# QUALCOMM Incorporated  Share Price Target ‘$192.21’, now -10.8% Downside Potential

- Link: https://www.directorstalkinterviews.com/qualcomm-incorporated-share-price-target-192.21-now-10.8-downside-potential/4121161841
- Published: 2024-06-24T13:03:31+01:00
- Author: Charlotte Edwards

**QUALCOMM Incorporated** with ticker code (QCOM) now have 30 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The range between
the high target price and low target price is between $245.00 and $132.00 calculating
the average target share price we see $192.21. (at the time of writing). Given that
the stocks previous close was at $215.47 this now indicates there is a potential
downside of -10.8%. The 50 day MA is $190.54 and the 200 day moving average is $
150.62. The market capitalization for the company is 237.18B. The current share 
price for the company is: $212.53 USD

 The potential market cap would be $211,579,511,956 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 28.34, revenue per share of $32.64 and a 11.14% 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.

Share on: