Price Target Estimates Under Analyst’s Radar: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) soared 1.15% during previous trade, a total of 6.18M shares exchanged hands compared with its average trading volume of 7.45M shares whereas its relative volume is 0.70. The stock has a market capitalization of $99.94B along with 1.48B outstanding shares. Stock’s intraday price range hit the peak level of $67.08 and touched the lowest level of $66.16.

Most recently QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 12/14/16 and according to 24 analysts stock’s price will reach at $73.79 during 52 weeks with standard deviation of 13.42. Stock’s minimum price target estimates has been figured out at $58 while the maximum price target forecast is established at $83, if we look at the price target with an optimistic approach it has upside potential of 24% from its latest closing price of $66.88.

Historically, if we look at price target revisions, three weeks ago QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 12/14/16 by the analysts, however the bullish price estimates of the stock set at $83 while the bearish estimates kept at $39 over the next one year. Stock’s 52-week target was retained at $67.94, the estimates indicates a standard deviation of 13.14.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.87. ABR value is precisely based on brokerage recommendations, where out of 23 brokerage recommendations 14 rate QUALCOMM, Inc. (NASDAQ:QCOM) stock a Strong Buy, 0 rate the stocks of the company a Buy, 8 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 1/12/17 the stock of QUALCOMM, Inc. (NASDAQ:QCOM) upgraded by Rosenblatt from Neutral to Buy. However previously on 11/10/16 it was downgraded by JP Morgan from Overweight to Neutral. A research note issued on 10/31/16 the stock was downgraded by Morgan Stanley from Overweight to Equal-Weight.

QUALCOMM, Inc. (NASDAQ:QCOM) performance over the past one year soared 45.13% whereas its year to date (YTD) performance indicated a bullish trend of 2.58%. During the last six months the stock climbed 24.16%. Quarterly performance of the company shows optimistic momentum of 2.59% while its last one month trend is negative with -3.55%. Stock’s weekly performance expressed up trend of 2.06%.

The company’s price sits 0.19% above from its 50-day moving average of $66.78 and 12.14% far from the stock’s 200-day moving average which is $63.86. QUALCOMM, Inc. (NASDAQ:QCOM)’s shares are currently trading -5.89% away from the 52-week high price of $71.06 and +64% far from the 52-week low price of $40.78.

According to consensus agreement of 21 analysts QUALCOMM, Inc. (NASDAQ:QCOM) will report earnings per share of $1.18 in their quarterly report and it is expected to announce the company’s results on 1/25/17 After Market Close. For the current quarter the company has high EPS estimates of $1.24 in contradiction of low EPS estimates of $1.15. However a year ago for the same quarter the company has reported $0.97 EPS. Current year EPS projections for QUALCOMM, Inc. (NASDAQ:QCOM) set at $4.76 according to the sentiments of 26 analysts, while its lowest earnings estimates are $4.28 and highest earnings estimates are $5.32.

According to 20 analysts, QUALCOMM, Inc. (NASDAQ:QCOM)’s revenue estimates for the current quarter are $6.12B meanwhile the company has high revenue estimates of $6.25B in contradiction of low revenue estimates of $6.08B. For the current year the company’s revenue estimates are $23.83B compared to low analyst estimates of $21.49B and high estimates of $25.16B according to the projection of 25 analysts.

Recent Analyst Updates on: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) rose 0.03% during previous trade. Rosenblatt issued rating on the stock of QUALCOMM, Inc. (NASDAQ:QCOM) in a research note issued to investors on Jan-12-17, the stock received “Upgrade” rating from Neutral to Buy. Additionally Citigroup issued their verdict on the stock of the company, on record date of Dec-21-16 the stock was “Initiated” as Neutral that on Dec-14-16 QUALCOMM, Inc. (NASDAQ:QCOM) was “Downgraded” by JP Morgan from Overweight to Neutral at $70. Furthermore on Nov-10-16 the stock was “Downgraded” by Morgan Stanley from Overweight to Equal-Weight.

