QUALCOMM (NASDAQ:QCOM) Shares Up 1.4% – Here’s Why

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

Analyst Upgrades and Downgrades

QCOM has been the topic of a number of research reports. Bank of America lowered QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 target price on the stock. in a research report on Thursday, February 5th. Daiwa Securities Group lowered shares of QUALCOMM from an “outperform” rating to a “neutral” rating and set a $140.00 price target for the company. in a research note on Wednesday, February 11th. Weiss Ratings restated a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. UBS Group reiterated a “neutral” rating on shares of QUALCOMM in a report on Monday, February 2nd. Finally, Cantor Fitzgerald lowered their target price on shares of QUALCOMM from $185.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $164.67.

QUALCOMM Stock Performance

The company’s 50 day simple moving average is $163.17 and its 200 day simple moving average is $164.25. 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 has a market cap of $152.19 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 6.97 and a beta of 1.22.

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

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.5%. QUALCOMM’s dividend payout ratio is presently 73.55%.

Insider Buying and Selling at QUALCOMM

In related news, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction that occurred 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. The trade was a 16.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 46,217 shares of company stock valued at $7,901,275 in the last three months. 0.05% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On QUALCOMM

Several institutional investors have recently added to or reduced their stakes in QCOM. Brighton Jones LLC raised its stake in shares of QUALCOMM by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after purchasing an additional 9,343 shares during the period. Revolve Wealth Partners LLC increased its position in shares of QUALCOMM by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after buying an additional 340 shares during the period. Sivia Capital Partners LLC increased its position in shares of QUALCOMM by 44.3% during the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after buying an additional 1,020 shares during the period. Chicago Partners Investment Group LLC lifted its holdings in shares of QUALCOMM by 3.2% in the second quarter. Chicago Partners Investment Group LLC now owns 13,959 shares of the wireless technology company’s stock worth $2,232,000 after buying an additional 431 shares in the last quarter. Finally, Swan Global Investments LLC purchased a new position in QUALCOMM during the second quarter valued at approximately $230,000. 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.