QUALCOMM orporated found using ticker (QCOM) now have 24 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 115 and 41.68 with the average target price sitting at 94.49. Now with the previous closing price of 79.96 this would indicate that there is a potential upside of 18.2%. The 50 day moving average now sits at 84.29 and the 200 day moving average is 76.55. The market capitalisation for the company is $93,722m. Company Website: http://www.qualcomm.com
QUALCOMM orporated 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. This segment also provides products designed for the implementation of small cells. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which lude 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, luding artificial intelligence, automotive, digital healthcare, enterprise software and solutions, mobile and networking and investment for supporting the design and introduction of new products and services for voice and data communications, and new industry segments. The company also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM orporated was founded in 1985 and is headquartered in San Diego, California.