QUALCOMM, Inc. (NASDAQ:QCOM) shares ended last trading session at the price of $66.12 whereas a number of traders indicating mean target price will hit $73.79 over the next twelve months, mean value of price target most recently revised on 12/14/16. QUALCOMM, Inc. (NASDAQ:QCOM)’s highest estimates of price target are $83 and low forecast is $58 based on the opinion of 22 analysts. The price target estimates represents a standard deviation of 13.42. However brokerage recommendations suggests an ABR of 1.87 based on calls of 23 experts, where 14 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 8 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.

QUALCOMM, Inc. (NASDAQ:QCOM) is expected to release the earnings of its current quarter on 1/25/17After Market Close. The company is expected to release $1.18 EPS for current quarter according to 21 analysts whereas the company reported $0.97 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $1.15 and high estimate of $1.24. For the current year QUALCOMM, Inc. (NASDAQ:QCOM) has set to release EPS of $4.76 as per the sentiments of 26 analysts, however according to 21 analysts, the company expected to release $4.97 EPS for next year.

QUALCOMM, Inc. (NASDAQ:QCOM)’s average revenue estimates for the current quarter are $6.12B according to 20 number of analysts. However its lowest revenue estimates are $6.08B and highest revenue estimates are $6.25B. A year ago the company’s sales were $5.77B. Its yearly sales growth estimates are 6.10%. For the next quarter the company has anticipated average revenues of $5.9B, according to the sentiments of 20 analysts. For the current year the company has fixed $23.83B revenues, as per the opinion of 25 analysts. For the current year the company has low revenue estimates of $21.49B in contradiction of high revenue estimates of $25.16B. Whereas for the next year revenues are set at $24.42B by 20 analysts.

The stock exchanged hands 6.10M shares versus average trading capacity 7.47M shares, while its shares’ total market worth is $98.35B along with 1.48B outstanding shares. QUALCOMM, Inc. (NASDAQ:QCOM) shares were trading -6.96% below from the 52-week high price mark of $71.06 and +62.13% above from the 52-week price bottom of $40.78. However the company observed 52 week high price on 10/27/16 and witnessed 52 week low price on 02/11/16. The company’s price sits -1.01% below from its 50-day moving average of $66.78 and 11.02% far from the stock’s 200-day moving average which is $63.75. QUALCOMM, Inc. (NASDAQ:QCOM)’s price to sales ratio for trailing twelve month stands at 4.15, whereas its price to book ratio for most recent quarter sits at 3.07. However the company’s price to cash per share for most recent quarter stands at 5.24. Its price to free cash flow for trailing twelve months is 25.23.

On the Move Insider Trading: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) exchanged hands 5,710,149 shares versus average trading capacity of 8.84M shares, while its relative trading volume is 0.69. QUALCOMM, Inc. (NASDAQ:QCOM)’s total market worth is $96.90B along with 1.48B outstanding shares.

Insiders has most recently took part in a trading activity, Aberle Derek K, President of the company in a transaction that occurred 1/9/2017 sold 11,621 shares of the stock. The stock was sold at a price of $65.68, for a total value of $763,218. Subsequent to the transaction Aberle Derek K owned a total of 5,653 shares of the stock.

In a separate transaction on 1/3/2017, Grob Matthew S, EVP, QUALCOMM Technologies Inc sold 2,000 shares of the stock. The stock was sold at a price of $65.86, for a total worth of $131,720.

Moreover, Rogers Alexander H, EVP & President, QTL sold 8,993 shares of the stock in a reserved transaction that ensued on 12/29/2016. At a price of $65.50, the stock was sold for an entire value of $589,042. Consequent to the transaction Rogers Alexander H owned a total of 655 shares of the stock.

Currently, 0.17% shares of QUALCOMM, Inc. (NASDAQ:QCOM) are owned by insiders with -12.79% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For QUALCOMM, Inc. (NASDAQ:QCOM) total 27 number of trades held during last 3 months and 82 during last 12 months, out of them 3 numbers of buys held in last 3 months and 16 buys in last 12 months. Whereas 24 numbers of sells held in last 3 months and 66 sells over the past 12 months.

