Qualcomm (NASDAQ:QCOM) EVP Ann Chaplin Sells 1,827 Shares of Company Stock

Qualcomm Incorporated (NASDAQ:QCOM) EVP Ann Chaplin sold 1,827 shares of the firm’s stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $174.75, for a total value of $319,268.25. Following the sale, the executive vice president directly owned 25,770 shares in the company, valued at $4,503,307.50. This trade represents a 6.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Down 3.5%

QCOM stock traded down $6.29 during trading on Friday, hitting $172.11. 12,515,851 shares of the company’s stock were exchanged, compared to its average volume of 13,203,231. The business has a 50-day moving average price of $175.02 and a two-hundred day moving average price of $179.33. The stock has a market capitalization of $183.79 billion, a price-to-earnings ratio of 19.92, a PEG ratio of 4.02 and a beta of 1.65. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The business had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period last year, the company earned $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, equities research analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm appears to have prevailed in its licensing dispute with Arm. A Delaware jury found that Arm breached its license agreement with Qualcomm, supporting Qualcomm’s position in a dispute that could have affected the company’s ability to use Arm-based designs. The verdict is a potential legal and strategic win, although further proceedings may still be required. Jury finds Arm breached license agreement with Qualcomm
• Positive Sentiment: A renewed Apple licensing agreement improves revenue visibility. Qualcomm’s continued licensing relationship with Apple helps support its high-margin patent-licensing business, even as Apple works to develop more of its own modem technology. Qualcomm renews Apple license
• Positive Sentiment: Qualcomm expanded its 5G licensing coverage with Transsion through 2031. The extended agreement provides longer-term royalty visibility in emerging smartphone markets. Qualcomm, Transsion Extend 5G Patent License Deal
• Positive Sentiment: The company launched an AI-native Wi-Fi 8 gateway. The product combines next-generation connectivity with edge AI computing, supporting Qualcomm’s strategy to diversify beyond smartphones into home broadband and AI-enabled devices. Qualcomm unveils AI-native Wi-Fi 8 gateway
• Neutral Sentiment: Analysts continue to view Qualcomm as a cash-generative wireless technology company with growth opportunities in automotive, AI and other markets, but investors remain focused on the pace of its transition away from handset dependence. Qualcomm: Navigating the shift from handsets to AI
• Negative Sentiment: Sector-wide chip selling is pressuring QCOM. Qualcomm’s legal win has not prevented broader weakness across semiconductor stocks, with investors reducing exposure to chipmakers. Chip selloff following Qualcomm verdict
• Negative Sentiment: Reports that Samsung could replace Qualcomm’s chip in the Galaxy S27 Ultra if thermal issues persist raise concerns about flagship handset share and Qualcomm’s near-term mobile revenue. Samsung may swap Galaxy S27 Ultra chip
• Negative Sentiment: MediaTek’s reported progress toward an AI data-center chip pact with ByteDance highlights increasing competition in Qualcomm’s effort to build an AI and data-center business. ByteDance and MediaTek AI chip pact

Institutional Investors Weigh In On Qualcomm

Several large investors have recently modified their holdings of QCOM. Baxter Bros Inc. acquired a new stake in Qualcomm during the 2nd quarter worth approximately $17,844,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Qualcomm in the second quarter valued at approximately $28,068,000. Tensor Edge Capital LLC acquired a new position in shares of Qualcomm in the second quarter valued at approximately $147,315,000. Envestnet Portfolio Solutions Inc. raised its stake in shares of Qualcomm by 8.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 48,184 shares of the wireless technology company’s stock worth $8,904,000 after purchasing an additional 3,746 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Qualcomm during the second quarter worth approximately $16,347,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Dbs Bank raised shares of Qualcomm to a “moderate buy” rating in a research report on Tuesday, July 7th. Oppenheimer set a $200.00 price target on shares of Qualcomm in a research note on Monday, July 27th. Barclays reissued an “underweight” rating on shares of Qualcomm in a research report on Wednesday, September 9th. Lake Street Capital downgraded shares of Qualcomm to a “hold” rating in a research note on Thursday, June 25th. Finally, Guggenheim set a $200.00 price objective on Qualcomm in a report on Monday, June 22nd. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $204.10.

About Qualcomm

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company headquartered in San Diego, California, that develops wireless communications technologies, semiconductors and related software. Its products support mobile devices, connected computing, automotive systems, industrial equipment and consumer electronics.

Qualcomm’s semiconductor business operates primarily through its Qualcomm CDMA Technologies segment. Its offerings include Snapdragon platforms and systems-on-chip, cellular modems, radio-frequency components, connectivity products, and processors for smartphones, personal computers, extended-reality devices, vehicles and the Internet of Things.