QUALCOMM (NASDAQ:QCOM) Stock Price Down 1.9% – Here’s Why

QUALCOMM Incorporated (NASDAQ:QCOM) shares were down 1.9% on Thursday . The stock traded as low as $161.03 and last traded at $161.39. Approximately 9,186,097 shares were traded during trading, a decline of 3% from the average daily volume of 9,512,159 shares. The stock had previously closed at $164.54.

Wall Street Analyst Weigh In

QCOM has been the topic of a number of analyst reports. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Wells Fargo & Company boosted their price target on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a report on Thursday, November 6th. Mizuho set a $175.00 price target on QUALCOMM and gave the company a “neutral” rating in a research report on Friday, January 9th. Cantor Fitzgerald reissued a “neutral” rating and set a $185.00 target price on shares of QUALCOMM in a research note on Tuesday, December 16th. Finally, Cowen restated a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Twelve investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, QUALCOMM has an average rating of “Moderate Buy” and an average price target of $190.95.

QUALCOMM Stock Down 1.9%

The company has a market capitalization of $172.85 billion, a P/E ratio of 33.00, a price-to-earnings-growth ratio of 3.62 and a beta of 1.21. The company has a 50-day moving average of $172.57 and a two-hundred day moving average of $165.63. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70.

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 the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, research analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

Insider Transactions at QUALCOMM

In other QUALCOMM news, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at approximately $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 can be accessed through this link. Also, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the sale, the executive vice president directly owned 26,071 shares in the company, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 53,155 shares of company stock worth $9,267,593. Company insiders own 0.08% of the company’s stock.

Institutional Trading of QUALCOMM

Several institutional investors have recently bought and sold shares of QCOM. Harbor Capital Advisors Inc. lifted its stake in shares of QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares in the last quarter. Cloud Capital Management LLC purchased a new position in QUALCOMM in the 3rd quarter worth approximately $27,000. Chung Wu Investment Group LLC bought a new position in QUALCOMM in the 2nd quarter valued at approximately $32,000. Harbor Asset Planning Inc. purchased a new stake in QUALCOMM during the 2nd quarter valued at $32,000. Finally, Winnow Wealth LLC bought a new stake in shares of QUALCOMM in the 2nd quarter worth $32,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

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.