For the duration of last three months QUALCOMM, Inc. (NASDAQ:QCOM)’s total number of shares bought are 668 and sold 256,113 from a total of 256,781 traded shares. During last twelve months 20,024 number of shares bought and 784,329 sold from a total of 804,353 shares traded. A net activity of 255,445 took place in the course of three months, while 764,305 during last twelve months. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC).

QUALCOMM, Inc. (NASDAQ:QCOM) ended last trading session at the price of $65.63 whereas a number of traders indicating mean target price will hit $73.50 over the next twelve months, mean value of price target most recently revised on 12/14/16. QUALCOMM, Inc. (NASDAQ:QCOM)’s highest estimates of price target are $83.00 and low forecast is $58.00 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 13.42. However brokerage recommendations suggests an ABR of 1.87 based on calls of 23 experts.

QUALCOMM, Inc. (NASDAQ:QCOM) is expected to release the earnings of its current quarter on 1/25/17 After Market Close. The company is expected to release $1.18 EPS during current quarter according to 20 analysts whereas the company reported $0.97 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $1.15 and high estimate of $1.24. QUALCOMM, Inc. (NASDAQ:QCOM)’s average revenue estimates for the current quarter are $6.12B according to 20 number of analysts. However its lowest revenue estimates are $6.08B and highest revenue estimates are $6.25B. A year ago the company’s sales were $5.77B. Its yearly sales growth estimates are 6.10%. Past 5 years growth of QUALCOMM, Inc. (NASDAQ:QCOM) observed at 4.58%, and for the next five years the analysts that follow this company are expecting its growth at 10.50%.

Microsoft Corporation (NASDAQ:MSFT) and Qualcomm (NASDAQ:QCOM) are backing Israel’s cybersecurity firm Team8

Microsoft Corporation (NASDAQ:MSFT) and Qualcomm (NASDAQ:QCOM) invested in Israeli cybersecurity firm Team8, set up is made by three ex members of the IDF (Israeli Defence Force).

The cybersecurity firm name Team8 was founded by Nadav Zafrir, Israel Grinberg and Liran Grinberg and it is announced on Monday that the company has received an investment from the companies which will be used to build cybersecurity startup portfolio. A spokesperson form Team8 refused to tell exact figure but it seems that it will be in tens of millions of dollars.

On Monday Team8 announced a strategic partnership with Citi which will help to develop its products. It is also said that after adding recent investment total amount reached above $92 million.

Along with Microsoft and Qualcomm other organizations that have earlier invested money are AT&T, Cisco, Nokia, Accenture, Japan’s Mitsui, Singapore’s Temasek, Bessemer Venture Partners, Marker LLC and executive chairman of Google Eric Schmidt’s Innovation Endeavors.

Microsoft Israel’s development center’s general manager Yoram Yaacovi, said that two or three years ago attempted cyber-attacks number was 20,000 a week and now this figure has elevated to 600,000-700,000.

Israel has almost 450 cyber security firms, through which it receive 20% of global investment in the sector. Even though cyber security need is increasing quickly, but the increase of new startups means that some companies strive in every subsector.

Nadav Zafrir, CEO of the company claimed that Team8’s cyber syndicate is the strongest syndicate in the world.

Corporate Vice President at Microsoft Ventures, Nagraj Kashyap said that tech and ecosystem of Israel is very prevalent for its creativity and innovation and the expertise of it in cybersecurity really outstanding.

In 2016 during Team8’s first commercial year of operations, it claims that its portfolio companies made above $22 million in sales. After just 2 and half years the company has 180 employees in Israel, United Kingdom, Singapore and United States and plans to hire 100 more in the year 2017.

