QUALCOMM (NASDAQ:QCOM) Stock Price Up 1.4% – What’s Next?

QUALCOMM Incorporated (NASDAQ:QCOM) shot up 1.4% during mid-day trading on Tuesday . The stock traded as high as $143.50 and last traded at $142.63. 10,664,002 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 10,918,970 shares. The stock had previously closed at $140.70.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on QCOM shares. Royal Bank Of Canada decreased their price target on shares of QUALCOMM from $180.00 to $150.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th. Cantor Fitzgerald decreased their target price on QUALCOMM from $185.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Bank of America downgraded QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 price target for the company. in a research report on Thursday, February 5th. Zacks Research lowered QUALCOMM from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. Finally, TD Cowen lowered their target price on shares of QUALCOMM from $190.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $164.67.

QUALCOMM Stock Up 1.4%

The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. The stock’s 50 day moving average price is $163.17 and its 200-day moving average price is $164.25. The company has a market cap of $152.19 billion, a PE ratio of 14.07, a PEG ratio of 6.97 and a beta of 1.22.

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

QUALCOMM Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s payout ratio is 73.55%.

Insider Activity at QUALCOMM

In related news, EVP Ann C. Chaplin sold 7,180 shares of QUALCOMM stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value 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. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 46,217 shares of company stock worth $7,901,275 over the last three months. Corporate insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On QUALCOMM

Large investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. increased its position in QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 65 shares during the period. Cloud Capital Management LLC bought a new stake in shares of QUALCOMM during the 3rd quarter valued at about $27,000. Richardson Financial Services Inc. increased its position in shares of QUALCOMM by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 80 shares during the period. Torren Management LLC bought a new position in QUALCOMM in the fourth quarter worth about $29,000. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in QUALCOMM by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after buying an additional 170 shares during the period. 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.