Rosenblatt Securities Cuts QUALCOMM (NASDAQ:QCOM) Price Target to $190.00

QUALCOMM (NASDAQ:QCOM) had its target price lowered by Rosenblatt Securities from $225.00 to $190.00 in a research note issued to investors on Thursday morning,Benzinga reports. Rosenblatt Securities currently has a buy rating on the wireless technology company’s stock.

A number of other equities research analysts have also recently weighed in on the company. Mizuho reduced their price objective on QUALCOMM from $175.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, January 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Sanford C. Bernstein restated an “outperform” rating and issued a $200.00 price objective on shares of QUALCOMM in a research note on Monday, February 2nd. Finally, Susquehanna set a $210.00 target price on shares of QUALCOMM in a research note on Thursday, November 6th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, QUALCOMM presently has a consensus rating of “Hold” and a consensus target price of $167.68.

QUALCOMM Stock Performance

NASDAQ QCOM opened at $137.34 on Thursday. The company has a fifty day moving average of $167.14 and a two-hundred day moving average of $164.96. The company has a market capitalization of $146.54 billion, a PE ratio of 28.38, a P/E/G ratio of 3.08 and a beta of 1.22. QUALCOMM has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 2.10.

QUALCOMM (NASDAQ:QCOM) last posted 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 business had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. QUALCOMM had a return on equity of 44.09% and a net margin of 11.96%.The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.41 earnings per share. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, analysts expect that QUALCOMM will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s dividend payout ratio is currently 73.55%.

Insider Activity

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 35,599 shares of the company’s stock, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of the company’s 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 transaction, the executive vice president directly owned 26,071 shares in the company, valued at $4,640,898.71. This represents a 37.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 43,017 shares of company stock worth $7,462,875 in the last three months. 0.05% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On QUALCOMM

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

More QUALCOMM News

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

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.