QUALCOMM (NASDAQ:QCOM) Stock Price Expected to Rise, UBS Group Analyst Says

QUALCOMM (NASDAQ:QCOM) had its price objective increased by equities research analysts at UBS Group from $175.00 to $185.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the wireless technology company’s stock. UBS Group’s price objective points to a potential upside of 5.92% from the stock’s current price.

Other equities analysts have also issued reports about the company. Piper Sandler increased their price objective on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday. Arete upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target on the stock in a research report on Tuesday, August 26th. Rosenblatt Securities restated a “buy” rating and set a $225.00 price objective on shares of QUALCOMM in a report on Thursday. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Finally, Cowen reissued a “buy” rating on shares of QUALCOMM in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $191.00.

QUALCOMM Price Performance

QCOM stock traded down $5.06 on Thursday, reaching $174.66. 9,372,104 shares of the company’s stock were exchanged, compared to its average volume of 8,713,032. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The firm has a market cap of $188.46 billion, a PE ratio of 16.82, a P/E/G ratio of 2.59 and a beta of 1.26. QUALCOMM has a twelve month low of $120.80 and a twelve month high of $205.95. The stock has a fifty day moving average of $167.01 and a 200-day moving average of $157.54.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.13. The firm had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, equities analysts predict that QUALCOMM will post 9.39 EPS for the current fiscal year.

Insider Activity at QUALCOMM

In related news, CAO Neil Martin sold 791 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the sale, the chief accounting officer owned 1,106 shares of the company’s stock, valued at $171,230.92. The trade was a 41.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer owned 149,304 shares in the company, valued at $24,718,770.24. The trade was a 50.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 163,169 shares of company stock valued at $26,978,998. Company insiders own 0.08% of the company’s stock.

Institutional Investors Weigh In On QUALCOMM

Hedge funds have recently made changes to their positions in the company. Cibc World Market Inc. lifted its position in QUALCOMM by 84.0% during the third quarter. Cibc World Market Inc. now owns 1,049,667 shares of the wireless technology company’s stock valued at $174,623,000 after purchasing an additional 479,090 shares during the last quarter. Caprock Group LLC bought a new stake in QUALCOMM in the third quarter worth about $6,272,000. ING Groep NV grew its holdings in shares of QUALCOMM by 13.2% in the third quarter. ING Groep NV now owns 564,785 shares of the wireless technology company’s stock worth $93,958,000 after purchasing an additional 65,849 shares during the last quarter. Rhumbline Advisers raised its stake in shares of QUALCOMM by 0.9% during the third quarter. Rhumbline Advisers now owns 2,046,626 shares of the wireless technology company’s stock valued at $340,477,000 after acquiring an additional 18,317 shares in the last quarter. Finally, Krilogy Financial LLC increased its stake in shares of QUALCOMM by 8.7% during the third quarter. Krilogy Financial LLC now owns 20,911 shares of the wireless technology company’s stock valued at $3,758,000 after buying an additional 1,681 shares during the period. 74.35% of the stock is currently owned by institutional investors.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.