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 Q4 regulatory filings by fund managers ($100M+ AUM)
64% more first-time investments, than exits
New positions opened: 276 | Existing positions closed: 168
6% more repeat investments, than reductions
Existing positions increased: 1,051 | Existing positions reduced: 994
0.01% more ownership
Funds ownership: 74.43% [Q3] → 74.44% (+0.01%) [Q4]
1% less funds holding
Funds holding: 2,628 [Q3] → 2,605 (-23) [Q4]
8% less capital invested
Capital invested by funds: $141B [Q3] → $129B (-$11.7B) [Q4]
27% less funds holding in top 10
Funds holding in top 10: 100 [Q3] → 73 (-27) [Q4]
33% less call options, than puts
Call options by funds: $3.67B | Put options by funds: $5.52B
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Benchmark Cody Acree 56% 1-year accuracy 23 / 41 met price target | 45%upside $240 | Buy Reiterated | 7 Feb 2025 |
Evercore ISI Group Mark Lipacis 62% 1-year accuracy 32 / 52 met price target | 8%upside $179 | In-Line Maintained | 6 Feb 2025 |
Cantor Fitzgerald Matthew Prisco 71% 1-year accuracy 12 / 17 met price target | 3%downside $160 | Neutral Reiterated | 6 Feb 2025 |
Piper Sandler Harsh Kumar 49% 1-year accuracy 20 / 41 met price target | 15%upside $190 | Overweight Maintained | 6 Feb 2025 |
Rosenblatt Kevin Cassidy 58% 1-year accuracy 35 / 60 met price target | 51%upside $250 | Buy Maintained | 6 Feb 2025 |
Financial journalist opinion
Based on 77 articles about QCOM published over the past 30 days
