Qualcomm Inc. designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives. The company was founded in 1985 and is based in San Diego, California.
QCOM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for QCOM, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Qualcomm Inc ranked in the 15th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. In terms of the factors that were most noteworthy in this DCF analysis for QCOM, they are:
The company's compound free cash flow growth rate over the past 5.54 years comes in at -0.03%; that's greater than just 21.01% of US stocks we're applying DCF forecasting to.
The business' balance sheet suggests that 8% of the company's capital is sourced from debt; this is greater than only 22.51% of the free cash flow producing stocks we're observing.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than merely 0% of stocks in its sector (Technology).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CAMP, COHU, IMXI, INOV, and MRVL can be thought of as valuation peers to QCOM, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
A new report suggests Qualcomm may finally be readying a brand-new chip design for Windows on ARM PCs. The SC8280 is a larger chip that supports up to 32GB of RAM and even faster LPDDR5. But how many cores it can run and how fast it remains unknown. The chances we'll see it in 2021, however, seem likely.
(Bloomberg) -- Apple Inc. has begun early work on an iPhone with a foldable screen, a potential rival to similar devices from Samsung Electronics Co. and others, though it’s planning only minor changes for this year’s iPhone line.The Cupertino, California-based company has developed prototype foldable screens for internal testing, but hasn’t solidified plans to actually launch a foldable iPhone. The development work hasn’t expanded beyond a display, meaning Apple doesn’t yet have full handset prototypes in its labs, according to a person familiar with the work, who asked not to be identified discussing private matters.Like Samsung’s Galaxy Fold, the Motorola Razr reboot and other offerings from Chinese companies including Huawei Technologies Co., a foldable iPhone would let Apple make a...