# QUALCOMM Incorporated  Share Price Target ‘$163.15’, now -3.6% Downside Potential

- Link: https://www.directorstalkinterviews.com/qualcomm-incorporated-share-price-target-163.15-now-3.6-downside-potential/4121149511
- Published: 2024-04-02T12:27:57+01:00
- Author: Charlotte Edwards

**QUALCOMM Incorporated** which can be found using ticker (QCOM) now have 29 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The target
price High/Low ranges between $200.00 and $120.00 calculating the average target
share price we see $163.15. (at the time of writing). Now with the previous closing
price of $169.30 this would imply there is a potential downside of -3.6%. Also worth
taking note is the 50 day moving average now sits at $157.97 and the 200 day moving
average is $130.45. The total market capitalization for the company now stands at
191.64B. The current share price for the company is: $171.72 USD

 The potential market cap would be $184,678,012,774 based on the market consensus.

The company has a dividend yield of 2.88%. Other points of data to note are a P/
E ratio of 24.5, revenue per share of $32.53 and a 11.02% return on assets.

Qualcomm Incorporated is engaged in the development and commercialization of foundational
technologies for the wireless industry. The Company’s segments Qualcomm CDMA Technologies(
QCT), Qualcomm Technology Licensing (QTL) and Qualcomm Strategic Initiatives (QSI).
QCT segment develops and supplies integrated circuits and system software based 
on third generation/fourth generation/fifth generation (3G/4G/5G) and other technologies
for use in wireless voice and data communications, networking, computing, multimedia
and global positioning system (GPS) products. QTL Segment grants licenses or otherwise
provides rights to use portions of its intellectual property portfolio, which, among
other rights, includes certain patent rights essential to and/or useful in the manufacture,
sale and/or use of certain wireless products, including, without limitation, products
implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives.
QSI Segment makes strategic investments.

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