Qualcomm, Inc (QCOM) concluded trading on Wednesday at a closing price of $175.22, with 6.84 million shares of worth about $1.2 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.77% during that period and on February 19, 2025 the price saw a gain of about 0.91%. Currently the company’s common shares owned by public are about 1.11B shares, out of which, 1.10B shares are available for trading.
Stock saw a price change of 1.88% in past 5 days and over the past one month there was a price change of 6.48%. Year-to-date (YTD), QCOM shares are showing a performance of 14.06% which increased to 12.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $148.90 but also hit the highest price of $230.63 during that period. The average intraday trading volume for Qualcomm, Inc shares is 7.89 million. The stock is currently trading 1.89% above its 20-day simple moving average (SMA20), while that difference is up 6.99% for SMA50 and it goes to -0.39% lower than SMA200.
Qualcomm, Inc (NASDAQ: QCOM) currently have 1.11B outstanding shares and institutions hold larger chunk of about 76.71% of that.
The stock has a current market capitalization of $193.79B and its 3Y-monthly beta is at 1.28. PE ratio of stock for trailing 12 months is 18.73, while it has posted earnings per share of $9.36 in the same period. Its PEG reads 2.67 and has Quick Ratio of 1.99 while making debt-to-equity ratio of 0.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for QCOM, volatility over the week remained 1.52% while standing at 2.25% over the month.
Stock’s fiscal year EPS is expected to rise by 14.94% while it is estimated to increase by 4.48% in next year. EPS is likely to shrink at an annualized rate of 7.02% for next 5-years, compared to annual growth of 20.08% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Barclays on January 17, 2025 offering an Overweight rating for the stock and assigned a target price range of between $200 and $185 to it. Coverage by Melius stated Qualcomm, Inc (QCOM) stock as a Hold in their note to investors on December 09, 2024, suggesting a price target of $180 for the stock. On November 12, 2024, Loop Capital Initiated their recommendations, while on October 16, 2024, Citigroup Reiterated their ratings for the stock with a price target of $185. Stock get a Sector weight rating from KeyBanc Capital Markets on October 08, 2024.