Recent Insider Activity: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) exchanged hands 9,492,900 shares versus average trading capacity of 9.08M shares, while its relative trading volume is 1.04. QUALCOMM, Inc. (NASDAQ:QCOM)’s total market worth is $95.36B along with 1.48B outstanding shares.

Insiders has most recently took part in a trading activity, Rogers Alexander H, EVP & President, QTL of the company in a transaction that occurred 12/29/2016 sold 8,993 shares of the stock. The stock was sold at a price of $65.50, for a total value of $589,042. Subsequent to the transaction Rogers Alexander H owned a total of 655 shares of the stock.

In a separate transaction on 12/19/2016, Mollenkopf Steven M, Chief Executive Officer sold 52,279 shares of the stock. The stock was sold at a price of $67.02, for a total worth of $3,503,739. Succeeding to the transaction Mollenkopf Steven M owned overall 302,436 shares of the stock.

Moreover, Mollenkopf Steven M, Chief Executive Officer sold 47,051 shares of the stock in a reserved transaction that ensued on 12/19/2016. At a price of $67.02, the stock was sold for an entire value of $3,153,358. Consequent to the transaction Mollenkopf Steven M owned a total of 345,555 shares of the stock.

Currently, 0.17% shares of QUALCOMM, Inc. (NASDAQ:QCOM) are owned by insiders with -12.23% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For QUALCOMM, Inc. (NASDAQ:QCOM) total 22 number of trades held during last 3 months and 77 during last 12 months, out of them 0 numbers of buys held in last 3 months and 13 buys in last 12 months. Whereas 22 numbers of sells held in last 3 months and 64 sells over the past 12 months.

For the duration of last three months QUALCOMM, Inc. (NASDAQ:QCOM)’s total number of shares bought are 0 and sold 242,492 from a total of 242,492 traded shares. During last twelve months 19,356 number of shares bought and 770,708 sold from a total of 790,064 shares traded. A net activity of 242,492 took place in the course of three months, while 751,352 during last twelve months. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC).

QUALCOMM, Inc. (NASDAQ:QCOM) ended last trading session at the price of $65.40 whereas a number of traders indicating mean target price will hit $73.50 over the next twelve months, mean value of price target most recently revised on 12/14/16. QUALCOMM, Inc. (NASDAQ:QCOM)’s highest estimates of price target are $83.00 and low forecast is $58.00 based on the opinion of 24 analysts. The price target estimates represents a standard deviation of 13.14. However brokerage recommendations suggests an ABR of 1.87 based on calls of 23 experts.

QUALCOMM, Inc. (NASDAQ:QCOM) is expected to release the earnings of its current quarter on 1/25/17 After Market Close. The company is expected to release $1.17 EPS during current quarter according to 21 analysts whereas the company reported $0.97 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $1.06 and high estimate of $1.22. QUALCOMM, Inc. (NASDAQ:QCOM)’s average revenue estimates for the current quarter are $6.11B according to 20 number of analysts. However its lowest revenue estimates are $6B and highest revenue estimates are $6.25B. A year ago the company’s sales were $5.77B. Its yearly sales growth estimates are 6.00%. Past 5 years growth of QUALCOMM, Inc. (NASDAQ:QCOM) observed at 4.58%, and for the next five years the analysts that follow this company are expecting its growth at 10.50%.

Analysts Review on: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) soared 0.15% during previous trade, a total of 3.09M shares exchanged hands compared with its average trading volume of 8.71M shares whereas its relative volume is 0.30. The stock has a market capitalization of $98.30B along with 1.48B outstanding shares. Stock’s intraday price range hit the peak level of $66.94 and touched the lowest level of $66.52.

Most recently QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 12/14/16 and according to 24 analysts stock’s price will reach at $73.50 during 52 weeks with standard deviation of 13.14. Stock’s minimum price target estimates has been figured out at $58 while the maximum price target forecast is established at $83, if we look at the price target with an optimistic approach it has upside potential of 24% from its latest closing price of $66.86.

