QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software with advanced connectivity and high-performance, and low-power computing technologies for use in mobile devices; automotive systems for connectivity, digital cockpit, and ADAS/AD; and IoT, including consumer electronic devices, industrial devices, and edge networking products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G products. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and sells related products to the United States government agencies and their contractors. The company was incorporated in 1985 and is headquartered in San Diego, California.
Beyond Smartphones | Qualcomm's ambitious diversification strategy targets automotive, IoT, and AI markets to reduce reliance on maturing smartphone industry |
Financial Resilience | Strong recent performance with $9.4B Q4 revenue, but concerns linger about future growth. Analysts set price targets ranging from $160 to $245 |
Apple Dilemma | Potential loss of Apple's business could impact Qualcomm's revenue by $1.75B, posing a significant challenge to the company's market position |
Tech Leadership | Explore Qualcomm's efforts to maintain dominance in 5G and emerging wireless technologies while facing increased competition in core markets |
Metrics to compare | QCOM | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipQCOMPeersSector | |
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P/E Ratio | 15.6x | −25.4x | 11.2x | |
PEG Ratio | 0.44 | 0.82 | 0.01 | |
Price/Book | 6.1x | 3.1x | 2.4x | |
Price / LTM Sales | 4.0x | 3.6x | 1.9x | |
Upside (Analyst Target) | 23.3% | 35.1% | 35.7% | |
Fair Value Upside | Unlock | 12.3% | 7.2% | Unlock |