QUALCOMM Incorporated (NASDAQ:QCOM) Given Average Rating of “Moderate Buy” by Analysts

Shares of QUALCOMM Incorporated (NASDAQ:QCOMGet Free Report) have received an average recommendation of “Moderate Buy” from the twenty-one analysts that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $192.9444.

Several equities research analysts have recently weighed in on QCOM shares. JPMorgan Chase & Co. increased their price objective on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. TD Cowen upped their price target on shares of QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Susquehanna set a $210.00 price objective on QUALCOMM in a research report on Thursday, November 6th. Piper Sandler boosted their price objective on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $185.00 target price on shares of QUALCOMM in a research note on Tuesday, December 16th.

Check Out Our Latest Stock Report on QUALCOMM

Insider Activity at QUALCOMM

In other news, CAO Patricia Y. Grech sold 203 shares of QUALCOMM stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Akash J. Palkhiwala sold 2,538 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $175.95, for a total transaction of $446,561.10. Following the transaction, the executive vice president owned 42,265 shares in the company, valued at $7,436,526.75. The trade was a 5.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 199,822 shares of company stock worth $33,523,984. Corporate insiders own 0.08% of the company’s stock.

Institutional Trading of QUALCOMM

Large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in QUALCOMM by 0.3% in the second quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock valued at $18,260,635,000 after acquiring an additional 290,799 shares during the period. Kingstone Capital Partners Texas LLC lifted its holdings in shares of QUALCOMM by 656,661.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock worth $9,360,274,000 after purchasing an additional 58,764,593 shares in the last quarter. State Street Corp grew its position in QUALCOMM by 0.8% in the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock valued at $8,547,014,000 after purchasing an additional 420,352 shares during the period. Norges Bank acquired a new stake in QUALCOMM in the 2nd quarter valued at $2,713,603,000. Finally, Amundi increased its stake in QUALCOMM by 9.9% during the 3rd quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after purchasing an additional 1,138,541 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

QUALCOMM Trading Down 0.0%

Shares of QCOM traded down $0.01 during mid-day trading on Wednesday, reaching $174.74. 352,425 shares of the company were exchanged, compared to its average volume of 8,747,306. The business has a 50 day simple moving average of $172.35 and a two-hundred day simple moving average of $163.66. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The stock has a market capitalization of $187.14 billion, a PE ratio of 35.76, a PEG ratio of 3.82 and a beta of 1.22. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $205.95.

QUALCOMM (NASDAQ:QCOMGet Free Report) last announced its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm’s revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, analysts predict that QUALCOMM will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Thursday, December 4th. QUALCOMM’s dividend payout ratio is presently 72.80%.

About QUALCOMM

(Get Free Report)

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.

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Analyst Recommendations for QUALCOMM (NASDAQ:QCOM)

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