Historically, if we look at price target revisions, three weeks ago QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 11/18/16 by the analysts, however the bullish price estimates of the stock set at $83 while the bearish estimates kept at $39 over the next one year. Stock’s 52-week target was retained at $67.94, the estimates indicates a standard deviation of 13.14.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.87. ABR value is precisely based on brokerage recommendations, where out of 23 brokerage recommendations 14 rate QUALCOMM, Inc. (NASDAQ:QCOM) stock a Strong Buy, 0 rate the stocks of the company a Buy, 8 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 12/14/16 the stock of QUALCOMM, Inc. (NASDAQ:QCOM) downgraded by JP Morgan from Overweight to Neutral. However previously on 11/10/16 it was downgraded by Morgan Stanley from Overweight to Equal-Weight. A research note issued on 10/31/16 the stock was upgraded by Nomura from Neutral to Buy.

QUALCOMM, Inc. (NASDAQ:QCOM) performance over the past one year soared 39.76% whereas its year to date (YTD) performance indicated a bullish trend of 38.53%. During the last six months the stock climbed 32.88%. Quarterly performance of the company shows optimistic momentum of 8.14% while its last one month trend is negative with -1.10%. Stock’s weekly performance expressed up trend of 0.60%.

The company’s price sits -0.19% below from its 50-day moving average of $67.29 and 14.07% far from the stock’s 200-day moving average which is $62.59. QUALCOMM, Inc. (NASDAQ:QCOM)’s shares are currently trading -63.95% away from the 52-week high price of $71.06 and +63.95% far from the 52-week low price of $40.78.

According to consensus agreement of 21 analysts QUALCOMM, Inc. (NASDAQ:QCOM) will report earnings per share of $1.17 in their quarterly report and it is expected to announce the company’s results on 1/25/17 After Market Close. For the current quarter the company has high EPS estimates of $1.22 in contradiction of low EPS estimates of $1.06. However a year ago for the same quarter the company has reported $0.97 EPS. Current year EPS projections for QUALCOMM, Inc. (NASDAQ:QCOM) set at $4.71 according to the sentiments of 26 analysts, while its lowest earnings estimates are $4.07 and highest earnings estimates are $5.32.

According to 20 analysts, QUALCOMM, Inc. (NASDAQ:QCOM)’s revenue estimates for the current quarter are $6.11B meanwhile the company has high revenue estimates of $6.25B in contradiction of low revenue estimates of $6B. For the current year the company’s revenue estimates are $23.85B compared to low analyst estimates of $21.49B and high estimates of $25.16B according to the projection of 25 analysts.

Mover to Watch: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) share price plunged -2.31% or -1.57 points to reach at $66.46 during previous trading session. The stock’s price fluctuated within the range of $66.30 – $68.49 during previous trading session. A total of 10.25M shares exchanged hands, whereas the company’s average trading volume stands at 17,631,800 shares. QUALCOMM, Inc. (NASDAQ:QCOM) has a market capitalization of $95.89B and most recently 1.48B outstanding shares have been calculated.

In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.

Relative strength index (RSI-14) for QUALCOMM, Inc. (NASDAQ:QCOM) is at 47.12.

According to sentiments of 22 analysts the mean estimates of short term price target for the company’s stock is marked at $73.36. The most optimistic analyst sees the stock reaching $83.00 while the most conventional predicts the target price at $58.00.

The consensus mean EPS for the current quarter is at $1.17 derived from a total of 19 estimates. According to analysts minimum EPS for the current quarter is expected at $1.06 and can go high up to $1.22. However a year ago during same quarter QUALCOMM, Inc. (NASDAQ:QCOM) reported $0.97 EPS.

For the upcoming quarter, initial predictions are anticipating that the company will post earnings of $1.2 per share according to consensus of 19 analysts.

According to sentiments of 19 analysts the company is expected to report revenues of $6.11B for the current quarter. Bearish revenue estimates established at $6B while the bullish revenue forecast has been figured out at $6.25B.

