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What Are Analyst Recommendations for Qualcomm?

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Nov. 20 2020, Updated 5:29 p.m. ET

Shareholder returns and stock trends

As of November 13, 2015, Qualcomm (QCOM) has generated returns of -26.7% for the trailing 12 months (or TTM) and -13.3% in the trailing one-month period. The company’s share price has fallen by 2.8% in the trailing five-day period.

Qualcomm’s peers Juniper Networks (JNPR), Motorola Solutions (MSI), and Cisco Systems (CISCO) have generated returns of -9.5%, 1.5%, and 7.9%, respectively, in the trailing five-day period.

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Moving averages

On November 13, 2015, the last trading price for Qualcomm (QCOM) was $51.90. The company was trading 9.3% below its 20-day moving average of $57.30, 7.4% below its 50-day moving average of $56.10, and 11.8% below its 100-day moving average of $58.90.

Moving average convergence divergence and RSI

The MACD (moving average convergence divergence) is the difference between a company’s short-term and long-term moving averages. Qualcomm’s (QCOM) 14-day MACD of 0.53 shows a downward trading trend, as the figure is negative.

The 14-day Relative Strength Index (or RSI) for Qualcomm (QCOM) is 35, which shows that the stock was somewhat oversold. If the RSI is above 70, it indicates the stock is somewhat overbought. An RSI figure below 30 suggests that a stock has been oversold.

Qualcomm (QCOM) constitutes 0.45% of the SPDR S&P 500 ETF (SPY) and 1.5% of the PowerShares QQQ ETF (QQQ).

Analyst recommendations

Of the 35 analysts covering Qualcomm (QCOM), 18 have given it a “buy” recommendation, two a “sell” recommendation, and 15 a “hold” recommendation. The analyst stock price target for the company is $65.80, with a median target estimate of $66. Qualcomm (QCOM) is trading at a discount of 21.3% with respect to its median target.

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