Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When people connected the phone to the internet, the mobile revolution was born. Today, foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. The company brings the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.
Qualcomm Incorporated includes licensing business, QTL, and the vast majority of patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business.

Company profile
Ticker
QCOM
Exchange
Website
CEO
Steven Mollenkopf
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
QUALCOMM CDMA Technologies Asia-Pacific Pte. Ltd. • Qualcomm Technologies International, Ltd. • Qualcomm Technologies, Inc. • NuVia, Inc. • RF360 Europe GmbH • RF360 Singapore Pte. Ltd. ...
IRS number
953685934
QCOM stock data
News

Here's How Much You Would Have Made Owning Qualcomm Stock In The Last 5 Years
23 May 22
Qualcomm Whale Trades Spotted
23 May 22
Why This Apple Analyst Recommends Avoiding Qualcomm And Android-Related Stocks
23 May 22
SoundHound Inks Long-Term Partnership With Hyundai
17 May 22
Qualcomm Whale Trades Spotted
17 May 22
Press releases
AMD and Qualcomm Collaborate to Optimize FastConnect Connectivity Solutions for AMD Ryzen Processors
17 May 22
Thinking about trading options or stock in ServiceNow, Qualcomm, Southwest Airlines, Tesla, or Waste Management?
28 Apr 22
Qualcomm Earnings Release Available on Company's Investor Relations Website
27 Apr 22
Qualcomm Appoints Jim Cathey as Chief Commercial Officer
25 Apr 22
Qualcomm Schedules Second Quarter Fiscal 2022 Earnings Release and Conference Call
15 Apr 22
Analyst ratings and price targets
Current price
Average target
$178.50
Low target
$150.00
High target
$220.00
Wells Fargo
Maintains
$150.00
Susquehanna
Maintains
$165.00
Morgan Stanley
Maintains
$170.00
UBS
Maintains
$155.00
Piper Sandler
Maintains
$190.00
Rosenblatt
Maintains
$220.00
Barclays
Maintains
$160.00
Deutsche Bank
Maintains
$190.00
Mizuho
Maintains
$185.00
Keybanc
Maintains
$200.00
Investment data
10 long holdings End of quarter 31 Mar 22 |
Value |
#Shares |
Prev Q |
Change %, QoQ |
---|---|---|---|---|
$64.28M | 420.65K | 429.36K | -2.0 | |
$62.09M | 7.65M | 11.33M | -32.5 | |
$33.2M | 531.91K | 531.91K | 0 | |
$33.13M | 855.19K | 1.9M | -55.0 | |
$27.44M | 5.13M | 5.13M | 0 | |
$6.58M | 2.26M | 2.26M | 0 | |
$3.84M | 1.83M | 1.83M | 0 | |
$3.47M | 108.4K | 108.4K | 0 | |
$268K | 1.06M | 1.06M | 0 | |
$187K | 342.63K | 342.63K | 0 | |
316.59K | EXIT |
Holdings list only includes long positions.
Only includes long positions.
Calendar
27 Apr 22
24 May 22
26 Sep 22
Financial summary
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Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 May 22 | Polek Erin L | Common Stock | Sell | Dispose S | No | Yes | 129.95 | 1,521 | 197.65K | 0 |
20 May 22 | Polek Erin L | Common Stock | Payment of exercise | Dispose F | No | No | 131.6 | 316 | 41.59K | 1,521 |
20 May 22 | Polek Erin L | Common Stock | Option exercise | Acquire M | No | No | 0 | 915 | 0 | 1,837 |
20 May 22 | Polek Erin L | Common Stock | Payment of exercise | Dispose F | No | No | 131.6 | 485 | 63.83K | 922 |
20 May 22 | Polek Erin L | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,407 | 0 | 1,407 |
20 May 22 | Polek Erin L | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 915.849 | 0 | 2,748.574 |
20 May 22 | Polek Erin L | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,407.3 | 0 | 1,408.358 |
20 May 22 | Palkhiwala Akash J. | Common Stock | Payment of exercise | Dispose F | No | No | 131.6 | 674 | 88.7K | 40,154 |
20 May 22 | Palkhiwala Akash J. | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,949 | 0 | 40,828 |
20 May 22 | Palkhiwala Akash J. | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,949.057 | 0 | 1,950.115 |
Institutional ownership, Q1 2022
72.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2306 |
Opened positions | 150 |
Closed positions | 233 |
Increased positions | 1088 |
Reduced positions | 784 |
13F shares | Current |
---|---|
Total value | 123.3B |
Total shares | 815.67M |
Total puts | 26.64M |
Total calls | 20.39M |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 105.59M | $16.14B |
BLK Blackrock | 82.02M | $12.53B |
STT State Street | 48.14M | $7.36B |
FMR | 34.28M | $5.24B |
TROW T. Rowe Price | 23.89M | $3.65B |
