Analyst Ratings for Qualcomm Inc. (QCOM)

Updated: 2017-07-28

Shares of Qualcomm Inc. (NASDAQ:QCOM) have received a consensus rating of Overweight from Wall Street analysts. QCOM had previously received a consensus rating of Overweight a month ago.

12 analysts declared QCOM a buy, 2 gave an overweight rating, 16 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has decreased by 1.

Investment analysts gave a few price targets for QCOM. The most optimistic analyst gave a price target of 70, implying a possible profit of 33.36 percent. The minimum price target given was 52, implying a possible loss of -0.93 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -12.02 percent. The average change in earnings estimates over the last 90 days is -25.46 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -2.18 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -9.78 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 3 analysts increased their quarterly estimates, while 6 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, compared to 5 analysts that revised their FY estimates downwards.

The growth rate of QCOM's earnings is estimated by analysts to be 38.88 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. QCOM has a PEG ratio of 0.52.

In the trailing 52-weeks, QCOM hit 71.62 at the highest peak, while it's lowest trading point was 51.05. Today's price is 2.82 percent above the 52-week low, and 26.71 percent below the high. QCOM has a price/earnings ratio of 20.11. Investors typically compare the P/E ratio to a company's peers in the industry. The QCOM value stock report compares QCOM to some of its peers using value stock charts. The stock has a market capitalization of $78.51 billion. QCOM will post this quarters earnings in days, on 0000-00-00.