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NASDAQ: QCOM

How to Buy Qualcomm Stock

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Qualcomm Inc

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

Qualcomm stock last closed at $125.66, down 0.91% from the previous day, and has decreased 29.02% in one year. It has underperformed other stocks in the Semiconductors industry by 0 percentage points. Qualcomm stock is currently +23.28% from its 52-week low of $101.93, and -35.09% from its 52-week high of $193.58.

At the moment, there are 1.12B shares of QCOM outstanding. The market cap of QCOM is $140.86B. In the last 24 hours, 6.12M QCOM shares were traded.

How to Buy Qualcomm Stock

Wondering how to invest in Qualcomm stock? Here's how.
  1. Choose where to buy Qualcomm stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Qualcomm stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected. It's the best place to buy QCOM stock.
  3. Fund your brokerage account: Pick your method of payment and add your information.
  4. Evaluate Qualcomm stock: The Qualcomm ticker symbol is QCOM. Is Qualcomm stock a good investment? Should you buy shares of QCOM? How do QCOM's underlying business fundamentals look? Do top analysts think Qualcomm is a good buy? Why has QCOM's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if QCOM is a good stock to buy).
  5. Place your QCOM purchase: Decide if you will purchase QCOM shares at the current market price or use a limit order to purchase QCOM stock at a given price.
  6. Keep an eye on your QCOM investment: Create a watchlist to key updates about your investment in Qualcomm stock.

Step 1: Choose where to buy Qualcomm stock

You need an online brokerage account in order to access the NASDAQ market and buy QCOM stock.

A brokerage account enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal details so you are able to buy QCOM today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
  2. Enter your personal details to open your new trading account.
  1. Submit your application by pressing the "Create Account" button.
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Step 3: Fund your brokerage account

Watch this video walkthrough for more details transferring money into your new brokerage account.

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Step 4: Evaluate Qualcomm stock

It's absolutely critical to research stocks prior to investing, so you truly wrap your head around the risk and upside.

Overview of key QCOM info

QCOM Price
$125.66
1w %
1.79%
1y %
-29.02%
5y %
94.64%
P/E
10.91x
P/B
7.82x
P/S
3.19x
PEG
0.32x
Revenue
$44.20B
Earnings
$12.94B
Fore. Rev. Growth
4.24%
Fore. Earn. Growth
N/A
Market Cap
$140.86B
Next Earnings
Jan 31, 2023
Next Dividend
Dec 15, 2022

QCOM Due Diligence Checks

WallStreetZen was designed to help average investors perform better fundamental analysis in less time.

You can see all of the due diligence checks on QCOM's stock page.

Is QCOM stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge QCOM's fair value.

Using relative valuations methods:

  • QCOM may be undervalued based on its P/E ratio of 10.91x, relative to Semiconductors industry P/E ratio of 23.17x
  • QCOM may be overvalued based on its P/B ratio of 7.82x, relative to Semiconductors industry P/B ratio of 4.15x
  • QCOM could be undervalued based on its PEG ratio of 0.32x

You can access more valuation analysis on QCOM's stock here.

QCOM Financial Health

Pros:

  • QCOM earnings of $15.44B is not sufficient to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the QCOM balance sheet.
  • QCOM's operating cash flow of $9.10B allows it to safely service it's debt of $15.48B.
  • QCOM profit margin has gone up from 26.9% to 29.3% in the past year.
  • There are more short-term assets than short-term liabilities on the QCOM balance sheet.

Cons:

  • QCOM has a relatively high debt to equity ratio of 1.72.
  • Total QCOM debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy Qualcomm stock?

Out of 17 Wall Street analysts who research QCOM, the consensus analyst rating on Qualcomm is a Strong Buy

Should I buy or sell QCOM stock?

Based on 17 analysts offering ratings for Qualcomm Inc.
Strong Buy
Strong Buy
10 analysts 58.82%
Buy
2 analysts 11.76%
Hold
5 analysts 29.41%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent QCOM Analyst Upgrades/Downgrades

Chris Caso, a top 2% analyst from Credit Suisse initiates coverage on QCOM with a buy rating and announces their QCOM price target of $150.00, on Nov 16, 2022.

Caso initiated his coverage on Qualcomm Inc. with a Buy rating and a $150 price target.

