Qualcomm, Inc (NASDAQ: QCOM) is -18.85% lower on its value in year-to-date trading and has touched a low of $120.80 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 $129.72 in the last trading session, with the day’s loss setting it -5.06%.
Currently trading at $124.66, the stock is -17.44% and -22.07% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.94 million and changing -3.90% at the moment leaves the stock -25.78% off its SMA200. QCOM registered -27.32% loss for a year compared to 6-month loss of -26.19%. The firm has a 50-day simple moving average (SMA 50) of $159.9678 and a 200-day simple moving average (SMA200) of $167.9711.
The stock witnessed a -19.56% gain in the last 1 month and extending the period to 3 months gives it a -22.01%, and is -18.55% 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 8.34% over the week and 3.97% over the month.
Qualcomm, Inc (QCOM) has around 49000 employees, a market worth around $137.87B and $40.70B in sales. Current P/E ratio is 13.32 and Fwd P/E is 10.15. Profit margin for the company is 25.94%. Distance from 52-week low is 3.19% and -45.95% 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 15.31% this year, but quarterly earnings will post 11.39% year-over-year. Quarterly sales are estimated to grow 12.75% in year-over-year returns.
Qualcomm, Inc (QCOM) Top Institutional Holders
3597.0 institutions hold shares in Qualcomm, Inc (QCOM), with institutional investors hold 80.30% 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 80.21% 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 4.5471% and valued at over $10.11 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.2526 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 Palkhiwala Akash J., the company’s CFO & COO. SEC filings show that Palkhiwala Akash J. sold 635 shares of the company’s common stock on Apr 08 ’25 at a price of $133.28 per share for a total of $84633.0. Following the sale, the insider now owns 57093.0 shares.
Qualcomm, Inc disclosed in a document filed with the SEC on Apr 07 ’25 that Palkhiwala Akash J. (CFO & COO) sold a total of 269 shares of the company’s common stock. The trade occurred on Apr 07 ’25 and was made at $131.10 per share for $35267.0. Following the transaction, the insider now directly holds 57728.0 shares of the QCOM stock.
Still, SEC filings show that on Apr 04 ’25, Palkhiwala Akash J. (CFO & COO) disposed off 1,781 shares at an average price of $132.10 for $0.24 million. The insider now directly holds 57,997 shares of Qualcomm, Inc (QCOM).
