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Technology - Semiconductors - NASDAQ - US
$ 160.5
-2.12 %
$ 178 B
Market Cap
17.95
P/E
1. INTRINSIC VALUE

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company 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 based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system 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 standards and their derivatives.[ Read More ]

The intrinsic value of one QCOM stock under the base case scenario is HIDDEN Compared to the current market price of 160 USD, QUALCOMM Incorporated is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart QCOM

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FINANCIALS
39 B REVENUE
8.77%
10.1 B OPERATING INCOME
29.31%
10.1 B NET INCOME
37.76%
-91 M OPERATING CASH FLOW
-0.81%
-3.62 B INVESTING CASH FLOW
-475.46%
-9.27 B FINANCING CASH FLOW
-39.11%
10.2 B REVENUE
9.06%
2.58 B OPERATING INCOME
12.46%
2.92 B NET INCOME
38.28%
2.65 B OPERATING CASH FLOW
-13.27%
-385 M INVESTING CASH FLOW
63.09%
-2.2 B FINANCING CASH FLOW
36.24%
Balance Sheet Decomposition QUALCOMM Incorporated
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Current Assets 25.2 B
Cash & Short-Term Investments 13.3 B
Receivables 3.93 B
Other Current Assets 8 B
Non-Current Assets 29.9 B
Long-Term Investments 0
PP&E 4.66 B
Other Non-Current Assets 25.3 B
Current Liabilities 10.5 B
Accounts Payable 2.58 B
Short-Term Debt 1.36 B
Other Current Liabilities 6.56 B
Non-Current Liabilities 18.4 B
Long-Term Debt 13.3 B
Other Non-Current Liabilities 5.11 B
EFFICIENCY
Earnings Waterfall QUALCOMM Incorporated
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Revenue 39 B
Cost Of Revenue 17.1 B
Gross Profit 21.9 B
Operating Expenses 11.8 B
Operating Income 10.1 B
Other Expenses -39 M
Net Income 10.1 B
RATIOS
56.21% GROSS MARGIN
56.21%
25.85% OPERATING MARGIN
25.85%
26.03% NET MARGIN
26.03%
38.60% ROE
38.60%
18.39% ROA
18.39%
24.08% ROIC
24.08%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis QUALCOMM Incorporated
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Net Income 10.1 B
Depreciation & Amortization 1.71 B
Capital Expenditures -1.04 B
Stock-Based Compensation 2.65 B
Change in Working Capital 0
Others 802 M
Free Cash Flow -1.13 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets QUALCOMM Incorporated
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Wall Street analysts predict an average 1-year price target for QCOM of $197 , with forecasts ranging from a low of $165 to a high of $270 .
QCOM Lowest Price Target Wall Street Target
165 USD 2.80%
QCOM Average Price Target Wall Street Target
197 USD 22.74%
QCOM Highest Price Target Wall Street Target
270 USD 68.22%
4. DIVIDEND ANALYSIS
0.50% DIVIDEND YIELD
0.85 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership QUALCOMM Incorporated
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Sold
0-3 MONTHS
6.08 M USD 5
3-6 MONTHS
7.93 M USD 4
6-9 MONTHS
12.7 M USD 5
9-12 MONTHS
3.83 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 08, 2024
Sell 1.38 M USD
THOMPSON JAMES H
Chief Technology Officer
- 8000
172.09 USD
1 week ago
Nov 04, 2024
Sell 314 K USD
CHAPLIN ANN C
General Counsel&Corp Secretary
- 1901
165.06 USD
1 month ago
Oct 01, 2024
Sell 1.36 M USD
THOMPSON JAMES H
Chief Technology Officer
- 8000
169.8 USD
1 month ago
Oct 02, 2024
Sell 539 K USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 3245
166.15 USD
1 month ago
Oct 01, 2024
Sell 152 K USD
Palkhiwala Akash J.
CFO & COO
- 922
165.1382 USD
1 month ago
Oct 01, 2024
Sell 255 K USD
Palkhiwala Akash J.
CFO & COO
- 1533
166.0751 USD
1 month ago
Oct 01, 2024
Sell 91 K USD
Palkhiwala Akash J.
CFO & COO
- 545
166.9669 USD
2 months ago
Sep 05, 2024
Sell 126 K USD
MARTIN NEIL
SVP, Finance and CAO
- 774
163.08 USD
2 months ago
Sep 03, 2024
Sell 78.5 K USD
Palkhiwala Akash J.
