Qualcomm, Inc. (NASDAQ:QCOM)’s traded shares stood at 1.4 million during the latest session, with the company’s beta value hitting 1.33. At the last check today, the stock’s price was $160.27, to imply a decrease of -0.72% or -$1.17 in intraday trading. The QCOM share’s 52-week high remains $177.59, putting it -10.81% down since that peak but still an impressive 36.69% since price per share fell to its 52-week low of $101.47. The company has a valuation of $178.86B, with an average of 8.82 million shares over the past 3 months.

Qualcomm, Inc. (NASDAQ:QCOM) trade information

After registering a -0.72% downside in the latest session, Qualcomm, Inc. (QCOM) has traded red over the past five days. The stock hit a weekly high of 174.38, dropping -0.72% in its intraday price action. The 5-day price performance for the stock is -6.43%, and -4.41% over 30 days. With these gigs, the year-to-date price performance is 10.81%.

Qualcomm, Inc. (QCOM) estimates and forecasts

Looking at statistics comparing Qualcomm, Inc. share performance against respective industry, we note that the company has outperformed competitors. Qualcomm, Inc. (QCOM) shares are 44.41% up over the last 6 months, with its year-to-date growth rate higher than industry average at 13.64% against 7.60%. Revenue is forecast to grow 7.90% this quarter before jumping 16.00% for the next one. The rating firms project that company’s revenue will grow 6.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 24 analysts is $9.34 billion. Meanwhile, for the quarter ending Jun 2024, a total of 24 analyst(s) estimate revenue growth to $9.07 billion.Earnings reports from the last fiscal year show that sales brought in -$ and -$ respectively in the corresponding quarters.

QCOM Dividends

Qualcomm, Inc. has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Qualcomm, Inc. has a forward dividend ratio of 3.20, with the share yield ticking at 2.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.