QualcommQCOM
About: Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
Employees: 49,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
19% more repeat investments, than reductions
Existing positions increased: 1,170 | Existing positions reduced: 982
4.0% less ownership
Funds ownership: 77.89% [Q2] → 73.89% (-4.0%) [Q3]
4% less funds holding
Funds holding: 2,728 [Q2] → 2,615 (-113) [Q3]
19% less capital invested
Capital invested by funds: $174B [Q2] → $140B (-$33.8B) [Q3]
29% less call options, than puts
Call options by funds: $4.08B | Put options by funds: $5.74B
44% less first-time investments, than exits
New positions opened: 145 | Existing positions closed: 258
46% less funds holding in top 10
Funds holding in top 10: 184 [Q2] → 100 (-84) [Q3]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
Melius Research Ben Reitzes 38% 1-year accuracy 3 / 8 met price target | 18%upside $180 | Hold Initiated | 9 Dec 2024 |
Susquehanna Christopher Rolland 47% 1-year accuracy 74 / 157 met price target | 37%upside $210 | Positive Maintained | 20 Nov 2024 |
Cantor Fitzgerald C J Muse 44% 1-year accuracy 36 / 82 met price target | 5%upside $160 | Neutral Reiterated | 20 Nov 2024 |
Loop Capital Gary Mobley 71% 1-year accuracy 15 / 21 met price target | 18%upside $180 | Hold Initiated | 11 Nov 2024 |
Morgan Stanley Joseph Moore 63% 1-year accuracy 36 / 57 met price target | 33%upside $204 | Equal-Weight Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 40 articles about QCOM published over the past 30 days