QUALCOMM Incorporated (QCOM) : The consensus on QUALCOMM Incorporated (QCOM) based on 22 analyst recommendation on the company stock is 2.32, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 9 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
QUALCOMM Incorporated (QCOM) : The highest level QUALCOMM Incorporated (QCOM) is projected to reach is $70 for the short term and the lowest estimate is at $39. The consolidated price target from 17 rating analysts who initiate coverage on the stock is $59.27 and the possibility the share price can swing is $8.16.
Shares of QUALCOMM Incorporated rose by 1.64% in the last five trading days and 3.89% for the last 4 weeks. QUALCOMM Incorporated is up 14.58% in the last 3-month period. Year-to-Date the stock performance stands at 28.61%. QUALCOMM Incorporated (NASDAQ:QCOM): stock turned positive on Tuesday. Though the stock opened at $63, the bulls momentum made the stock top out at $63.69 level for the day. The stock recorded a low of $62.83 and closed the trading day at $63.09, in the green by 0.41%. The total traded volume for the day was 5,970,672. The stock had closed at $62.83 in the previous days trading.
Qualcomm Incorporated (Qualcomm) is engaged in providing third-generation (3G), fourth-generation (4G) and next-generation wireless technologies. The Companys products include 2net, AllPlay, Brew, Gobi, Halo, HealthyCircles, Hy-Fi, IPQ, IZat, Pixtronix, Powerline, QChat, QLearn, Small Cells, Snapdragon, Vive, RaptorQ, Vuforia and WiPower. AllPlay helps manufacturers create devices and services. It also helps developers create Android and iPhone operating system (iOS) music streaming applications. The Companys Brew platform enables feature phone applications, such as gaming, messaging, Web browsing and social networking. Qualcomm Gobi modems connect users devices to 3G, 4G, and 4G long-term evolution (LTE) networks. Qualcomm Halo technology eliminates the need for plug-in cords for recharging in electric and hybrid vehicles. Qualcomm Powerline solutions turn electrical outlets into broadband connection points, creating networks by plugging in.