Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report) CAO Patricia Grech sold 208 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $170.00, for a total value of $35,360.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualcomm Price Performance
Shares of QCOM stock opened at $169.96 on Thursday. The stock has a market cap of $178.50 billion, a price-to-earnings ratio of 19.67, a PEG ratio of 3.47 and a beta of 1.67. The business’s fifty day moving average is $170.19 and its 200 day moving average is $169.46. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46.
Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. During the same period in the prior year, the business posted $2.77 EPS. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Research analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current fiscal year.
Qualcomm Announces Dividend
Institutional Investors Weigh In On Qualcomm
A number of large investors have recently made changes to their positions in the company. JFS Wealth Advisors LLC raised its position in Qualcomm by 3.4% in the second quarter. JFS Wealth Advisors LLC now owns 1,595 shares of the wireless technology company’s stock worth $295,000 after acquiring an additional 53 shares during the period. Wall Street Financial Group Inc. grew its position in shares of Qualcomm by 1.9% during the 2nd quarter. Wall Street Financial Group Inc. now owns 3,050 shares of the wireless technology company’s stock valued at $564,000 after acquiring an additional 57 shares during the period. Sunbeam Capital Management LLC grew its position in shares of Qualcomm by 3.7% during the 2nd quarter. Sunbeam Capital Management LLC now owns 1,637 shares of the wireless technology company’s stock valued at $303,000 after acquiring an additional 58 shares during the period. Basepoint Wealth LLC increased its stake in shares of Qualcomm by 1.8% in the 1st quarter. Basepoint Wealth LLC now owns 3,333 shares of the wireless technology company’s stock worth $429,000 after purchasing an additional 59 shares in the last quarter. Finally, Five Oceans Advisors increased its stake in shares of Qualcomm by 3.3% in the 2nd quarter. Five Oceans Advisors now owns 1,827 shares of the wireless technology company’s stock worth $338,000 after purchasing an additional 59 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities research analysts have commented on QCOM shares. Morgan Stanley dropped their target price on Qualcomm from $231.00 to $220.00 and set an “equal weight” rating on the stock in a report on Thursday, July 30th. Rosenblatt Securities reduced their price objective on shares of Qualcomm from $265.00 to $235.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. HSBC reiterated a “hold” rating on shares of Qualcomm in a research note on Wednesday, July 15th. Raymond James Financial initiated coverage on shares of Qualcomm in a report on Thursday, June 25th. They issued a “strong-buy” rating for the company. Finally, Roth Capital started coverage on Qualcomm in a research note on Friday, May 8th. They set a “buy” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $203.76.
Get Our Latest Report on Qualcomm
Trending Headlines about Qualcomm
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm unveiled Adreno Neural Fusion, an AI-powered graphics technology designed to improve image quality and gaming performance on mobile devices. The feature is expected to debut with the next-generation Snapdragon 8 Elite platform, giving Qualcomm a potential competitive advantage in premium mobile gaming. Qualcomm Unveils Adreno Neural Fusion To Supercharge Mobile Gaming The next Snapdragon flagship chip is getting Qualcomm’s take on DLSS
- Positive Sentiment: Qualcomm is expanding its AI-PC presence through a partnership with HUMAIN. HUMAIN’s Horizon Ultra computer will use Qualcomm’s Snapdragon X2 Elite platform, supporting the company’s strategy to diversify beyond smartphones and gain additional exposure to AI-enabled PCs. Can Qualcomm’s Tie-Up With HUMAIN for AI PC Lift Its Shares?
- Positive Sentiment: Qualcomm’s quarterly dividend of $0.92 per share remains a supporting factor for income-oriented investors, representing a $3.68 annualized payout and an approximately 2.2% yield. Qualcomm dividend and analyst coverage
- Neutral Sentiment: Analysts see long-term potential in Qualcomm’s automotive and data-center AI businesses, but the stock faces a “Hold” consensus as smartphone demand, Apple-related revenue pressure and gradual revenue contraction offset diversification efforts. Recent earnings also showed revenue growth above estimates but earnings per share slightly below consensus, with revenue down year over year. Qualcomm’s AI Ambitions Run Into a Smartphone Reality Check
- Negative Sentiment: Semiconductor stocks came under pressure as a global bond selloff pushed long-term yields higher, prompting investors to reassess higher-multiple technology shares. Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields
- Negative Sentiment: Nvidia’s $3.5 billion investment in rival MediaTek and planned collaboration on AI chips, PCs and automotive products could intensify competitive pressure on Qualcomm in several of its targeted growth markets. Nvidia deal lifts MediaTek shares
- Neutral Sentiment: Qualcomm Chief Accounting Officer Patricia Grech sold 208 shares for $35,360 under a pre-arranged Rule 10b5-1 plan. The small, scheduled transaction is unlikely to materially change the investment outlook. Qualcomm CAO stock sale
Qualcomm Company Profile
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.
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