In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.28 on the shares of QUALCOMM, Inc. (NASDAQ:QCOM). Out of rating recommendations 7 have given the stock a Buy while 7 recommend the stock as Outperform. 15 have given the stock a Hold rating, 0 as Underperform and 0 as Sell.

On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. QUALCOMM, Inc. (NASDAQ:QCOM)’s distance from 20 day simple moving average is -1.34% whereas its distance from 50 day simple moving average is -0.73% along with 14.15% distance from 200 day simple moving average.

Important factors to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. QUALCOMM, Inc. (NASDAQ:QCOM) shares were trading – 6.48 % below from the 52-week high mark of $40.78 and +62.97% above from the 52-week bottom of $71.06. The stock hit its 52-week high price on 10/27/16, and 52-week low price on 02/11/16.

When we have a peek on stock’s historical trends we come to know that, the stock has slipped -3.01% in the past one week and soared 1.03% during previous one month drive, the stock went up 6.55% during past quarter. In the last six months the stock’s performance soared 25.34% while yearly performance of the company advanced 44.80%. The company’s year to date (YTD) performance is at 37.70%.

While taking a glance at financials, we can look at a number of key indicators. QUALCOMM, Inc. (NASDAQ:QCOM) has a Return on Assets (ROA) of 11.20%. The company currently has a Return on Equity (ROE) of 18.70% and a Return on Investment (ROI) of 11.90%. Average true range (ATR-14) of the company sets at 1.54, along with its weekly and monthly volatility of 2.36%, 2.14% respectively. Beta value of the stock stands at 1.36.

The company’s price to free cash flow for trailing twelve months is 25.96. Its quick ratio for most recent quarter is 2.90 along with current ratio for most recent quarter of 3.10. Total debt to equity ratio of the company for most recent quarter is 0.37 whereas long term debt to equity ratio for most recent quarter is 0.31.

Analyst Viewpoints on Rating and Recommendation: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) fell -2.57% during previous trade. JP Morgan issued rating on the stock of QUALCOMM, Inc. (NASDAQ:QCOM) in a research note issued to investors on Dec-14-16, the stock received “Downgrade” rating from Overweight to Neutral at $70. Additionally Morgan Stanley issued their verdict on the stock of the company, on record date of Nov-10-16 the stock was “Downgraded” from Overweight to Equal-Weight besides that on Oct-31-16 QUALCOMM, Inc. (NASDAQ:QCOM) was “Upgraded” by Nomura from Neutral to Buy. Furthermore on Oct-12-16 the stock was “Reiterated” by Canaccord Genuity as Buy from $70 to $75.

QUALCOMM, Inc. (NASDAQ:QCOM) shares ended last trading session at the price of $67.56 whereas a number of traders indicating mean target price will hit $73.36 over the next twelve months, mean value of price target most recently revised on 11/18/16. QUALCOMM, Inc. (NASDAQ:QCOM)’s highest estimates of price target are $83 and low forecast is $58 based on the opinion of 22 analysts. The price target estimates represents a standard deviation of 13.14. However brokerage recommendations suggests an ABR of 1.78 based on calls of 23 experts, where 15 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 7 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.

QUALCOMM, Inc. (NASDAQ:QCOM) is expected to release the earnings of its current quarter on 1/25/17After Market Close. The company is expected to release $1.17 EPS for current quarter according to 19 analysts whereas the company reported $0.97 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $1.06 and high estimate of $1.22. For the current year QUALCOMM, Inc. (NASDAQ:QCOM) has set to release EPS of $4.72 as per the sentiments of 24 analysts, however according to 20 analysts, the company expected to release $4.99 EPS for next year.

QUALCOMM, Inc. (NASDAQ:QCOM)’s average revenue estimates for the current quarter are $6.11B according to 19 number of analysts. However its lowest revenue estimates are $6B and highest revenue estimates are $6.25B. A year ago the company’s sales were $5.77B. Its yearly sales growth estimates are 5.90%. For the next quarter the company has anticipated average revenues of $5.92B, according to the sentiments of 19 analysts. For the current year the company has fixed $23.84B revenues, as per the opinion of 24 analysts. For the current year the company has low revenue estimates of $21.49B in contradiction of high revenue estimates of $25.16B. Whereas for the next year revenues are set at $24.43B by 20 analysts.

