Below are the valuation targets for Qualcomm (QCOM) for the next 10 years.
Our valuation targets for Qualcomm (QCOM) in 2019 are:
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$194.68 (overvalued)
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$124.93 (fair value)
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$55.18 (undervalued)
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$36.58 (extreme undervalue)
The valuation targets for Qualcomm (QCOM) are based on a dividend growth rate of 8.00% which is derived from the lowest calculated growth rate as indicated on the Value Line Investment Survey dated March 15, 2019 and applied to Edson Gould’s Altimeter. A graphical representation of the overvalued, fair value, and undervalued levels are below.
The above Altimeter translates into the following undervalued and overvalued ranges since 2008:
10-Year Targets
Observations
According to Value Line Investment Survey, Qualcomm (QCOM) has an expected price range of $95-$145 by 2022-2024. On our end, we have a range from as low as $69.51 to as high as $286.05 in the same period of time.