Alliancebernstein | 21.6M | $3.3B |
Geode Capital Management | 19M | $2.9B |
MS Morgan Stanley | 15.51M | $2.37B |
IVZ Invesco | 14.52M | $2.22B |
BK Bank Of New York Mellon | 14.17M | $2.16B |
Financial report summary
?Competition
Cirrus Logic • Sigma Designs • Cypress Semiconductor • Wireless Telecom • Peraso • DSP • Nokia • Silicon Laboratories • Pixelworks • NVIDIARisks
- RISKS RELATED TO THE CORONAVIRUS (COVID-19) PANDEMIC
- The coronavirus (COVID-19) pandemic had an adverse effect on our business and results of operations, and may continue to impact us in the future.
- RISKS RELATED TO OUR OPERATING BUSINESSES
- We derive a significant portion of our revenues from a small number of customers and licensees, and particularly from their sale of premium tier devices. If revenues derived from these customers or licensees decrease or the timing of such revenues fluctuates, our business and results of operations could be negatively affected.
- Our business, particularly our semiconductor business, may suffer as a result of our customers vertically integrating (i.e., developing their own integrated circuit products).
- A significant portion of our business is concentrated in China, and the risks of such concentration are exacerbated by U.S./China trade and national security tensions.
- RISKS RELATED TO NEW INITIATIVES
- Our growth depends in part on our ability to extend our technologies and products into new and expanded product areas, and industries and applications beyond mobile handsets. Our research, development and other investments in these new and expanded product areas, industries and applications, and related technologies and products, as well as in our existing technologies and products, and new technologies, may not generate operating income or contribute to future results of operations that meet our expectations.
- We may engage in acquisitions and other strategic transactions or make investments, or be unable to consummate planned strategic acquisitions, which could adversely affect our results of operations or fail to enhance stockholder value.
- RISKS RELATED TO SUPPLY AND MANUFACTURING
- We depend on a limited number of third-party suppliers for the procurement, manufacture, assembly and testing of our products manufactured in a fabless production model. If we fail to execute supply strategies that provide supply assurance, technology leadership and reasonable margins, our business and results of operations may be harmed. We are also subject to order and shipment uncertainties that could negatively impact our results of operations.
- There are numerous risks associated with the operation and control of our manufacturing facilities, including a higher portion of fixed costs relative to a fabless model; environmental compliance and liability; impacts related to climate change; exposure to natural disasters, health crises and cyber-attacks; timely supply of equipment and materials; and various manufacturing issues.
- RISKS RELATED TO CYBERSECURITY OR MISAPPROPRIATION OF OUR CRITICAL INFORMATION
- Our business and operations could suffer in the event of security breaches of our IT systems, or other misappropriation of our technology, intellectual property or other proprietary or confidential information.
- RISKS RELATED TO HUMAN CAPITAL MANAGEMENT
- We may not be able to attract and retain qualified employees, and our attempts to fully reopen our offices and operate under a hybrid working environment may not be successful.
- RISKS SPECIFIC TO OUR LICENSING BUSINESS
- The continued and future success of our licensing programs requires us to continue to evolve our patent portfolio and to renew or renegotiate license agreements that are expiring.
- Efforts by some original equipment manufacturers (OEMs) to avoid paying fair and reasonable royalties for the use of our intellectual property may require the investment of substantial management time and financial resources and may result in legal decisions or actions by governments, courts, regulators or agencies, Standards Development Organizations (SDOs) or other industry organizations that harm our business.
- RISKS RELATED TO REGULATORY AND LEGAL CHALLENGES
- Our business may suffer as a result of adverse rulings in governmental investigations or proceedings.
