Qualcomm (NASDAQ:QCOM) Trading 1.8% Higher – Here’s Why

Shares of Qualcomm Incorporated (NASDAQ:QCOM) were up 1.8% during trading on Monday . The stock traded as high as $138.58 and last traded at $138.11. Approximately 12,288,600 shares were traded during trading, an increase of 18% from the average daily volume of 10,445,141 shares. The stock had previously closed at $135.69.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on QCOM. Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a research report on Monday, December 29th. Mizuho cut their price target on shares of Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Daiwa Securities Group cut Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price objective for the company. in a research note on Wednesday, February 11th. Evercore lowered their target price on Qualcomm from $157.00 to $134.00 and set an “in-line” rating for the company in a research note on Thursday, February 5th. Finally, Wall Street Zen lowered shares of Qualcomm from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $168.48.

Qualcomm Stock Performance

The company’s fifty day simple moving average is $153.41 and its two-hundred day simple moving average is $163.22. The company has a market capitalization of $147.36 billion, a price-to-earnings ratio of 28.54, a price-to-earnings-growth ratio of 6.78 and a beta of 1.25. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating the consensus estimate 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 net margin of 11.96% and a return on equity of 44.09%. Qualcomm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the firm posted $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities research analysts predict that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

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

Insider Buying and Selling

In related news, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the transaction, the executive vice president owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. The trade was a 23.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the sale, the executive vice president directly owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 45,501 shares of company stock worth $7,784,198 over the last ninety days. Company insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Qualcomm

Large investors have recently added to or reduced their stakes in the company. Westerkirk Capital Inc. acquired a new stake in Qualcomm during the 2nd quarter worth $4,539,000. MASTERINVEST Kapitalanlage GmbH acquired a new stake in Qualcomm during the 2nd quarter valued at $3,896,000. Inscription Capital LLC lifted its position in Qualcomm by 58.1% during the third 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 last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Qualcomm by 1.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company’s stock valued at $167,082,000 after purchasing an additional 16,738 shares during the period. Finally, Simplify Asset Management Inc. acquired a new stake in Qualcomm during the third quarter worth about $725,000. Institutional investors own 74.35% of the company’s stock.

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.