Qualcomm (NASDAQ:QCOM) Trading Up 4.2% – Here’s Why

Qualcomm Incorporated (NASDAQ:QCOM) shares traded up 4.2% on Tuesday . The stock traded as high as $190.06 and last traded at $187.80. Approximately 13,630,840 shares changed hands during trading, a decline of 12% from the average session volume of 15,567,331 shares. The stock had previously closed at $180.15.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: AWS collaboration strengthens the growth narrative. Qualcomm’s multigenerational partnership with Amazon involves customized AI data-center silicon, optical connectivity and expanded use of AWS infrastructure. The agreement could provide substantial hyperscale exposure and includes Amazon warrants for up to $4 billion of Qualcomm stock. Why Qualcomm Is Up After New Amazon AI Chip Deal
• Positive Sentiment: Analyst support added momentum. StoneX reiterated a Buy rating and a $270 price target, citing Qualcomm’s data-center ambitions and growing relationships with hyperscale customers as the company diversifies beyond smartphones. Qualcomm Stock Rises as AWS Deal Boosts Outlook
• Positive Sentiment: Broader AI infrastructure opportunities are emerging. A partnership with Cornelis Networks extends Qualcomm’s push into AI networking and programmable compute, while automotive and data-center businesses are increasingly viewed as important long-term growth drivers. Qualcomm’s Datacenter Pivot Is Real
• Neutral Sentiment: Dividend payment offers shareholder support. Qualcomm’s quarterly dividend is scheduled for September 24, 2026, for investors who were shareholders of record on September 3. Qualcomm Dividend Payment
• Negative Sentiment: Execution and valuation remain risks. Commentators note that Wall Street may already be pricing in much of Qualcomm’s data-center opportunity before meaningful revenue is proven. The company also faces uneven handset demand, the Apple modem transition, elevated oil prices and broader economic uncertainty. AI Fallen Angels Wall Street Marked Down

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Oppenheimer set a $200.00 price objective on shares of Qualcomm in a research report on Monday, July 27th. Raymond James Financial initiated coverage on shares of Qualcomm in a research note on Thursday, June 25th. They set a “strong-buy” rating for the company. Mizuho increased their target price on shares of Qualcomm from $170.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Barclays reissued an “underweight” rating on shares of Qualcomm in a research note on Wednesday, September 9th. Finally, Melius Research set a $220.00 price target on Qualcomm in a report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-two have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $204.10.

Qualcomm Price Performance

The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The firm’s 50-day moving average is $168.32 and its 200-day moving average is $171.29. The company has a market cap of $197.23 billion, a PE ratio of 21.74, a PEG ratio of 3.79 and a beta of 1.68.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The firm had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The firm’s revenue was down 4.0% on a year-over-year basis. During the same quarter last year, the company posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities analysts anticipate that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a yield of 2.0%. Qualcomm’s payout ratio is presently 42.59%.

Insider Buying and Selling

In related news, CAO Patricia Grech sold 208 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $170.00, for a total transaction of $35,360.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather Ace sold 3,200 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the sale, the executive vice president directly owned 36,535 shares in the company, valued at approximately $5,372,106.40. This represents a 8.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 11,533 shares of company stock worth $1,924,969 in the last 90 days. Insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Qualcomm

Large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in Qualcomm during the 2nd quarter valued at $17,583,115,000. Norges Bank bought a new position in shares of Qualcomm in the fourth quarter worth about $2,591,056,000. Bank of New York Mellon Corp purchased a new position in Qualcomm during the second quarter valued at approximately $1,523,930,000. Deutsche Bank AG bought a new position in Qualcomm in the 2nd quarter worth $1,178,349,000. Finally, Amundi boosted its stake in shares of Qualcomm by 94.1% in the second quarter. Amundi now owns 10,195,741 shares of the wireless technology company’s stock worth $1,884,071,000 after acquiring an additional 4,942,908 shares during the period. 74.35% of the stock is currently owned by institutional investors.

About Qualcomm

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.