In Friday’s Wall Street session, Qualcomm, Inc (NASDAQ:QCOM) shares traded at $152.72, down -3.32% from the previous session.
QCOM stock price is now -6.85% away from the 50-day moving average and -10.52% away from the 200-day moving average. The market capitalization of the company currently stands at $168.91B.
With the price target reduced from $200 to $185, Barclays maintained Overweight rating for Qualcomm, Inc (NASDAQ: QCOM). On December 09, 2024, Melius recently initiated its ‘Hold’ rating on the stock quoting a target price of $180, while ‘Loop Capital’ rates the stock as ‘Hold’
In other news, ACE HEATHER S, Chief Human Resources Officer sold 1,600 shares of the company’s stock on Mar 12 ’25. The stock was sold for $246,784 at an average price of $154.24. Upon completion of the transaction, the Chief Human Resources Officer now directly owns 24,393 shares in the company, valued at $3.73 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’25, Officer ACE HEATHER S bought 1,600 shares of the business’s stock. A total of $246,784 was incurred on buying the stock at an average price of $154.24. A total of 0.10% of the company’s stock is owned by insiders.
During the past 12 months, Qualcomm, Inc has had a low of $149.43 and a high of $230.63. As of last week, the company has a debt-to-equity ratio of 0.54, a current ratio of 2.62, and a quick ratio of 1.99. According to the stock market information, the enterprise value for the company is $169087418368, which is based on a 16.32 price-to-earnings ratio, a 2.31 price-to-earnings-growth ratio, and a beta of 1.29. The fifty day moving average price for QCOM is $163.9508 and a two-hundred day moving average price translates $170.67026 for the stock.
The latest earnings results from Qualcomm, Inc (NASDAQ: QCOM) was released for 2024-12-29. The net profit margin was 25.94% and return on equity was 41.96% for QCOM. The company reported revenue of $11.67 billion for the quarter, compared to $9.94 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.45 percent.
