Added to YB: 2024-05-06
Pitch date: 2024-05-05
QCOM [bullish]
QUALCOMM Incorporated
+3.34%
current return
Author Info
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Company Info
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide.
Market Cap
$193.3B
Pitch Price
$172.63
Price Target
224.00 (+26%)
Dividend
2.03%
EV/EBITDA
16.26
P/E
21.06
EV/Sales
4.54
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Qualcomm Incorporated – Don't underestimate its prospects
QCOM: Raising PT to $224 ('26), 9.4% IRR + 2% yield. Q2 beat, strong Auto (+35%), diversifying from handsets (66% rev). AI/PC CPU opps, risks: Huawei threat in China, Apple modem loss. 18x fwd P/E (5% premium to 5y avg). Quality biz, risks cap upside.
Read full article (11 min)