CFO & COO
- 481
163.1118 USD
2 months ago
Sep 03, 2024
Sell 106 K USD
Palkhiwala Akash J.
CFO & COO
- 646
163.7869 USD
2 months ago
Sep 03, 2024
Sell 46.6 K USD
Palkhiwala Akash J.
CFO & COO
- 282
165.2129 USD
2 months ago
Sep 03, 2024
Sell 50.3 K USD
Palkhiwala Akash J.
CFO & COO
- 303
166.0367 USD
2 months ago
Sep 03, 2024
Sell 80.6 K USD
Palkhiwala Akash J.
CFO & COO
- 483
166.8758 USD
2 months ago
Sep 03, 2024
Sell 4.35 K USD
Palkhiwala Akash J.
CFO & COO
- 26
167.4851 USD
2 months ago
Sep 03, 2024
Sell 76 K USD
Palkhiwala Akash J.
CFO & COO
- 450
168.84 USD
2 months ago
Sep 03, 2024
Sell 55.9 K USD
Palkhiwala Akash J.
CFO & COO
- 329
169.859 USD
2 months ago
Sep 03, 2024
Sell 1.37 M USD
THOMPSON JAMES H
Chief Technology Officer
- 8000
171.72 USD
3 months ago
Aug 08, 2024
Sell 31.8 K USD
Palkhiwala Akash J.
CFO & COO
- 200
159.1672 USD
3 months ago
Aug 08, 2024
Sell 48.1 K USD
Palkhiwala Akash J.
CFO & COO
- 300
160.1983 USD
3 months ago
Aug 08, 2024
Sell 48.4 K USD
Palkhiwala Akash J.
CFO & COO
- 300
161.4667 USD
3 months ago
Aug 08, 2024
Sell 48.8 K USD
Palkhiwala Akash J.
CFO & COO
- 300
162.5833 USD
3 months ago
Aug 08, 2024
Sell 196 K USD
Palkhiwala Akash J.
CFO & COO
- 1200
163.6393 USD
3 months ago
Aug 08, 2024
Sell 115 K USD
Palkhiwala Akash J.
CFO & COO
- 700
164.5533 USD
3 months ago
Aug 08, 2024
Sell 746 K USD
THOMPSON JAMES H
Chief Technology Officer
- 4539
164.4 USD
3 months ago
Aug 02, 2024
Sell 1.28 M USD
THOMPSON JAMES H
Chief Technology Officer
- 8000
160.5 USD
4 months ago
Jul 05, 2024
Sell 205 K USD
Palkhiwala Akash J.
CFO & COO
- 1000
205.0847 USD
4 months ago
Jul 05, 2024
Sell 412 K USD
Palkhiwala Akash J.
CFO & COO
- 2000
205.8652 USD
4 months ago
Jul 01, 2024
Sell 1.6 M USD
THOMPSON JAMES H
Chief Technology Officer
- 8000
199.47 USD
5 months ago
Jun 03, 2024
Sell 1.68 M USD
THOMPSON JAMES H
Chief Technology Officer
- 8000
209.61 USD
5 months ago
Jun 03, 2024
Sell 102 K USD
Palkhiwala Akash J.
CFO & COO
- 500
203.5737 USD
5 months ago
Jun 03, 2024
Sell 123 K USD
Palkhiwala Akash J.
CFO & COO
- 600
204.4829 USD
5 months ago
Jun 03, 2024
Sell 144 K USD
Palkhiwala Akash J.
CFO & COO
- 700
205.2468 USD
5 months ago
Jun 03, 2024
Sell 103 K USD
Palkhiwala Akash J.
CFO & COO
- 500
206.266 USD
5 months ago
Jun 03, 2024
Sell 41.6 K USD
Palkhiwala Akash J.
CFO & COO
- 200
207.7825 USD
5 months ago
Jun 03, 2024
Sell 62.5 K USD
Palkhiwala Akash J.
CFO & COO
- 300
208.285 USD
5 months ago
Jun 03, 2024
Sell 20.9 K USD
Palkhiwala Akash J.
CFO & COO
- 100
209.1899 USD
5 months ago
Jun 03, 2024
Sell 21.1 K USD
Palkhiwala Akash J.