- RISKS RELATED TO INDUSTRY DYNAMICS AND COMPETITION
- Our revenues depend on our customers’ and licensees’ sales of products and services based on CDMA, OFDMA and other communications technologies, including 5G, and customer demand for our products based on these technologies.
- Our industry is subject to intense competition in an environment of rapid technological change. Our success depends in part on our ability to adapt to such change and compete effectively; and such change and competition could result in decreased demand for our products and technologies or declining average selling prices for our products or those of our customers or licensees.
- RISKS RELATED TO PRODUCT DEFECTS OR SECURITY VULNERABILITIES
- Failures in our products, or in the products of our customers or licensees, including those resulting from security vulnerabilities, defects or errors, could harm our business.
- RISKS RELATED TO INTELLECTUAL PROPERTY
- The enforcement and protection of our intellectual property may be expensive, could fail to prevent misappropriation or unauthorized use of our intellectual property, could result in the loss of our ability to enforce one or more patents, and could be adversely affected by changes in patent laws, by laws in certain foreign jurisdictions that may not effectively protect our intellectual property and by ineffective enforcement of laws in such jurisdictions.
- Claims by other companies that we infringe their intellectual property could adversely affect our business.
- Our use of open source software may harm our business.
- We operate in the highly cyclical semiconductor industry, which is subject to significant downturns. We are also susceptible to declines in global, regional and local economic conditions generally. Our stock price and financial results are subject to substantial quarterly and annual fluctuations due to these dynamics, among others.
- Our business may suffer due to the impact of, or our failure to comply with, the various existing, new or amended laws, regulations, policies or standards to which we are subject.
- There are risks associated with our debt.
- Tax liabilities could adversely affect our results of operations.
Management Discussion
- Revenues for the second quarter of fiscal 2022 were $11.2 billion, an increase of 41% compared to the year ago quarter, with net income of $2.9 billion, an increase of 67% compared to the year ago quarter. Highlights from the second quarter of fiscal 2022 and other recent events included:
- •QCT revenues increased by 52% in the second quarter of fiscal 2022 compared to the year ago quarter, primarily due to an increase in average selling prices and favorable mix toward higher-tier 5G products in handsets, along with higher IoT revenues.
- •On October 4, 2021, we and SSW Partners entered into a definitive agreement to acquire Veoneer, Inc. (Veoneer). The transaction closed on April 1, 2022. We funded substantially all of the total cash consideration payable in the transaction, which was approximately $4.7 billion (inclusive of approximately $4.6 billion for amounts paid in respect of Veoneer’s outstanding capital stock and equity awards and amounts to be paid to settle Veoneer’s outstanding convertible senior notes due 2024; and the $110 million termination fee paid to Magna in the first quarter of fiscal 2022), in exchange for (i) the Arriver business and (ii) the right to receive a majority of the proceeds upon the sale of the Non-Arriver businesses by SSW Partners. We intend to incorporate Arriver’s computer vision, drive policy and driver assistance technologies into our Snapdragon automotive platform to deliver an integrated software SoC ADAS (advanced driver assistance systems) platform for automakers and Tier-1 automotive suppliers. SSW Partners retained Veoneer’s Tier-1 automotive supplier businesses, which it intends to sell in one or more transactions. We will consolidate the Non-Arriver businesses starting from the Closing Date until such businesses are sold by SSW Partners. Additional information related to this acquisition is included in this Quarterly Report in “Notes to Condensed Consolidated Financial Statements, Note 7. Acquisitions.”
