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 13th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 86.67%. As for the metrics that stood out in our discounted cash flow analysis of Qualcomm Inc, consider:
Its compound free cash flow growth rate, as measured over the past 5.5 years, is -0.11% -- higher than only 13.95% of stocks in our DCF forecasting set.
As a business, QCOM is generating more cash flow than 92.22% of positive cash flow stocks in the Technology.
The business' balance sheet suggests that 10% of the company's capital is sourced from debt; this is greater than only 23.53% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
NUAN, GLW, ON, QADB, and SAP 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.
It was just last year that Microsoft introduced the Surface Pro X, its first ARM-powered PC, but the company today introduced a few updates to make the svelter laptop more appealing. Although the prior model will remain for sale, the company is updating the top-end configurations with a new Microsoft SQ2 processor, once again created in partnership with Qualcomm. The company claims that with its new chipset, the Surface Pro X offers the fastest performance in the category. Though Microsoft didn’t provide performance specifics, it appears to be based on the Qualcomm 8cx Gen 2 chip announced in September. Qualcomm… This story continues at The Next Web
"We hereby inform that, Jio Platforms, a subsidiary of the company, received the subscription amounts today from the following investors and allotted equity shares to them," RIL said in a late evening filing on Wednesday. RIL had earlier said that Qualcomm Ventures' investment would deepen the ties between Qualcomm and Jio Platforms to support the latter on its journey to rollout advanced 5G infrastructure and services for Indian customers.
BOSTON--(BUSINESS WIRE)--The global smartphone applications processor (AP) market once again defied the COVID-19 pandemic and grew 20 percent in revenue terms to $5.8 billion in Q2 2020, according to Strategy Analytics’ Handset Component Technologies (HCT) service report. According to this Strategy Analytics’ research report “ Smartphone Apps Processor Market Share Tracker Q2 2020: 5G Drives Revenue Surge ” from Strategy Analytics, Qualcomm, HiSilicon, Apple, MediaTek, and Samsung LSI captured
As Qualcomm (QCOM) hit my previous targets of $120, now is the time to review the potential for higher stock prices in the wireless chip giant. The company provides the leading wireless technology for 5G and has recently landed Apple (AAPL) and Huawei as royalty payers. My investment thesis isn't...
Stone Fox Capital on Seeking Alpha | September 30, 2020