CFO & COO
- 100
210.555 USD
5 months ago
May 21, 2024
Sell 219 K USD
MARTIN NEIL
SVP, Finance and CAO
- 1116
196.11 USD
5 months ago
May 22, 2024
Sell 72.4 K USD
MARTIN NEIL
SVP, Finance and CAO
- 358
202.1292 USD
5 months ago
May 21, 2024
Sell 617 K USD
Smit Neil
Director
- 3069
200.9352 USD
6 months ago
May 15, 2024
Sell 1.54 M USD
AMON CRISTIANO R
President & CEO
- 8100
190.01 USD
6 months ago
May 10, 2024
Sell 135 K USD
ACEVEDO SYLVIA
Director
- 744.1399
181.5169 USD
6 months ago
May 09, 2024
Sell 1.47 M USD
AMON CRISTIANO R
President & CEO
- 8100
181 USD
6 months ago
May 09, 2024
Sell 271 K USD
Palkhiwala Akash J.
CFO & COO
- 1500
180.3448 USD
6 months ago
May 09, 2024
Sell 272 K USD
Palkhiwala Akash J.
CFO & COO
- 1500
181.0253 USD
6 months ago
May 03, 2024
Sell 366 K USD
ACEVEDO SYLVIA
Director
- 2056
178.21 USD
6 months ago
May 03, 2024
Sell 1.46 M USD
THOMPSON JAMES H
Chief Technology Officer
- 8000
182 USD
7 months ago
Apr 04, 2024
Sell 147 K USD
Palkhiwala Akash J.
CFO & COO
- 865
170.1509 USD
7 months ago
Apr 04, 2024
Sell 34.4 K USD
Palkhiwala Akash J.
CFO & COO
- 200
172.165 USD
7 months ago
Apr 04, 2024
Sell 87.3 K USD
Palkhiwala Akash J.
CFO & COO
- 500
174.5436 USD
7 months ago
Apr 04, 2024
Sell 252 K USD
Palkhiwala Akash J.
CFO & COO
- 1435
175.3276 USD
7 months ago
Apr 01, 2024
Sell 1.35 M USD
THOMPSON JAMES H
Chief Technology Officer
- 8000
168.27 USD
8 months ago
Mar 07, 2024
Sell 68.5 K USD
Palkhiwala Akash J.
CFO & COO
- 400
171.3225 USD
8 months ago
Mar 07, 2024
Sell 68.9 K USD
Palkhiwala Akash J.
CFO & COO
- 400
172.32 USD
8 months ago
Mar 07, 2024
Sell 86.6 K USD
Palkhiwala Akash J.
CFO & COO
- 500
173.1935 USD
8 months ago
Mar 07, 2024
Sell 71.8 K USD
Palkhiwala Akash J.
CFO & COO
- 409
175.5227 USD
8 months ago
Mar 07, 2024
Sell 317 K USD
Palkhiwala Akash J.
CFO & COO
- 1800
176.3433 USD
8 months ago
Mar 07, 2024
Sell 73.1 K USD
Palkhiwala Akash J.
CFO & COO
- 413
177.0466 USD
8 months ago
Mar 07, 2024
Sell 13.6 K USD
Palkhiwala Akash J.
CFO & COO
- 78
173.95 USD
8 months ago
Mar 07, 2024
Sell 60 K USD
Palkhiwala Akash J.
CFO & COO
- 350
171.4079 USD
8 months ago
Mar 07, 2024
Sell 69.1 K USD
Palkhiwala Akash J.
CFO & COO
- 400
172.7415 USD
8 months ago
Mar 07, 2024
Sell 34.7 K USD
Palkhiwala Akash J.
CFO & COO
- 200
173.4892 USD
8 months ago
Mar 07, 2024
Sell 17.5 K USD
Palkhiwala Akash J.
CFO & COO
- 100
174.7408 USD
8 months ago
Mar 07, 2024
Sell 132 K USD
Palkhiwala Akash J.
CFO & COO
- 750
175.8142 USD
8 months ago
Mar 07, 2024
Sell 194 K USD
Palkhiwala Akash J.
CFO & COO
- 1100
176.6393 USD
8 months ago
Mar 07, 2024
Sell 17.7 K USD
Palkhiwala Akash J.