The stock exchanged hands 9.96M shares versus average trading capacity of 9.20M shares, while its shares’ total market worth is $101.05B along with 1.48B outstanding shares. QUALCOMM, Inc. (NASDAQ:QCOM) shares were trading -4.93% below from the 52-week high price mark of $71.06 and +65.66% above from the 52-week price bottom of $40.78. However the company observed 52 week high price on 10/27/16 and witnessed 52 week low price on 02/11/16. The company’s price sits 1% above from its 50-day moving average of $67.53 and 16.37% far from the stock’s 200-day moving average which is $62.09. QUALCOMM, Inc. (NASDAQ:QCOM)’s price to sales ratio for trailing twelve month stands at 4.24, whereas its price to book ratio for most recent quarter sits at 3.14. However the company’s price to cash per share for most recent quarter stands at 5.35. Its price to free cash flow for trailing twelve months is 25.79.

Analytical Approach on Price Target Estimates: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) soared 0.31% during previous trade, a total of 5.55M shares exchanged hands compared with its average trading volume of 10.74M shares whereas its relative volume is 0.53. The stock has a market capitalization of $104.26B along with 1.48B outstanding shares. Stock’s intraday price range hit the peak level of $69.18 and touched the lowest level of $68.37.

Most recently QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 11/18/16 and according to 22 analysts stock’s price will reach at $73.36 during 52 weeks with standard deviation of 13.14. Stock’s minimum price target estimates has been figured out at $58 while the maximum price target forecast is established at $83, if we look at the price target with an optimistic approach it has upside potential of 23% from its latest closing price of $68.55.

Historically, if we look at price target revisions, three weeks ago QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 11/03/16 by the analysts, however the bullish price estimates of the stock set at $83 while the bearish estimates kept at $39 over the next one year. Stock’s 52-week target was retained at $67.94, the estimates indicates a standard deviation of 13.14.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.78. ABR value is precisely based on brokerage recommendations, where out of 23 brokerage recommendations 15 rate QUALCOMM, Inc. (NASDAQ:QCOM) stock a Strong Buy, 0 rate the stocks of the company a Buy, 7 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 11/10/16 the stock of QUALCOMM, Inc. (NASDAQ:QCOM) downgraded by Morgan Stanley from Overweight to Equal-Weight. However previously on 10/31/16 it was upgraded by Nomura from Neutral to Buy. A research note issued on 9/30/16 the stock was upgraded by Mizuho from Neutral to Buy.

QUALCOMM, Inc. (NASDAQ:QCOM) performance over the past one year soared 46.12% whereas its year to date (YTD) performance indicated a bullish trend of 42.03%. During the last six months the stock climbed 29.43%. Quarterly performance of the company shows optimistic momentum of 14.15% while its last one month trend is positive with 1.20%. Stock’s weekly performance expressed up trend of 6.84%.

The company’s price sits 2.80% above from its 50-day moving average of $67.37 and 18.84% far from the stock’s 200-day moving average which is $61.62. QUALCOMM, Inc. (NASDAQ:QCOM)’s shares are currently trading -3.54% away from the 52-week high price of $71.06 and +68.09% far from the 52-week low price of $40.78.

According to consensus agreement of 19 analysts QUALCOMM, Inc. (NASDAQ:QCOM) will report earnings per share of $1.18 in their quarterly report and it is expected to announce the company’s results on 1/25/17 After Market Close. For the current quarter the company has high EPS estimates of $1.22 in contradiction of low EPS estimates of $1.15. However a year ago for the same quarter the company has reported $0.97 EPS. Current year EPS projections for QUALCOMM, Inc. (NASDAQ:QCOM) set at $4.74 according to the sentiments of 24 analysts, while its lowest earnings estimates are $4.28 and highest earnings estimates are $5.32.

