Qualcomm (NASDAQ:QCOM) EVP Sells 2,500 Shares

Qualcomm Incorporated (NASDAQ:QCOM) EVP Akash Palkhiwala sold 2,500 shares of the company’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $182.85, for a total value of $457,125.00. Following the completion of the sale, the executive vice president owned 18,184 shares of the company’s stock, valued at approximately $3,324,944.40. This trade represents a 12.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Price Performance

NASDAQ:QCOM traded up $5.09 during mid-day trading on Friday, reaching $181.97. 11,541,876 shares of the stock were exchanged, compared to its average volume of 15,588,781. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The business has a fifty day moving average price of $168.34 and a 200 day moving average price of $170.75. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92. The firm has a market capitalization of $191.11 billion, a PE ratio of 21.06, a PEG ratio of 3.68 and a beta of 1.68.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. During the same period in the previous year, the company posted $2.77 earnings per share. Qualcomm’s 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 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a yield of 2.0%. Qualcomm’s dividend payout ratio is currently 42.59%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on QCOM. Freedom Capital raised Qualcomm from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Mizuho lifted their target price on Qualcomm from $170.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Rosenblatt Securities reaffirmed a “buy” rating and set a $235.00 target price on shares of Qualcomm in a research report on Wednesday. Wells Fargo & Company reduced their target price on Qualcomm from $265.00 to $170.00 and set an “equal weight” rating for the company in a report on Thursday, July 30th. Finally, Evercore set a $159.00 price target on Qualcomm in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $204.10.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm secured a multi-generational custom-silicon partnership with Qualcomm’s AWS Deal Takes Aim at Nvidia, But Comes With Fine Print Amazon Web Services. The deal provides significant validation from a major AI infrastructure customer and strengthens Qualcomm’s challenge to Nvidia in data-center computing. Qualcomm’s CFO is reportedly targeting roughly $5 billion in future data-center revenue, adding to the growth narrative.
• Positive Sentiment: Investors increasingly view automotive and data-center chips as potential growth engines that can offset slowing handset sales. Analysts and market commentary suggest the AWS agreement could lead to upward estimate revisions if Qualcomm converts the partnership into meaningful, recurring deployments. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Neutral Sentiment: Rosenblatt Securities reaffirmed its “Buy” rating, while Piper Sandler moved Qualcomm to “Hold.” The mixed analyst actions indicate optimism about the longer-term diversification story but limited certainty about near-term earnings growth.
• Neutral Sentiment: The AWS announcement is strategically important, but reports caution that the partnership’s structure and execution timetable could limit its immediate revenue impact. Qualcomm’s valuation and future upside therefore depend on actual customer volumes and revised forecasts, not simply the headline design win.
• Negative Sentiment: Apple’s iPhone 18 Pro includes Apple’s in-house C2 modem, signaling continued efforts to reduce reliance on Qualcomm. Although the iPhone 18 Pro Max may still use Qualcomm technology in some markets, further modem insourcing presents a long-term risk to Qualcomm’s handset revenue and margins. iPhone 18 Pro Debuts C2 Modem
• Negative Sentiment: Qualcomm’s latest quarterly results showed weaker year-over-year earnings and revenue, while earnings per share narrowly missed estimates. That performance, combined with a handset business described as shrinking, leaves investors dependent on automotive, IoT and data-center expansion to sustain the recovery.

Hedge Funds Weigh In On Qualcomm

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Talon Private Wealth LLC lifted its holdings in shares of Qualcomm by 14.3% in the second quarter. Talon Private Wealth LLC now owns 14,498 shares of the wireless technology company’s stock valued at $2,679,000 after purchasing an additional 1,819 shares in the last quarter. ABS Direct Equity Fund LLC purchased a new position in shares of Qualcomm during the second quarter valued at $34,000. Bouchey Financial Group Ltd. purchased a new position in shares of Qualcomm during the second quarter valued at $268,000. Core Capital Management & Research inc. acquired a new position in Qualcomm during the second quarter valued at $208,000. Finally, Sequoia Financial Advisors LLC raised its position in Qualcomm by 9.6% during the second quarter. Sequoia Financial Advisors LLC now owns 153,479 shares of the wireless technology company’s stock valued at $28,361,000 after buying an additional 13,452 shares during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

About Qualcomm

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.