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Good
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New words:
ASC, beneficiary, fifteen, greenhouse, hypothetical, indirectly, invasion, lag, repealed, Restraint, Russia, settle, terrorism, Ukraine, underway, unilaterally, war
Removed:
convergence, criteria, declined, employer, import, recession, Singapore, treat
Financial reports
Current reports
8-K
Entry into a Material Definitive Agreement
8 May 22
8-K
Qualcomm Announces Second Quarter Fiscal 2022 Results
27 Apr 22
8-K
Submission of Matters to a Vote of Security Holders
14 Mar 22
8-K
Qualcomm Announces First Quarter Fiscal 2022 Results
2 Feb 22
8-K
Qualcomm Announces Fourth Quarter and Fiscal 2021 Results
3 Nov 21
8-K
Qualcomm and SSW Partners Reach Definitive Agreement to Acquire Veoneer
4 Oct 21
8-K
Qualcomm Announces Third Quarter Fiscal 2021 Results
28 Jul 21
8-K
Amendments to Articles of Incorporation or Bylaws
23 Jul 21
8-K
Departure of Directors or Certain Officers
21 May 21
8-K
Qualcomm Announces Second Quarter Fiscal 2021 Results
28 Apr 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
8 May 22
FWP
Free writing prospectus
5 May 22
424B2
Prospectus for primary offering
5 May 22
S-3ASR
Automatic shelf registration
28 Jul 21
S-8 POS
Registration of securities for employees (post-effective amendment)
23 Jul 21
S-3ASR
Automatic shelf registration
30 Mar 21
S-8
Registration of securities for employees
29 Mar 21
424B3
Prospectus supplement
20 Nov 20
S-4
Registration of securities issued in business combination transactions
5 Nov 20
424B5
Prospectus supplement for primary offering
7 May 20
Proxies
DEFA14A
Additional proxy soliciting materials
20 Jan 22
DEFA14A
Additional proxy soliciting materials
4 Oct 21
DEFA14A
Additional proxy soliciting materials
21 Jan 21
DEFA14A
Additional proxy soliciting materials
13 Feb 20
DEFA14A
Additional proxy soliciting materials
23 Jan 20
DEFA14A
Additional proxy soliciting materials
24 Jan 19
DEF 14A
Definitive proxy
24 Jan 19
Other
SD
Conflict minerals disclosure
20 May 22
SD
Conflict minerals disclosure
21 May 21
EFFECT
Notice of effectiveness
20 Nov 20
CORRESP
Correspondence with SEC
16 Nov 20
UPLOAD
Letter from SEC
11 Nov 20
SD
Conflict minerals disclosure
8 May 20
UPLOAD
Letter from SEC
29 Oct 19
CORRESP
Correspondence with SEC
15 Oct 19
UPLOAD
Letter from SEC
22 Sep 19
SD
Conflict minerals disclosure
10 May 19
Ownership
4
QUALCOMM / HEATHER S ACE ownership change
23 May 22
4
QUALCOMM / JAMES J CATHEY ownership change
23 May 22
4
QUALCOMM / Akash J. Palkhiwala ownership change
23 May 22
4
QUALCOMM / ERIN L POLEK ownership change
23 May 22
4
QUALCOMM / JAMES J CATHEY ownership change
17 May 22
13F-HR
Quarterly holdings report by institutional manager
11 May 22
4
QUALCOMM / JAMES J CATHEY ownership change
6 May 22
3
QUALCOMM / JAMES J CATHEY ownership change
25 Apr 22
4
QUALCOMM / MARK FIELDS ownership change
1 Apr 22
4
QUALCOMM / MARK D MCLAUGHLIN ownership change
1 Apr 22
Patents
Utility
Circuits and methods providing bandgap calibration for multiple outputs
17 May 22
A method and an apparatus to provide bandgap calibration for multiple outputs are disclosed.
Utility
Integrated circuit
17 May 22
Expanded function datagrams in a system power management interface (SPMI) system allow a slave to use an expanded function datagram to address a larger number of masters (e.g., more than four) associated with the SPMI system.
Utility
True random number generator based on period jitter
17 May 22
A true random number generator (TRNG) for generating a sequence of random numbers of bits is disclosed.
Utility
SDIO chip-to-chip interconnect protocol extension for slow devices and power savings
17 May 22
A method of improving synchronization over a secure digital (SD) bus between an SD host and an SD client device is described.
Utility
Peripheral access control for secondary communication channels in power management integrated circuits
17 May 22
Systems, methods, and apparatus managing access to a power management device are disclosed.
Transcripts
2022 Q2
Earnings call transcript
28 Apr 22
2022 Q1
Earnings call transcript
3 Feb 22
2021 Q3
Earnings call transcript
4 Nov 21
2021 Q3
Earnings call transcript
29 Jul 21
2021 Q2
Earnings call transcript
29 Apr 21
2021 Q1
Earnings call transcript
4 Feb 21
2020 Q4
Earnings call transcript
4 Nov 20
2020 Q3
Earnings call transcript
29 Jul 20
2020 Q2
Earnings call transcript
29 Apr 20
2020 Q1
Earnings call transcript
5 Feb 20
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