Replies to post #16366 on Qualcomm Inc (QCOM)

[khemara_qc]

dwdkc, I hope you are right!

According to below analysis, the Average Estimated Price by 9/30/06 is 57.91 or about 58 as you stated.

http://moneycentral.msn.com/investor/research/wizards/srwtarget.asp?Symbol=QCOM

What's the best guess for the stock price in 1-2 years?
Investors fix targets for most stocks by estimating future earnings per share and then applying a price-to-earnings "multiple", also known as the P/E ratio. Companies with the most consistent earnings history or strongest growth prospects receive the highest P/E multiples. We calculate price targets for the current and next fiscal year by applying the stock's current multiple to the average professional analyst's estimate.
Valuation using QUALCOMM INC 's current multiple (P/E):

Fiscal Year Est Low/High Price Range Avg. Est. Price % Change for Average
9/2006 $51.43-$62.10 $57.91 14.54%

9/2007 $55.25-$75.44 $65.53 29.61%

QUALCOMM INC current price: 50.56
QUALCOMM INC current multiple (P/E): 38.10

QUALCOMM INC average 9/2006 estimate: 1.52
QUALCOMM INC low 9/2006 estimate: 1.35
QUALCOMM INC high 9/2006 estimate: 1.63
QUALCOMM INC average 9/2007 estimate: 1.72
QUALCOMM INC low 9/2007 estimate: 1.45
QUALCOMM INC high 9/2007 estimate: 1.98