Qualcomm traded at $175.91 this Friday October 23rd, increasing $3.08 or 1.78 percent since the previous trading session. Looking back, over the last four weeks, Qualcomm gained 9.45 percent. Over the last 12 months, its price rose by 4.13 percent. Looking ahead, we forecast Qualcomm to be priced at 168.48 by the end of this quarter and at 158.04 in one year, according to Trading Economics global macro models projections and analysts expectations.
Qualcomm Incorporated is a wireless technology company. The Company is engaged in the development, launch and expansion of technologies like fifth-generation (5G). The Company operates through three segments: QCT (Qualcomm CDMA Technologies) segment, QTL (Qualcomm Technology Licensing) segment and QSI (Qualcomm Strategic Initiatives) segment. It is specialized in offering third-generation (3G), fourth-generation (4G) wireless technologies and 5G wireless technologies. Its offered technologies and products are used in mobile devices and other wireless products, including network equipment, broadband gateway equipment, consumer electronic devices and other connected devices. Its technologies and products are also used in industry segments and applications beyond mobile, including automotive, computing, Internet of Things (IoT) and networking.