Qualcomm Incorporated (NASDAQ:QCOM) Receives $180.37 Consensus Target Price from Analysts

Shares of Qualcomm Incorporated (NASDAQ:QCOM) have been assigned a consensus recommendation of “Hold” from the thirty-four analysts that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, sixteen have assigned a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $181.7857.

QCOM has been the topic of a number of research reports. Summit Insights raised shares of Qualcomm from a “hold” rating to a “buy” rating in a research note on Thursday, April 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a report on Friday, March 27th. TD Cowen raised their target price on Qualcomm from $150.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Benchmark boosted their price target on Qualcomm from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, Piper Sandler reissued an “overweight” rating and issued a $200.00 price objective on shares of Qualcomm in a research note on Thursday, February 5th.

Insider Buying and Selling at Qualcomm

In related news, CAO Patricia Y. Grech sold 192 shares of Qualcomm stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $172.00, for a total transaction of $33,024.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the sale, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at $35,562,240. This trade represents a 4.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 18,477 shares of company stock valued at $3,268,316. Insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Qualcomm

Hedge funds and other institutional investors have recently bought and sold shares of the company. Your Advocates Ltd. LLP acquired a new stake in shares of Qualcomm during the 1st quarter worth approximately $26,000. Cloud Capital Management LLC purchased a new stake in Qualcomm in the third quarter valued at $27,000. Richardson Financial Services Inc. grew its holdings in shares of Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 80 shares during the period. Torren Management LLC purchased a new stake in Qualcomm in the 4th quarter valued at about $29,000. Finally, Caitong International Asset Management Co. Ltd lifted its position in Qualcomm by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 170 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Qualcomm Trading Up 3.5%

Shares of Qualcomm stock opened at $202.51 on Friday. Qualcomm has a fifty-two week low of $121.99 and a fifty-two week high of $247.90. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The company has a market cap of $213.45 billion, a P/E ratio of 22.01, a price-to-earnings-growth ratio of 24.23 and a beta of 1.49. The firm has a 50-day simple moving average of $151.18 and a two-hundred day simple moving average of $158.10.

Qualcomm (NASDAQ:QCOM) last announced its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business’s revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts predict that Qualcomm will post 7.99 earnings per share for the current fiscal year.

Qualcomm Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.8%. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm’s dividend payout ratio (DPR) is currently 38.70%.

Qualcomm declared that its board has authorized a stock buyback program on Tuesday, March 17th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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.