Introduction:
Qualcomm, a global leader in wireless technology, has been at the forefront of innovation for decades. In this article, we will provide a comprehensive analysis of Qualcomm’s share price predictions for the years 2024, 2025, 2026, 2028, and 2030. Before diving into the forecasts, let’s take a brief overview of Qualcomm and understand its fundamentals.
Overview of Qualcomm:
Founded in 1985, Qualcomm has become synonymous with cutting-edge wireless technology. The company is a key player in the development of 5G technology, providing solutions for smartphones, automotive, IoT, and other sectors. Qualcomm’s strong intellectual property portfolio and its ability to adapt to changing market dynamics have positioned it as a dominant force in the industry.
Fundamentals of Qualcomm:
Qualcomm’s fundamentals play a crucial role in determining its share price predictions. The company’s financial performance, technological advancements, market position, and industry trends all contribute to its overall valuation. The company’s overall revenue for FY-22 was $42,958 billion, up 19.21% from FY21, and it had an EPS of 10.46. a market value of $138.68 billion, a gross margin of 57.22%, a net margin of 27.61%, and a price to earnings ratio of 11.83. The table below provides an overview of Qualcomm’s stock.
| Company Name | Qualcomm |
|---|---|
| Industry | Tech Industry |
| Country | United States |
| Founded | 1985 |
| Primary Exchange | NASDAQ |
| Volume | 8,162,200 |
| Market Cap | $137.93B |
| Net Income | $2.87B (287.3 crores) |
| Net Profit Margin | 25.21% |
| Open (Feb-23) | $125.46 |
| Low | $123.50 |
| High | $127.62 |
| Dividend Yield | 2.43% |
| P/E | 11.92 |
| EPS | $10.37 |
| Official Website | https://www.qualcomm.com/ |
Qualcomm’s Share Price Prediction for 2024:
Based on market analysis and historical trends, Qualcomm’s share price is expected to continue its upward trajectory in 2024. The growing demand for 5G technology, coupled with Qualcomm’s strong market presence and expanding product portfolio, is likely to drive the stock price higher. The analysis indicates that $130.30 is the first target price. Additionally, $140.20 to $145.60 is the second target price for Qualcomm stock by 2024.
Qualcomm’s Share Price Prediction for 2025:
Looking ahead to 2025, Qualcomm’s share price is projected to experience further growth. The target price range for Qualcomm shares in 2025, based on experts, analysis and forecasting techniques, is $142.20 to $165.50.
Qualcomm’s Share Price Prediction for 2028:
By 2028, Qualcomm is expected to solidify its position as a leader in the wireless technology industry. The continued advancements in 5G technology, coupled with Qualcomm’s focus on diversifying its revenue streams, are likely to contribute to the company’s growth. As a result, the share price is projected to demonstrate a steady upward trajectory, reflecting Qualcomm’s strong fundamentals and market dominance. Research and analytical analysis indicate that the target share price range for Qualcomm in 2028 is $185.40 to $225.90.
Qualcomm’s Share Price Prediction for 2030:
Looking further into the future, Qualcomm’s share price prediction for 2030 remains optimistic. By this time, 5G technology is expected to be fully integrated into various industries, leading to a significant increase in Qualcomm’s revenue. The company’s continuous innovation, investments in research and development, and strategic acquisitions are anticipated to drive its stock price higher, attracting long-term investors. Researcher indicates that the target price for Qualcomm stock by 2030 is between $220.30 and $295.50.
Disclaimer:
The share price predictions provided in this article are based on analysis and historical trends, and should not be considered as financial advice. Investment in stocks involves risks, and readers are advised to conduct their own research and seek professional guidance before making any investment decisions.
FAQS
What is the Qualcomm share price target for 2025?
A: In 2025, Qualcomm’s target share price is projected to range from $142.20 to $155.10.
Q: What is Qualcomm’s stock growth rate for the year 2024?
A: By February 2024, the share price of Qualcomm might be $145.60. From the present share price of $130.30, the average upside potential is 11.7%.
Is Qualcomm a buy, sell or hold?
In the past year, QUALCOMM has received ratings of “buy,” “hold,” and “sell” from 19 Wall Street analysts. For the stock, there are now 13 buy ratings, 5 hold ratings, and 1 sell rating. Wall Street experts generally agree that investors ought to “moderately buy” QCOM shares.
Is QUALCOMM stock expected to rise?
The consensus 12-month price target for Qualcomm Inc. is 140.00, with a high estimate of 167.70 and a low estimate of 100.00, according to the 25 analysts providing such forecasts. The median estimate is higher than the previous price of 106.49 by +31.47%.
Conclusion:
Qualcomm’s share price predictions for the years 2024, 2025, 2026, 2028, and 2030 indicate a positive outlook for the company. As a leader in wireless technology and a key player in the 5G revolution, Qualcomm is well-positioned to capitalize on the growing demand for advanced connectivity solutions. However, it’s important to note that stock market predictions are subject to various factors and uncertainties. Investors should conduct thorough research, consider Qualcomm’s fundamentals, and consult with financial advisors before making any investment decisions.