QUALCOMM (NASDAQ:QCOM) Stock Price Expected to Rise, Mizuho Analyst Says

QUALCOMM (NASDAQ:QCOM) had its price objective boosted by equities researchers at Mizuho from $185.00 to $200.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “outperform” rating on the wireless technology company’s stock. Mizuho’s price objective would indicate a potential upside of 17.03% from the company’s current price.

A number of other brokerages also recently commented on QCOM. Piper Sandler reduced their price objective on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research report on Thursday, July 31st. JPMorgan Chase & Co. raised their target price on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday. UBS Group set a $165.00 price target on shares of QUALCOMM in a research note on Monday, October 27th. Weiss Ratings raised shares of QUALCOMM from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, October 25th. Finally, Sanford C. Bernstein set a $185.00 price objective on shares of QUALCOMM and gave the stock an “outperform” rating in a report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, QUALCOMM has a consensus rating of “Moderate Buy” and an average target price of $190.38.

QUALCOMM Price Performance

Shares of QUALCOMM stock opened at $170.89 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The company has a market cap of $183.02 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. The firm has a fifty day moving average price of $167.46 and a two-hundred day moving average price of $157.89. QUALCOMM has a fifty-two week low of $120.80 and a fifty-two week high of $205.95.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. During the same quarter in the prior year, the business earned $2.69 earnings per share. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Analysts expect that QUALCOMM will post 9.39 EPS for the current year.

Insider Activity

In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total value of $24,834,000.00. Following the transaction, the chief executive officer directly owned 149,304 shares in the company, valued at $24,718,770.24. The trade was a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Neil Martin sold 791 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $154.82, for a total transaction of $122,462.62. Following the sale, the chief accounting officer directly owned 1,106 shares in the company, valued at $171,230.92. This represents a 41.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 163,169 shares of company stock valued at $26,978,998. Company insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On QUALCOMM

Institutional investors and hedge funds have recently bought and sold shares of the business. Vermillion & White Wealth Management Group LLC grew its holdings in QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 93 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of QUALCOMM by 72.2% during the third 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 in the last quarter. Cloud Capital Management LLC bought a new stake in shares of QUALCOMM during the third quarter valued at approximately $27,000. Chung Wu Investment Group LLC acquired a new stake in shares of QUALCOMM in the second quarter valued at approximately $32,000. Finally, Harbor Asset Planning Inc. bought a new position in QUALCOMM in the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.