Because "Android has already corrected and the company is shipping below consumption," the analyst argued that Qualcomm has more short-term security than its peers.

In addition, Caso said he sees revenue catalysts from:

  • Samsung market share gains in 2023,
  • Medium-term optionality should Qualcomm sign a contract with Apple for the iPhone modem beyond iPhone 15
  • "Auto design win traction" in the longer term.

Qualcomm Inc shares have lost 33.99% YTD against the S&P 500's 17.15% decline.

Samik Chatterjee, a top 7% analyst from JP Morgan maintains QCOM with a strong buy rating and lowers their QCOM price target from $190.00 to $185.00, on Nov 3, 2022.

Matthew Ramsay, a top 28% analyst from Cowen & Co. maintains QCOM with a buy rating and lowers their QCOM price target from $185.00 to $165.00, on Nov 3, 2022.

Gary Mobley, a top 18% analyst from Wells Fargo maintains QCOM with a hold rating and lowers their QCOM price target from $125.00 to $105.00, on Nov 3, 2022.

Michael Walkley, a top 7% analyst from Canaccord Genuity maintains QCOM with a strong buy rating and lowers their QCOM price target from $225.00 to $165.00, on Nov 3, 2022.

You can dig deeper into what analysts are projecting on the Qualcomm stock forecast page.

QCOM Trading Indicators

SMA10
123.32
SMA20
120.27
SMA50
117.65
SMA100
129.2
SMA200
135.68
MACD
2.1
MACD Signal
1.53
MACD Histogram
0.56
RSI
56.58
Stochastic %K
83.06
Stochastic %D
72.79
StochRSI %K
71.79
StochRSI %D
59.51

How is QCOM performing as a company?

Last year, QCOM earnings were $12.94B. During the past five year, QCOM's earnings have grown by 47.32% per year. This was faster than the Semiconductors industry average of 32.91%.

Last year, QCOM revenue was $44.20B. In the last five year, QCOM's revenue has gone up by 14.71% per year. This was slower than the Semiconductors industry average of 16.87%.

Dig into QCOM's earnings and revenue performance here.

What are QCOM insiders up to?

In the past 12 months, insiders at QCOM have sold more shares than they have bought.

Erin L. Polek, SVP Controller CAO of QCOM, was the latest QCOM insider to sell. They sold $350,463.40 worth of QCOM shares on Nov 21, 2022.

Research more about who owns QCOM stock here.

Can I get consistent income from QCOM stock?

Qualcomm pays a dividend of 2.33%, compared to the Semiconductors industry's average dividend yield of 3.33%. If you owned $1,000 of QCOM stock, you would have received $23.32 in the past 12 months.

Qualcomm dividend payments have consistently grown over the past decade and have remained stable.

Find more info about Qualcomm dividend yield and history here.

Get opinions from other investors

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your QCOM purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount, use a limit order.

Hit the Open Trade button and eToro will place the order.

If you want more help with buying stocks on eToro, watch the how to video below:

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Step 6: Keep an eye on your QCOM investment

Now that you own some QCOM shares, you'll want to keep up with your investment.

Make a watchlist to get the latest updates about your QCOM stock.

QCOM Feed

How to Buy Stock in Qualcomm

To reiterate, here are the 6 steps for buying Qualcomm stock:

  1. Choose where to buy Qualcomm stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Evaluate Qualcomm stock
  5. Place your QCOM purchase
  6. Keep an eye on your QCOM investment

If you are looking for a brokerage, eToro is our favorite venue.

Get Started with eToro Today

If you want to keep track of your investment in Qualcomm, create a watchlist on WallStreetZen today.

NASDAQ: QCOM
$125.66-1.15 (-0.91%)
Updated Dec 2, 2022
Open eToro Account
NASDAQ: QCOM
$125.66-1.15 (-0.91%)
Updated Dec 2, 2022
Open eToro Account

FAQ

How much does it cost to buy one Qualcomm share?

As of Dec 2, 2022, it costs $125.66 to buy one share of Qualcomm stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.08 shares of QCOM.

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Is now a good time to buy Qualcomm stock?

According to 17 Wall Street analysts who monitor Qualcomm, their consensus recommendation is to buy Qualcomm stock.

What is the best way to buy Qualcomm stock?

The best way to buy Qualcomm stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.