QUALCOMM (NASDAQ:QCOM) Shares Down 1.2% – Here’s Why

Shares of QUALCOMM Incorporated (NASDAQ:QCOM) traded down 1.2% during mid-day trading on Friday . The stock traded as low as $159.21 and last traded at $159.42. 11,915,509 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 9,737,686 shares. The stock had previously closed at $161.39.

More QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Declared quarterly cash dividend of $0.89/share (annualized yield ~2.2%); payable March 26 to holders of record March 5 — supports income investors and signals confidence in cash flow. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: Coverage and feature pieces highlight Qualcomm’s push into personal AI, wearables (large Ray?Ban demand with Meta) and new Dragonwing IQ10 chips for robotics — these represent meaningful growth levers beyond handset modems. Qualcomm: Ignored Personal AI Boom
• Neutral Sentiment: RBC (RBC Capital) initiated coverage with a “sector perform” / KeyCorp issued updated Q1 EPS assumptions — analyst activity keeps the name in focus but does not currently signal a consensus upgrade. RBC Capital initiates coverage
• Negative Sentiment: Mizuho’s downgrade (covered in MarketBeat) from Outperform to Neutral and a cut to the price target flagged near?term headwinds: expected modem share losses on upcoming Apple devices, softer global handset demand (especially China), and rising local competition — this note is the primary driver of recent selling pressure. Qualcomm: Wall Street’s Patience Is Wearing Thin
• Negative Sentiment: Trade/tariff risk: coverage highlights the potential impact of a proposed 25% tariff on AI chips — could raise costs or disrupt supply chains for semiconductor players exposed to the U.S./China/Taiwan dynamics. 5 AI Chip Stocks Most Exposed to Trump’s New 25% Tariff

Analyst Upgrades and Downgrades

Several research firms have weighed in on QCOM. Cantor Fitzgerald restated a “neutral” rating and set a $185.00 price target on shares of QUALCOMM in a report on Tuesday, December 16th. Rosenblatt Securities reissued a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. UBS Group boosted their price target on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Citigroup reaffirmed a “neutral” rating on shares of QUALCOMM in a research note on Thursday. Finally, Bank of America lifted their price objective on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Eleven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, QUALCOMM currently has a consensus rating of “Hold” and a consensus price target of $191.28.

QUALCOMM Stock Down 1.2%

The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The company’s fifty day moving average price is $172.10 and its 200-day moving average price is $165.64. The stock has a market cap of $170.74 billion, a P/E ratio of 32.60, a price-to-earnings-growth ratio of 3.55 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. The company had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.

Insider Activity at QUALCOMM

In other QUALCOMM news, EVP Ann C. Chaplin sold 7,180 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the transaction, the executive vice president owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the sale, the executive vice president owned 26,071 shares in the company, valued at approximately $4,640,898.71. The trade was a 37.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 53,155 shares of company stock worth $9,267,593 over the last quarter. 0.08% of the stock is owned by insiders.

Institutional Investors Weigh In On QUALCOMM

Several large investors have recently added to or reduced their stakes in QCOM. Vanguard Group Inc. boosted its holdings in shares of QUALCOMM by 0.3% in the second quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock valued at $18,260,635,000 after purchasing an additional 290,799 shares during the period. State Street Corp increased its holdings in QUALCOMM by 0.8% during the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock worth $8,547,014,000 after purchasing an additional 420,352 shares during the period. Norges Bank bought a new stake in QUALCOMM during the 2nd quarter valued at $2,713,603,000. Amundi lifted its holdings in shares of QUALCOMM by 9.9% in the 3rd quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock worth $2,136,486,000 after buying an additional 1,138,541 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of QUALCOMM by 141.8% during the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock worth $2,069,059,000 after buying an additional 7,292,783 shares in the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

About QUALCOMM

QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi?Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.