How Many QUALCOMM Incorporated (NASDAQ:QCOM)’s Analysts Are Bearish?

QUALCOMM Incorporated (NASDAQ:QCOM) Logo
Investors sentiment increased to 0.85 in 2019 Q2. Its up 0.08, from 0.77 in 2019Q1. It is positive, as 66 investors sold QUALCOMM Incorporated shares while 468 reduced holdings. 172 funds opened positions while 281 raised stakes. 927.97 million shares or 2.98% more from 901.11 million shares in 2019Q1 were reported.
Tiverton Asset Ltd Liability holds 0.17% in QUALCOMM Incorporated (NASDAQ:QCOM) or 62,126 shares. Greenwood Cap Associates Ltd Liability Company owns 36,800 shares. Colonial Tru Advisors invested in 0.05% or 3,602 shares. 126,091 are owned by Philadelphia Company. 45,289 were accumulated by Inv Counsel. Douglass Winthrop Advisors Limited Liability Company reported 2,871 shares stake. Kornitzer Capital Management Ks has 571,947 shares for 0.77% of their portfolio. The New York-based Valueworks Llc has invested 7.48% in QUALCOMM Incorporated (NASDAQ:QCOM). Guardian reported 0.84% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). 2.21M were accumulated by Raymond James & Assocs. Highland Cap Mgmt L P has 0.02% invested in QUALCOMM Incorporated (NASDAQ:QCOM). Doheny Asset Mgmt Ca owns 31,700 shares. Bruni J V & Company Company reported 144,885 shares. Bancorp Of Nova Scotia stated it has 0.06% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Excalibur Management, a Massachusetts-based fund reported 2,838 shares.

QUALCOMM Incorporated (NASDAQ:QCOM) Ratings Coverage

Among 10 analysts covering QUALCOMM (NASDAQ:QCOM), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. QUALCOMM has $11500 highest and $6500 lowest target. $85.70’s average target is 9.12% above currents $78.54 stock price. QUALCOMM had 25 analyst reports since March 22, 2019 according to SRatingsIntel. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, May 2 report. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned “Buy” rating by Canaccord Genuity on Thursday, August 1. The stock has “Neutral” rating by Mizuho on Thursday, May 23. The company was maintained on Wednesday, April 17 by Barclays Capital. The rating was maintained by Citigroup with “Neutral” on Thursday, May 2. Bank of America maintained it with “Neutral” rating and $9000 target in Tuesday, April 30 report. The firm has “Equal-Weight” rating given on Thursday, July 18 by Barclays Capital. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, April 17 report. The firm earned “Hold” rating on Thursday, May 23 by Deutsche Bank. Bank of America maintained it with “Buy” rating and $10000 target in Thursday, August 1 report. Below is a list of QUALCOMM Incorporated (NASDAQ:QCOM) latest ratings and price target changes.

02/08/2019 Broker: DZ Bank Old Rating: Hold New Rating: Sell Downgrade
01/08/2019 Broker: Canaccord Genuity Rating: Buy Old Target: $90.0000 New Target: $87.0000 Maintain
01/08/2019 Broker: Bank of America Rating: Buy Old Target: $105.0000 New Target: $100.0000 Maintain
18/07/2019 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal-Weight Old Target: $90.0000 New Target: $75.0000 Downgrade
06/06/2019 Broker: Barclays Capital Rating: Overweight Old Target: $100.0000 New Target: $90.0000 Maintain
23/05/2019 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold Old Target: $98.0000 New Target: $74.0000 Downgrade
23/05/2019 Broker: Mizuho Old Rating: Buy New Rating: Neutral Old Target: $90.0000 New Target: $65.0000 Downgrade
23/05/2019 Broker: Edward Jones Old Rating: Hold New Rating: Sell Downgrade
23/05/2019 Broker: Goldman Sachs Rating: Neutral New Target: $73.0000 Initiates Coverage On
21/05/2019 Broker: BidaskScore Rating: Hold Downgrade

The stock decreased 0.68% or $0.54 during the last trading session, reaching $78.54. About 3.27M shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 17.92% since September 13, 2018 and is uptrending. It has outperformed by 17.92% the S&P500.

QUALCOMM Incorporated develops, designs, makes, and markets digital communications services and products in China, South Korea, Taiwan, the United States, and internationally. The company has market cap of $95.48 billion. The firm operates through three divisions: Qualcomm CDMA Technologies ; Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). It has a 28.75 P/E ratio. The QCT segment develops and supplies integrated circuits and system software based on code division multiple access (CDMA), orthogonal frequency division multiple access (OFDMA), and other technologies for use in voice and data communications, networking, application processing, multimedia, and global positioning system products.

More notable recent QUALCOMM Incorporated (NASDAQ:QCOM) news were published by: Nasdaq.com which released: “Notable ETF Inflow Detected – QQQ, TXN, QCOM, MU – Nasdaq” on August 21, 2019, also Nasdaq.com with their article: “Patent Wins Make QCOM Stock a Lot More Interesting – Nasdaq” published on December 28, 2018, Nasdaq.com published: “Why Qualcomm (QCOM) Could Beat Earnings Estimates Again – Nasdaq” on April 01, 2019. More interesting news about QUALCOMM Incorporated (NASDAQ:QCOM) were released by: Seekingalpha.com and their article: “U.S. set to grant another Huawei extension – Seeking Alpha” published on August 17, 2019 as well as Nasdaq.com‘s news article titled: “Qualcomm (QCOM) 2nd Quarter Earnings: What to Expect – Nasdaq” with publication date: May 01, 2019.

QUALCOMM Incorporated (NASDAQ:QCOM) Institutional Positions Chart

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