According to 19 analysts, QUALCOMM, Inc. (NASDAQ:QCOM)’s revenue estimates for the current quarter are $6.11B meanwhile the company has high revenue estimates of $6.25B in contradiction of low revenue estimates of $6B. For the current year the company’s revenue estimates are $23.84B compared to low analyst estimates of $21.49B and high estimates of $25.16B according to the projection of 24 analysts.

Analyst Insights on Price Reaction History: QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) plunged -0.31% during previous trade, a total of 7.87M shares exchanged hands compared with its average trading volume of 10.63M shares whereas its relative volume is 0.80. The stock has a market capitalization of $110.61B along with 1.48B outstanding shares. Stock’s intraday price range hit the peak level of $67.20 and touched the lowest level of $66.15.

Most recently QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 11/18/16 and according to 21 analysts stock’s price will reach at $73.62 during 52 weeks with standard deviation of 13.14. Stock’s minimum price target estimates has been figured out at $58 while the maximum price target forecast is established at $83, if we look at the price target with an optimistic approach it has upside potential of 23% from its latest closing price of $67.10.

Historically, if we look at price target revisions, three weeks ago QUALCOMM, Inc. (NASDAQ:QCOM)’s price target was revised on 10/27/16 by the analysts, however the bullish price estimates of the stock set at $80 while the bearish estimates kept at $39 over the next one year. Stock’s 52-week target was retained at $63.97, the estimates indicates a standard deviation of 11.46.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.78. ABR value is precisely based on brokerage recommendations, where out of 23 brokerage recommendations 15 rate QUALCOMM, Inc. (NASDAQ:QCOM) stock a Strong Buy, 0 rate the stocks of the company a Buy, 7 rate Hold, 0 rate Sell and 1 recommend a Strong Sell. Most recently on 11/10/16 the stock of QUALCOMM, Inc. (NASDAQ:QCOM) downgraded by Morgan Stanley from Overweight to Equal-Weight. However previously on 10/31/16 it was upgraded by Nomura from Neutral to Buy. A research note issued on 9/30/16 the stock was upgraded by Mizuho from Neutral to Buy.

QUALCOMM, Inc. (NASDAQ:QCOM) performance over the past one year soared 40.35% whereas its year to date (YTD) performance indicated a bullish trend of 37.95%. During the last six months the stock climbed 22.90%. Quarterly performance of the company shows optimistic momentum of 7.26% while its last one month trend is negative with -1.22%. Stock’s weekly performance expressed up trend of 1.77%.

The company’s price sits 1.62% above from its 50-day moving average of $67.16 and 18.07% far from the stock’s 200-day moving average which is $60.31. QUALCOMM, Inc. (NASDAQ:QCOM)’s shares are currently trading -6.31% away from the 52-week high price of $71.62 and +63.26% far from the 52-week low price of $41.10.

According to consensus agreement of 20 analysts QUALCOMM, Inc. (NASDAQ:QCOM) will report earnings per share of $1.18 in their quarterly report and it is expected to announce the company’s results on 1/25/17 After Market Close. For the current quarter the company has high EPS estimates of $1.22 in contradiction of low EPS estimates of $1.15. However a year ago for the same quarter the company has reported $0.97 EPS. Current year EPS projections for QUALCOMM, Inc. (NASDAQ:QCOM) set at $4.76 according to the sentiments of 25 analysts, while its lowest earnings estimates are $4.28 and highest earnings estimates are $5.32.

According to 20 analysts, QUALCOMM, Inc. (NASDAQ:QCOM)’s revenue estimates for the current quarter are $6.1B meanwhile the company has high revenue estimates of $6.25B in contradiction of low revenue estimates of $6B. For the current year the company’s revenue estimates are $23.85B compared to low analyst estimates of $21.49B and high estimates of $25.16B according to the projection of 25 analysts.