a 50-day simple moving average (SMA 50) of $163.5642 and a 200-day simple moving average (SMA200) of $170.084.
The stock witnessed a -0.37% gain in the last 1 month and extending the period to 3 months gives it a -2.66%, and is -4.43% 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 2.97% over the week and 2.88% over the month.
Qualcomm, Inc (QCOM) has around 49000 employees, a market worth around $169.27B and $40.70B in sales. Current P/E ratio is 16.36 and Fwd P/E is 12.49. Profit margin for the company is 25.94%. Distance from 52-week low is 3.50% and -33.64% 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 15.16% this year, but quarterly earnings will post 11.55% year-over-year. Quarterly sales are estimated to grow 12.76% in year-over-year returns.
Qualcomm, Inc (QCOM) Top Institutional Holders
3588.0 institutions hold shares in Qualcomm, Inc (QCOM), with institutional investors hold 80.00% of the company’s shares. The shares outstanding are 1.11B, and float is at 1.10B with Short Float at 1.87%. Institutions hold 79.90% of the Float.
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 8.5913 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
The most recent transaction is an insider sale by ACE HEATHER S, the company’s Chief Human Resources Officer. SEC filings show that ACE HEATHER S sold 1,600 shares of the company’s common stock on Mar 12 ’25 at a price of $154.24 per share for a total of $0.25 million. Following the sale, the insider now owns 24393.0 shares.
Still, SEC filings show that on Mar 05 ’25, THOMPSON JAMES H (Officer) Proposed Sale 46,375 shares at an average price of $153.35 for $7.11 million. The insider now directly holds shares of Qualcomm, Inc (QCOM).
