QUALCOMM Incorporated $QCOM Shares Purchased by Forum Financial Management LP

Forum Financial Management LP increased its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 64.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 11,672 shares of the wireless technology company’s stock after acquiring an additional 4,560 shares during the period. Forum Financial Management LP’s holdings in QUALCOMM were worth $1,942,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. increased its position in shares of QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares during the last quarter. Chung Wu Investment Group LLC purchased a new position in QUALCOMM during the second quarter worth about $32,000. Harbor Asset Planning Inc. acquired a new stake in shares of QUALCOMM during the second quarter valued at about $32,000. Winnow Wealth LLC acquired a new stake in shares of QUALCOMM during the second quarter valued at about $32,000. Finally, Lavaca Capital LLC purchased a new stake in shares of QUALCOMM in the 2nd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on QCOM. TD Cowen lifted their target price on shares of QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 6th. UBS Group raised their price target on QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Cowen reiterated a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Mizuho set a $175.00 target price on QUALCOMM and gave the stock a “neutral” rating in a research note on Friday. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $185.00 target price on shares of QUALCOMM in a research report on Tuesday, December 16th. Twelve equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $191.56.

QUALCOMM Trading Down 2.2%

NASDAQ:QCOM opened at $177.78 on Friday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The firm has a market cap of $190.40 billion, a PE ratio of 36.36, a price-to-earnings-growth ratio of 3.89 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 stock has a fifty day moving average price of $173.25 and a 200 day moving average price of $165.44.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping 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 return on equity of 43.22% and a net margin of 12.51%.QUALCOMM’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM News Roundup

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Analysts are rethinking Qualcomm’s investment story after new AI and Android-related announcements at CES, highlighting stronger on-device AI positioning and a broader competitive footprint that could lift long?term growth expectations. Read More.
• Positive Sentiment: QCOM expanded automotive wins: a Hyundai Mobis partnership to co-develop software-defined vehicles and ADAS using Snapdragon Ride Flex — this could accelerate recurring software/processor revenue from autos. Read More.
• Positive Sentiment: Qualcomm struck a long?term supply deal to provide infotainment tech for Volkswagen’s new software platform, reinforcing automotive content gains and multi-year revenue visibility. Read More.
• Positive Sentiment: JPMorgan and other CES takeaways show Qualcomm’s Snapdragon platforms are moving deeper into PCs and high?end laptops, expanding TAM beyond phones and supporting the company’s diversification narrative. Read More.
• Positive Sentiment: Qualcomm showcased robot and AI compute use cases at CES (and in an investor video explaining humanoid-robot deployments), signaling on-device AI traction that supports higher-margin, software-enabled opportunities. Read More. • Read More.
• Neutral Sentiment: Technicals: MarketBeat notes Qualcomm is pressing a key resistance (~$183) after a tightening wedge; a decisive breakout could be bullish, but failure would keep the stock range?bound — important near-term chart risk/reward ahead of earnings. Read More.
• Neutral Sentiment: Earnings preview: Analysts expect a modest, single?digit EPS decline for the coming quarter, making the upcoming report a key catalyst — upside beats could drive a sharp move, misses could amplify downside. Read More.
• Neutral Sentiment: Increased investor attention noted by Zacks — higher search/flow can magnify moves in either direction as earnings approach. Read More.
• Negative Sentiment: Mizuho downgraded Qualcomm citing growing handset headwinds — persistent weakness in smartphone volumes/pricing could pressure near?term earnings and margins, countering diversification gains. Read More.

Insider Transactions at QUALCOMM

In other news, CAO Patricia Y. Grech sold 203 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of QUALCOMM stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. This trade represents a 23.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,155 shares of company stock valued at $9,267,593 over the last quarter. Insiders own 0.08% of the company’s stock.

QUALCOMM 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.