QUALCOMM (NASDAQ:QCOM) Trading Up 3.5% – Time to Buy?

QUALCOMM Incorporated (NASDAQ:QCOM)’s share price traded up 3.5% on Tuesday . The company traded as high as $184.45 and last traded at $182.45. 10,696,782 shares changed hands during mid-day trading, an increase of 23% from the average session volume of 8,711,840 shares. The stock had previously closed at $176.31.

Key Stores Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Qualcomm unveiled Dragonwing IQ10 and a full suite of robotics technologies at CES, positioning the company as a platform provider for everything from household robots to full‑size humanoids — a strategic move that expands addressable markets beyond phones and could justify a re‑rating. Read More.
• Positive Sentiment: QUALCOMM introduced the Snapdragon X2 Plus platform (3 nm Oryon cores) aimed at AI PCs and higher‑performance mobile devices, which supports growth beyond smartphones via better performance and battery life — a tangible product catalyst for future revenue expansion. Read More.
• Positive Sentiment: CEO Cristiano Amon’s public push that “robotics is the next big wave of AI” (comments at CES/CNBC) reinforces management’s strategic focus and investor confidence that Qualcomm can replicate its auto success in a new high‑growth vertical. Read More.
• Positive Sentiment: Fundamentals: recent coverage highlights Qualcomm’s record FY2025 EPS and solid guidance (Q1 FY2026 EPS 3.30–3.50), supporting the view that core licensing and chip businesses remain profitable drivers for free cash flow. Read More.
• Neutral Sentiment: Valuation context: analysts are revising targets higher alongside CES momentum, but consensus price targets and ratings remain mixed — the move depends on whether new products convert to meaningful revenue. Read More.
• Negative Sentiment: Insider activity: EVP Akash Palkhiwala sold 3,333 shares (~$577k), a modest executive sale that can be interpreted neutrally but may be read by some investors as profit‑taking. Read More.
• Negative Sentiment: Near‑term risks highlighted by analysts include margin pressure, fierce competition (esp. in China) and the firm’s relatively modest stock gain versus peers — factors that could cap upside if product wins don’t materialize quickly. Read More.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on QCOM shares. Susquehanna set a $210.00 price objective on shares of QUALCOMM in a research report on Thursday, November 6th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $185.00 price target on shares of QUALCOMM in a report on Tuesday, December 16th. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. Wells Fargo & Company boosted their price objective on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday, November 6th. Finally, Mizuho raised their target price on QUALCOMM from $185.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, QUALCOMM has an average rating of “Moderate Buy” and a consensus price target of $192.94.

QUALCOMM Trading Up 3.5%

The company has a 50 day moving average of $173.16 and a 200 day moving average of $164.76. The firm has a market cap of $195.40 billion, a price-to-earnings ratio of 37.31, a price-to-earnings-growth ratio of 3.79 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.

QUALCOMM (NASDAQ:QCOM) last issued its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The company had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. During the same quarter in the previous year, the company earned $2.69 EPS. The firm’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, research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Insider Activity

In other news, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the sale, the executive vice president owned 26,071 shares of the company’s stock, valued at approximately $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares in the company, valued at $3,387,041.91. The trade was a 7.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 53,155 shares of company stock valued at $9,267,593. Corporate insiders own 0.08% of the company’s stock.

Institutional Trading of QUALCOMM

A number of hedge funds and other institutional investors have recently made changes to their positions in QCOM. Harbor Capital Advisors Inc. grew its holdings in 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 acquiring an additional 65 shares during the last quarter. Cloud Capital Management LLC acquired a new position in shares of QUALCOMM during the third quarter worth approximately $27,000. Chung Wu Investment Group LLC bought a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. Harbor Asset Planning Inc. acquired a new stake in shares of QUALCOMM in the second quarter valued at approximately $32,000. Finally, Winnow Wealth LLC bought a new position in QUALCOMM in the 2nd quarter worth approximately $32,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

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.