CFO & COO
- 100
177.44 USD
8 months ago
Mar 07, 2024
Sell 1.37 M USD
AMON CRISTIANO R
President & CEO
- 8100
169.6 USD
8 months ago
Mar 05, 2024
Sell 55.9 K USD
MARTIN NEIL
SVP, Finance and CAO
- 348
160.665 USD
8 months ago
Mar 05, 2024
Sell 54.8 K USD
MARTIN NEIL
SVP, Finance and CAO
- 341
160.6116 USD
8 months ago
Mar 01, 2024
Sell 1.28 M USD
THOMPSON JAMES H
Chief Technology Officer
- 8000
159.39 USD
8 months ago
Mar 01, 2024
Sell 1.29 M USD
AMON CRISTIANO R
President & CEO
- 8100
159.5 USD
8 months ago
Feb 21, 2024
Sell 55.6 K USD
MARTIN NEIL
SVP, Finance and CAO
- 371
149.83 USD
9 months ago
Jan 19, 2024
Sell 1.21 M USD
AMON CRISTIANO R
President & CEO
- 8100
149.5 USD
10 months ago
Jan 11, 2024
Sell 139 K USD
CATHEY JAMES J
Chief Commercial Officer
- 1000
139 USD
11 months ago
Dec 14, 2023
Sell 1.82 M USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 12972
140.4976 USD
11 months ago
Dec 11, 2023
Sell 135 K USD
CATHEY JAMES J
Chief Commercial Officer
- 1000
134.51 USD
11 months ago
Nov 29, 2023
Sell 403 K USD
MARTIN NEIL
SVP, Finance and CAO
- 3098
130 USD
1 year ago
Nov 13, 2023
Sell 124 K USD
CATHEY JAMES J
Chief Commercial Officer
- 1000
124 USD
1 year ago
Nov 09, 2023
Sell 1.2 M USD
THOMPSON JAMES H
Chief Technology Officer
- 10000
120.1132 USD
1 year ago
Oct 11, 2023
Sell 112 K USD
CATHEY JAMES J
Chief Commercial Officer
- 1000
112.28 USD
1 year ago
Oct 02, 2023
Sell 663 K USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 6001
110.4 USD
1 year ago
Sep 13, 2023
Sell 3.17 M USD
THOMPSON JAMES H
Chief Technology Officer
- 27962
113.2286 USD
1 year ago
Sep 11, 2023
Sell 111 K USD
CATHEY JAMES J
Chief Commercial Officer
- 1000
111.27 USD
1 year ago
Aug 17, 2023
Sell 524 K USD
MARTIN NEIL
SVP, Finance and CAO
- 4752
110.19 USD
1 year ago
Aug 11, 2023
Sell 114 K USD
CATHEY JAMES J
Chief Commercial Officer
- 1000
114.16 USD
1 year ago
Feb 22, 2023
Sell 310 K USD
Henderson Jeffrey William
Director
- 2500
124.0529 USD
1 year ago
Feb 23, 2023
Sell 310 K USD
Henderson Jeffrey William
Director
- 2500
124.1874 USD
1 year ago
Feb 16, 2023
Sell 1.32 M USD
THOMPSON JAMES H
Chief Technology Officer
- 9999
131.8002 USD
1 year ago
Feb 03, 2023
Sell 63.7 K USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 488
130.5429 USD
1 year ago
Feb 03, 2023
Sell 2.98 M USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 22631
131.4942 USD
1 year ago
Feb 03, 2023
Sell 593 K USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 4507
131.5154 USD
1 year ago
Jan 03, 2023
Sell 232 K USD
CATHEY JAMES J
Chief Commercial Officer
- 2084
111.09 USD
1 year ago
Dec 06, 2022
Sell 3.23 M USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 26427
122.3326 USD
1 year ago
Nov 21, 2022
Sell 350 K USD
POLEK ERIN L
SVP, Controller & CAO
- 2894
121.1 USD
2 years ago
Oct 03, 2022
Sell 643 K USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 5591
114.99 USD
2 years ago
Sep 15, 2022
Sell 264 K USD
CATHEY JAMES J
Chief Commercial Officer
- 2084
126.51 USD
2 years ago
Aug 02, 2022
Sell 10.2 K USD
POLEK ERIN L
SVP, Controller & CAO
- 70
145.68 USD
2 years ago
May 20, 2022
Sell 198 K USD
POLEK ERIN L
SVP, Controller & CAO
- 1521
129.95 USD
2 years ago
May 04, 2022
Sell 232 K USD
CATHEY JAMES J
Chief Commercial Officer
- 1600
145.04 USD
2 years ago
Feb 10, 2022
Sell 557 K USD
Palkhiwala Akash J.
