Qualcomm (NASDAQ:QCOM) Trading Down 1.8% – What’s Next?

Qualcomm Incorporated (NASDAQ:QCOM)’s share price was down 1.8% during mid-day trading on Thursday . The company traded as low as $135.80 and last traded at $137.00. Approximately 8,958,730 shares changed hands during trading, a decline of 14% from the average daily volume of 10,452,804 shares. The stock had previously closed at $139.51.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on QCOM. Mizuho cut their target price on shares of Qualcomm from $160.00 to $140.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. TD Cowen cut their price objective on Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Daiwa Securities Group lowered Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 target price for the company. in a research report on Wednesday, February 11th. Susquehanna cut Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 target price for the company. in a research note on Thursday, February 5th. Finally, DZ Bank raised Qualcomm to a “strong-buy” rating in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $168.48.

Qualcomm Stock Performance

The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $146.18 billion, a P/E ratio of 28.31, a price-to-earnings-growth ratio of 6.88 and a beta of 1.25. The business’s 50 day simple moving average is $154.95 and its two-hundred day simple moving average is $163.46.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. During the same quarter in the prior year, the company posted $3.41 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Sell-side analysts anticipate that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders 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 dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s dividend payout ratio is presently 73.55%.

Insiders Place Their Bets

In other Qualcomm news, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the transaction, the executive vice president owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the transaction, the executive vice president directly owned 23,944 shares of the company’s stock, valued at $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 45,501 shares of company stock valued at $7,784,198. 0.05% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in QCOM. Westerkirk Capital Inc. purchased a new stake in Qualcomm during the second quarter valued at approximately $4,539,000. MASTERINVEST Kapitalanlage GmbH acquired a new position in shares of Qualcomm during the second quarter worth $3,896,000. Inscription Capital LLC lifted its holdings in shares of 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 purchasing an additional 4,799 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position 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 worth $167,082,000 after purchasing an additional 16,738 shares in the last quarter. Finally, Simplify Asset Management Inc. purchased a new position in Qualcomm during the 3rd quarter worth $725,000. 74.35% of the stock is currently owned by institutional investors.

Qualcomm Company 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.