Qualcomm (NASDAQ:QCOM) Trading Down 2.2% – What’s Next?

Qualcomm Incorporated (NASDAQ:QCOM)’s share price traded down 2.2% during trading on Friday . The company traded as low as $141.35 and last traded at $142.36. 12,415,818 shares were traded during trading, an increase of 17% from the average session volume of 10,598,934 shares. The stock had previously closed at $145.59.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Daiwa Securities Group lowered Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price objective on the stock. in a research note on Wednesday, February 11th. Royal Bank Of Canada reduced their price target on shares of Qualcomm from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. Piper Sandler reaffirmed an “overweight” rating and set a $200.00 price target on shares of Qualcomm in a report on Thursday, February 5th. JPMorgan Chase & Co. cut their target price on shares of Qualcomm from $195.00 to $185.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $200.00 price target on shares of Qualcomm in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Qualcomm currently has an average rating of “Hold” and an average price target of $168.48.

Qualcomm Stock Performance

The firm has a market capitalization of $151.90 billion, a P/E ratio of 29.41, a price-to-earnings-growth ratio of 7.28 and a beta of 1.22. The company has a 50-day moving average of $157.71 and a 200-day moving average of $163.81. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. During the same period last year, the company earned $3.41 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts anticipate that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is presently 73.55%.

Insider Activity

In other news, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 23,944 shares in the company, valued at $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 45,704 shares of company stock valued at $7,818,708. Corporate insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Westerkirk Capital Inc. purchased a new position in shares of Qualcomm during the 2nd quarter valued at approximately $4,539,000. MASTERINVEST Kapitalanlage GmbH acquired a new stake in Qualcomm in the second quarter valued at $3,896,000. Inscription Capital LLC boosted its stake in Qualcomm by 58.1% during the 3rd quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock valued at $2,172,000 after acquiring an additional 4,799 shares during the last quarter. Great Lakes Retirement Inc. grew its holdings in Qualcomm by 8.0% during the 2nd quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock worth $3,454,000 after acquiring an additional 1,610 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Qualcomm by 1.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company’s stock valued at $167,082,000 after purchasing an additional 16,738 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

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.