QUALCOMM (NASDAQ:QCOM) EVP Akash Palkhiwala Sells 3,333 Shares

QUALCOMM Incorporated (NASDAQ:QCOM) EVP Akash Palkhiwala sold 3,333 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the sale, the executive vice president directly owned 35,599 shares in the company, valued at $4,900,202.35. The trade was a 8.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

QUALCOMM Trading Up 0.8%

QCOM stock traded up $1.04 during midday trading on Friday, hitting $137.34. 15,019,391 shares of the company’s stock were exchanged, compared to its average volume of 10,618,902. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.10 and a current ratio of 2.51. The company has a market cap of $146.54 billion, a PE ratio of 28.38, a price-to-earnings-growth ratio of 3.05 and a beta of 1.22. The stock’s fifty day moving average price is $167.75 and its 200-day moving average price is $165.06.

QUALCOMM (NASDAQ:QCOM) last released its quarterly 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. QUALCOMM had a return on equity of 44.09% and a net margin of 11.96%.The company had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same quarter last year, the firm posted $3.41 earnings per share. QUALCOMM’s revenue was up 4.7% compared to the same quarter last year. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Research analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.6%. QUALCOMM’s payout ratio is presently 72.80%.

Institutional Trading of QUALCOMM

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Guinness Asset Management LTD lifted its position in QUALCOMM by 11.6% during the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after acquiring an additional 5,779 shares during the period. CORDA Investment Management LLC. increased its stake in shares of QUALCOMM by 18.6% during the second quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after purchasing an additional 3,524 shares in the last quarter. Westerkirk Capital Inc. purchased a new position in shares of QUALCOMM during the second quarter valued at approximately $4,539,000. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of QUALCOMM in the 2nd quarter worth approximately $3,896,000. Finally, Inscription Capital LLC grew its stake in shares of QUALCOMM by 58.1% in the 3rd quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock worth $2,172,000 after buying an additional 4,799 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Trending Headlines about QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Q1 beat — Qualcomm reported adjusted EPS of $3.50 and strong revenue in automotive/handsets, beating consensus and showing demand in non‑handset end markets. Qualcomm Surpasses Q1 Earnings
• Positive Sentiment: Analysts still see upside — Several firms cut price targets but kept positive stances (Argus lowered PT to $180, JPMorgan to $185, Rosenblatt reiterated buy), leaving multi‑dozen percent upside from current levels according to those shops; this supports short‑covering/relief buying. Analyst Price Target Changes
• Neutral Sentiment: Market view is mixed/hold consensus — Broker consensus sits around “Hold” as firms reassess forward visibility; that keeps headline analyst guidance fragmented and can sustain volatility until memory supply clarity arrives. Consensus Rating of Hold
• Neutral Sentiment: Technicals/positioning matter — Coverage notes Qualcomm has moved back to 2020 price levels and is extremely oversold; that can produce sharp, short‑term bounces even if fundamentals remain challenged. Qualcomm Is Back at 2020 Levels
• Negative Sentiment: Weak Q2 guidance driven by memory shortage — Management warned memory constraints will limit handset shipments and revenue in the near term; that outlook triggered the large post‑earnings drop and remains the main fundamental headwind. Memory Shortage Report
• Negative Sentiment: Analyst cuts and downgrades — Some firms (Evercore cut PT to $134, Bank of America moved to neutral) reduced forecasts after the cautious outlook, increasing near‑term downside risk if memory issues persist. Analyst Forecast Cuts
• Negative Sentiment: Volatility risk remains high — The combination of supply uncertainty, heavy post‑earnings selling, and mixed analyst views means QCOM can swing sharply; expect elevated intraday moves and headline sensitivity until memory supply trends or handset orders normalize. CNBC Coverage of Selloff

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of QUALCOMM from $195.00 to $185.00 and set an “overweight” rating on the stock in a research report on Thursday. UBS Group reissued a “neutral” rating on shares of QUALCOMM in a research note on Monday. Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Wells Fargo & Company dropped their target price on QUALCOMM from $165.00 to $135.00 and set an “underweight” rating on the stock in a research report on Thursday. Finally, TD Cowen cut their target price on QUALCOMM from $190.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday. Ten investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $167.68.

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.