Home » USA Broker Ratings » QUALCOMM Incorporated – Consenus Indicates Potential 15.4% Upside

QUALCOMM Incorporated – Consenus Indicates Potential 15.4% Upside

QUALCOMM Incorporated with ticker code (QCOM) have now 22 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 115 and 68 calculating the mean target price we have 86.51. Given that the stocks previous close was at 74.97 this indicates there is a potential upside of 15.4%. The 50 day moving average now sits at 74.18 while the 200 day moving average is 65.98. The company has a market capitalisation of $90,947m. Company Website: http://www.qualcomm.com

QUALCOMM Incorporated designs, develops, manufactures, and markets digital communication products worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access, and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, wideband CDMA, CDMA time division duplex, long term evolution, and/or fifth generation standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including automotive, Internet of things, mobile, data center, and healthcare for supporting the design and introduction of new products and services for voice and data communications, and new industry segments. The company also provides products and services for mobile health; products designed for the implementation of small cells; development, and other services and related products to the United States government agencies and their contractors; and software products, and content and push-to-talk enablement services to wireless operators. In addition, it licenses chipset technology, and products and services for use in data centers. QUALCOMM Incorporated was founded in 1985 and is headquartered in San Diego, California.