Meeder Asset Management Inc. Purchases 97,929 Shares of QUALCOMM Incorporated $QCOM

Meeder Asset Management Inc. lifted its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 547.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 115,826 shares of the wireless technology company’s stock after buying an additional 97,929 shares during the period. QUALCOMM accounts for 1.1% of Meeder Asset Management Inc.’s portfolio, making the stock its 24th biggest position. Meeder Asset Management Inc.’s holdings in QUALCOMM were worth $19,269,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of QUALCOMM by 116.6% in 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 in the last quarter. Revolve Wealth Partners LLC increased its holdings in 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. Fiduciary Financial Group LLC bought a new position in QUALCOMM in the second quarter worth approximately $227,000. RDA Financial Network raised its stake in QUALCOMM by 10.7% in the second quarter. RDA Financial Network now owns 10,681 shares of the wireless technology company’s stock worth $1,701,000 after buying an additional 1,030 shares in the last quarter. Finally, Peterson Wealth Advisors LLC purchased a new stake in QUALCOMM during the second quarter worth $252,000. 74.35% of the stock is currently owned by institutional investors.

QUALCOMM Trading Down 2.2%

NASDAQ QCOM opened at $177.78 on Monday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The company has a fifty day simple moving average of $173.25 and a two-hundred day simple moving average of $165.51. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. The stock has a market cap of $190.40 billion, a P/E ratio of 36.36, a P/E/G ratio of 3.89 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last issued its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the business posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. TD Cowen boosted their target price on shares of QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Mizuho set a $175.00 price objective on shares of QUALCOMM and gave the stock a “neutral” rating in a research report on Friday. Citigroup lifted their price target on shares of QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. Twelve analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $191.56.

Key Headlines Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Analysts are rethinking Qualcomm’s investment story after new AI and Android-related announcements at CES, highlighting stronger on-device AI positioning and a broader competitive footprint that could lift long‑term growth expectations. Read More.
• Positive Sentiment: QCOM expanded automotive wins: a Hyundai Mobis partnership to co-develop software-defined vehicles and ADAS using Snapdragon Ride Flex — this could accelerate recurring software/processor revenue from autos. Read More.
• Positive Sentiment: Qualcomm struck a long‑term supply deal to provide infotainment tech for Volkswagen’s new software platform, reinforcing automotive content gains and multi-year revenue visibility. Read More.
• Positive Sentiment: JPMorgan and other CES takeaways show Qualcomm’s Snapdragon platforms are moving deeper into PCs and high‑end laptops, expanding TAM beyond phones and supporting the company’s diversification narrative. Read More.
• Positive Sentiment: Qualcomm showcased robot and AI compute use cases at CES (and in an investor video explaining humanoid-robot deployments), signaling on-device AI traction that supports higher-margin, software-enabled opportunities. Read More. • Read More.
• Neutral Sentiment: Technicals: MarketBeat notes Qualcomm is pressing a key resistance (~$183) after a tightening wedge; a decisive breakout could be bullish, but failure would keep the stock range‑bound — important near-term chart risk/reward ahead of earnings. Read More.
• Neutral Sentiment: Earnings preview: Analysts expect a modest, single‑digit EPS decline for the coming quarter, making the upcoming report a key catalyst — upside beats could drive a sharp move, misses could amplify downside. Read More.
• Neutral Sentiment: Increased investor attention noted by Zacks — higher search/flow can magnify moves in either direction as earnings approach. Read More.
• Negative Sentiment: Mizuho downgraded Qualcomm citing growing handset headwinds — persistent weakness in smartphone volumes/pricing could pressure near‑term earnings and margins, countering diversification gains. Read More.

Insider Buying and Selling at QUALCOMM

In other news, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total value of $2,833,385.17. Following the sale, the executive vice president directly owned 26,071 shares of the company’s stock, valued at $4,640,898.71. This represents a 37.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $173.30, for a total transaction of $577,608.90. Following the completion of the sale, the executive vice president owned 38,932 shares in the company, valued at $6,746,915.60. The trade was a 7.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 53,155 shares of company stock worth $9,267,593. Corporate insiders own 0.08% of the company’s stock.

QUALCOMM 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.