QUALCOMM (NASDAQ:QCOM) Stock Price Down 1.3% – What’s Next?

Shares of QUALCOMM Incorporated (NASDAQ:QCOM) fell 1.3% during mid-day trading on Friday . The stock traded as low as $154.85 and last traded at $155.82. 7,015,861 shares changed hands during trading, a decline of 26% from the average session volume of 9,523,411 shares. The stock had previously closed at $157.80.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on QCOM. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a research report on Thursday, November 6th. Mizuho set a $175.00 target price on shares of QUALCOMM and gave the stock a “neutral” rating in a report on Friday, January 9th. TD Cowen restated a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. UBS Group lifted their price objective 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. Finally, Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Ten research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $191.28.

QUALCOMM Stock Down 1.3%

The stock has a market capitalization of $166.88 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. The company’s 50-day moving average is $170.72 and its 200 day moving average is $165.47.

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

QUALCOMM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s payout ratio is presently 72.80%.

Insiders Place Their Bets

In related news, CAO Patricia Y. Grech sold 513 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $160.95, for a total transaction of $82,567.35. Following the completion of the transaction, the chief accounting officer owned 203 shares of the company’s stock, valued at $32,672.85. This trade represents a 71.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the sale, the insider directly owned 19,593 shares in the company, valued at $3,387,041.91. This represents a 7.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 44,820 shares of company stock valued at $7,883,482. Insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in shares of QUALCOMM by 0.3% during the 2nd 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 in the last quarter. State Street Corp grew its position in QUALCOMM by 0.8% during the second quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock valued at $8,547,014,000 after buying an additional 420,352 shares during the period. Norges Bank purchased a new position in QUALCOMM in the second quarter valued at $2,713,603,000. Amundi increased its holdings in QUALCOMM by 9.9% in the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after buying an additional 1,138,541 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in shares of QUALCOMM by 141.8% in the third quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock worth $2,069,059,000 after acquiring an additional 7,292,783 shares during the period. 74.35% of the stock is currently 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.