Chief Financial Officer
- 3100
179.83 USD
2 years ago
Feb 02, 2022
Sell 12.3 K USD
POLEK ERIN L
SVP, Controller & CAO
- 68
180.6 USD
2 years ago
Jan 10, 2022
Sell 558 K USD
Palkhiwala Akash J.
Chief Financial Officer
- 3100
180 USD
2 years ago
Dec 13, 2021
Sell 1.02 M USD
AMON CRISTIANO R
President & CEO
- 5402
189.5 USD
2 years ago
Dec 10, 2021
Sell 1.82 M USD
THOMPSON JAMES H
Chief Technology Officer
- 9900
183.3865 USD
2 years ago
Dec 10, 2021
Sell 366 K USD
Palkhiwala Akash J.
Chief Financial Officer
- 1974
185.51 USD
2 years ago
Dec 07, 2021
Sell 3.78 M USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 21006
179.9449 USD
2 years ago
Nov 22, 2021
Sell 515 K USD
POLEK ERIN L
SVP, Controller & CAO
- 2847
180.98 USD
3 years ago
Nov 16, 2021
Sell 977 K USD
AMON CRISTIANO R
President & CEO
- 5402
180.8558 USD
3 years ago
Oct 04, 2021
Sell 1.45 M USD
Rosenberg Donald J
General Counsel
- 11457
126.4447 USD
3 years ago
Oct 04, 2021
Sell 1.18 M USD
ROGERS ALEXANDER H
President QTL & Global Affairs
- 9157
128.92 USD
3 years ago
Aug 02, 2021
Sell 9.9 K USD
POLEK ERIN L
SVP, Controller & CAO
- 66
150 USD
3 years ago
Jun 15, 2021
Sell 206 K USD
MODOFF BRIAN
EVP, Strategy and M&A
- 1510
136.446 USD
3 years ago
May 21, 2021
Sell 242 K USD
POLEK ERIN L
SVP, Controller & CAO
- 1835
132 USD
3 years ago
May 14, 2021
Sell 195 K USD
MODOFF BRIAN
EVP, Strategy and M&A
- 1510
129.3245 USD
7. News
Qualcomm Stock Analysis: Here's What Investors Should Know Qualcomm Stock Analysis: Here's What Investors Should Know fool.com - 1 day ago
Taiwan Semiconductor (TSM) Price Prediction and Forecast In the high-tech universe, there is a single common road that top-flight companies like Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), Broadcom (NASDAQ: AVGO), and many others must travel to get their chips made, no matter where they hail from. That road inevitably leads to Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM), the largest semiconductor foundry on the planet. When a company like Nvidia designs a new chip, it takes it to Taiwan Semiconductor to actually print the design on a silicon wafer. Taiwan Semiconductor is the top choice for Nvidia, AMD, and many other chip designers, thanks to its precision, quality control, and innovative technical capabilities. At the time of this writing, Taiwan Semiconductor commands over 60% of global spending at chip foundries. The explosion of growth in the artificial intelligence and data center arenas have led to a commensurate demand acceleration for Graphics Processing Unit (GPU) chips and a panoply of similar ones for those fields. By focusing on precision foundry work, Taiwan Semiconductor has become the premier “go-to” player, for chip designers, even among those competing in various sectors. Headwinds and Challenges Taiwan Semiconductor’s biggest threat is from a mainland China invasion of Taiwan, rather than from any market competitors. Despite its crucial place in the semiconductor supply chain, Taiwan Semiconductor is based in Taiwan. Due to claims by The People’s Republic of China’s leadership that Taiwan is a part of China proper, the nation is in a state of perpetual invasion alert. Any overt military action on Taiwanese soil could result in a domino-effect of chip shortages if Taiwan Semiconductor is forced to halt production. Taiwan Semiconductor announced a rise in prices for its 3-nanometer and 5-nm process products by up to 8%. However, Samsung is focusing on its 2-nm process to meet future technologies’ high-performance, low-power, and high-bandwidth requirements, and rival Intel has a 1.4-nm ultra-fine process slated to be unveiled in 2027. The semiconductor industry has historically been cyclical. While AI investment soars, Taiwan Semiconductor has few rivals of significance. During slow periods, semiconductor companies have often been glutted with excess inventory. It remains to be seen how TSM will handle a slowdown after ramping up production to such a high level. Nevertheless, investors are much more concerned with future stock performance over the next 1, 5, to 10 years. Although most Wall Street analysts will calculate 12-month forward projections, it’s clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near term prognostications irrelevant. 24/7 Wall Street aims to present some farther looking insights based on Taiwan Semiconductor’s own numbers, along with business and market development information that may be of help to our readers’ own research. Key Points In This Article: Taiwan Semiconductor has control of roughly 62% of the global chip market. For Taiwan, its semiconductor dominance is a good thing, from a national security perspective. Geopolitical observers frequently refer to Taiwan’s semiconductor industry as a “silicon shield” by serving as an incentive for the international community to keep Taiwan out of Beijing’s control. Taiwan Semiconductor’s focus on fabrication precision and its R&D emphasis on miniaturization and efficiency are the main drivers for its huge market share from Nvidia, AMD, Apple, and other chip designers. Aware of its vulnerability to geopolitical destabilization from China, Taiwan Semiconductor has strategically diversified some geographical manufacturing with new US factories in Arizona and Washington, one in Dresden, Germany, and JVs with Sony and Denso in Japan. Apple is hugely dependent on Taiwan Semiconductor, and has been since 2014. Apple announced a deal in 2023 to buy 100% of the output of the most advanced chips from Taiwan Semiconductor in Taiwan (and from its AZ plant in 2024). This move guaranteed that none of Apple’s competitors could acquire similar chips for more than a year. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. This report breaks down AI stocks with 10x potential and will give you a huge leg up on profiting from this massive sea change. 5 to 10 Year Review Apple Computer procures nearly 100% of its CPUs and other chips from Taiwan Semiconductor. 2014 was the year that the TSM-Apple cooperation began in earnest, with Apple’s A8 and A8X SoCss. Such has the cooperation expanded that Apple has gone to TSM for nearly 100% of its chip requirements by 2024. Opposing patent infringement lawsuits with GlobalFoundries in 2019 eventually settled with a cross-licensing agreement, which ends in 2029. 2020 saw Taiwan Semiconductor prudently decide to diversify its manufacturing by opening up new plants in Phoenix, AZ, and Dresden, Germany. In July 2020, TSM signed a 20-year deal with Ørsted to buy the entire production of two offshore wind farms under development off Taiwan’s west coast. At the time of its signing, it was the world’s largest corporate green energy order ever made. 2021 saw TSM form joint ventures with Sony and Denso in Japan. Fiscal Year (DEC ) Price Total Revenues Net Income NYSE (TWD) (TWD) 2014 $22.38 $762.806 M $254.301 M 2015 $22.75 $843.497 M $302.854 M 2016 $28.75 $947.983 M $331.733 M 2017 $39.65 $977.947 M $344.998 M 2018 $36.91 $1.031,473 B $363.052 M 2019 $58.10 $1.069,985 B $353.948 M 2020 $109.04 $1.339,254 B $510.744 M 2021 $120.31 $1.587,415 B $596.540 M 2022 $74.49 $2.236,891 B $1.016,530 B 2023 $104.00 $2.161,735 B $838.497 M 2024 TTM (Jun ) $173.81 $2.438,416 B $923.042 M Key Drivers for Taiwan Semiconductor’s Future Nvidia’s Jensen Huang is a huge TSM fan, and believes that switching Nvidia’s GPU fabrication to another source would result in lower quality and higher prices. Taiwan Semiconductor expects its 2024 capital expenditure budget to hit $32 billion. 70% to 80% of the budget will be allocated to advanced process technologies, 20% will be directed to specialty technologies, and 10% will be spent on advanced packaging, testing, and mass-making. The Company’s revenue growth should continue to accelerate due to its leading-edge N3 manufacturing node. Taiwan Semiconductor plans to commence its 2-nm process in 2025. Strong demand for chips used in artificial intelligence and cloud storage data center applications from Nvidia, AMD, and others shows no sign of curtailing. Thanks to its uniquely advanced manufacturing capabilities, Taiwan Semiconductor can easily scale for demand acceleration, and holds close to a near monopoly on large GPU chip contracts from major semiconductor designers for AI and data center use, even among competing designers. Total spending on AI chip content and related systems is forecast to reach $193.3 billion in 2027, according to estimates from IDC. That’s up from $117.5 billion this year, translating into an 18% compound annual growth rate over the next three years. Taiwan Semiconductor has national interest and support from the Taiwanese government in maintaining its wide competitive advantage, as the tech industry’s dependence on TSM-made chips incentivizes the international community to keep a China invasion in check. Stock Price Prediction for 2025 The consensus rating for Taiwan Semiconductor from over a dozen Wall Street analysts is “buy”(11 buy, 4 outperform,1 hold). The average price target in 12 months is $210.79, which is roughly 12.66% above the current price. 24/7 Wall Street’s 12-month projection for Taiwan Semiconductors’ price is $183.92, which is -1.70% below the current price. While Taiwan Semiconductor will start its 2-nm process in 2025, Samsung has a vested interest in developing its own niche advantage and support from the Korean government in that space. As a result, we don’t anticipate as big a 2025 surge from 2-nm as other analysts might. Taiwan Semiconductor’s Next 5 Years’ Outlook Since Taiwan Semiconductor consumes as much as 5% of Taiwan’s entire energy output, its Ørsted wind farm energy production should manifest tangible cost savings benefits. Therefore, we project 2026’s stock price to hit $186.00, a modest .74% year-over-year gain. While its 2-nm process will likely compete favorably at the start against Samsung, the TSM competitive advantage in other avenues of chip manufacturing will ultimately prove to be overwhelming. The anticipated surge of data center spending on chips should fuel larger contracts. Collaborations with research institutions and tech giants in developing next-generation AI chips could open new revenue streams and strengthen its position as an innovation leader in the industry. Our projection for 2027 is $206.80. 2028 should begin to see the rewards from the 2024 R&D surge of $32 billion in advanced process technologies. New products from TSM investments in quantum computing research are expected to bear fruit by 2028, potentially revolutionizing certain computing applications. The company’s focus on developing ultra-low power consumption chips for IoT and edge computing devices could position it as a key player in the growing market for energy-efficient technologies. The 2028 24/7 Wall Street price target is $213.90. 2029 will mark the expiration of Taiwan Semiconductor’s GlobalFoundries cross-licensing agreement, which should double up the revenues from that stream. Further developments in chips for quantum computing, healthcare and other applications can open up more direct government contract opportunities. US and German TSM factories should be operating at full capacity by 2029. We anticipate a price jump to $245.99. Taiwan Semiconductor Stock in 2030 TSM’s work in quantum computing should pave the way for neuromorphic computing chips that can mimic many human brain functions. By 2030, Taiwan Semiconductor’s work in quantum computing should pave the way for neuromorphic computing chips at the forefront of AI applications. These would mimic human brain functions more closely than ever before. The company’s involvement in space exploration projects and renewable energy initiatives may also diversify its revenue streams and enhance its global technological influence. We expect a $254.59 stock price, representing a 36.07% gain over today’s stock price. Year P/E Ratio EPS Price 2025 22 $8.36 $183.92 2026 20 $9.30 $186.00 2027 22 $9.40 $206.80 2028 20 $10.70 $213.90 2029 20 $12.30 $245.99 2030 18 $14.14 $254.59 Want to Retire Early? Start Here (Sponsor) Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances? Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free. Click here to match with up to 3 financial pros who would be excited to help you make financial decisions. The post Taiwan Semiconductor (TSM) Price Prediction and Forecast appeared first on 24/7 Wall St.. https://247wallst.com - 2 days ago
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8. Profile Summary

QUALCOMM Incorporated QCOM

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COUNTRY US
INDUSTRY Semiconductors
MARKET CAP $ 178 B
Dividend Yield 0.50%
Description QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company 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 based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system 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 standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, and IoT, and investment for supporting the design and introduction of new products and services for voice and data communications, new industries, and applications. It also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM Incorporated was incorpotared in 1985 and is headquartered in San Diego, California.
Contact 5775 Morehouse Drive, San Diego, CA, 92121-1714 https://www.qualcomm.com
IPO Date Dec. 13, 1991
Employees 49000
Officers Mr. Don McGuire Senior Vice President & Chief Marketing Officer Mr. Mauricio Lopez-Hodoyan Vice President of Investor Relations Mr. Colin Ryan Chief Strategy & Corporate Development Officer Ms. Ann N. Cathcart Chaplin General Counsel & Corporate Secretary Mr. Neil Martin SVice President of Finance & Chief Accounting Officer