The stock of Qualcomm, Inc (NASDAQ:QCOM) last traded at $138.74, up 1.91% from the previous session.
QCOM stock price is now -9.86% away from the 50-day moving average and -15.98% away from the 200-day moving average. The market capitalization of the company currently stands at $153.45B.
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, Palkhiwala Akash J., CFO & COO sold 648 shares of the company’s stock on Apr 09 ’25. The stock was sold for $91,442 at an average price of $141.11. Upon completion of the transaction, the CFO & COO now directly owns 56,445 shares in the company, valued at $7.83 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 08 ’25, CFO & COO Palkhiwala Akash J. sold 635 shares of the business’s stock. A total of $84,633 was realized by selling the stock at an average price of $133.28. This leaves the insider owning 57,093 shares of the company worth $7.92 million. 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 $120.80 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 $153634045952, which is based on a 14.83 price-to-earnings ratio, a 2.26 price-to-earnings-growth ratio, and a beta of 1.29. The fifty day moving average price for QCOM is $153.9232 and a two-hundred day moving average price translates $165.12665 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. For the current quarter, analysts expect QCOM to generate $10.64B in revenue.
