Qualcomm (NASDAQ:QCOM) Stock Price Up 2.1% – Here’s What Happened

Shares of Qualcomm Incorporated (NASDAQ:QCOM) rose 2.1% on Thursday . The company traded as high as $191.91 and last traded at $188.71. 12,059,727 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 15,497,084 shares. The stock had previously closed at $184.84.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s push beyond smartphones into AI data-center infrastructure and hyperscaler applications is gaining investor attention. Successful expansion into these markets could diversify revenue and support long-term growth. QCOM Stock Climbs To 2-Month High As AI Data Center Push Gains Momentum
• Positive Sentiment: Despite its recent rally, Qualcomm is still viewed by some analysts as attractively valued relative to the potential of its AI and automotive businesses. A successful AI bet could cause the valuation discount to narrow. Qualcomm’s Discount Could Vanish If Its AI Bet Pays Off
• Neutral Sentiment: The stock has gained roughly 18% over the past month and about 80% in the referenced longer-term period, prompting investors to weigh taking profits against buying for additional AI-driven upside. Qualcomm Just Rallied 18% in a Month: Take Profits, or Buy More?
• Neutral Sentiment: Another analysis describes Qualcomm as fairly priced after its substantial run, suggesting that further gains may depend on the company delivering stronger growth rather than continued multiple expansion. Qualcomm Stock Looks Fairly Priced On Its 80% Run
• Negative Sentiment: Rising semiconductor costs, weaker handset demand and an unfavorable product mix are pressuring margins. Expected declines in Apple-related revenue add to concerns about Qualcomm’s near-term earnings outlook. Qualcomm Faces Margin Pressure From Rising Costs
• Negative Sentiment: Zacks Research downgraded Qualcomm from “hold” to “strong sell,” reinforcing concerns that the recent rally may have outpaced the company’s fundamental recovery.
• Negative Sentiment: Reported insider selling has created an additional, though limited, overhang for the stock. Qualcomm Stock Price Down 1% After Insider Selling

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on QCOM. Barclays reaffirmed an “underweight” rating on shares of Qualcomm in a report on Wednesday, September 9th. Robert W. Baird set a $400.00 price target on shares of Qualcomm in a research report on Thursday, July 30th. Freedom Capital raised shares of Qualcomm from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. HSBC reiterated a “hold” rating on shares of Qualcomm in a report on Wednesday, July 15th. Finally, The Goldman Sachs Group set a $160.00 target price on Qualcomm in a report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Qualcomm has an average rating of “Hold” and a consensus target price of $204.10.

Qualcomm Stock Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. The firm’s 50-day moving average price is $168.39 and its two-hundred day moving average price is $171.86. The stock has a market cap of $198.34 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 3.91 and a beta of 1.68.

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

Qualcomm Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.9%. Qualcomm’s dividend payout ratio (DPR) is currently 42.59%.

Insider Activity

In related news, CAO Patricia Grech sold 208 shares of the company’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 value of $35,360.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 that occurred 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 transaction, the executive vice president owned 36,535 shares of the company’s stock, valued at $5,372,106.40. The trade was 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. In the last 90 days, insiders have sold 11,533 shares of company stock valued at $1,924,969. 0.05% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Talon Private Wealth LLC boosted its position in shares of Qualcomm by 14.3% during the second quarter. Talon Private Wealth LLC now owns 14,498 shares of the wireless technology company’s stock worth $2,679,000 after buying an additional 1,819 shares during the period. ABS Direct Equity Fund LLC purchased a new position in Qualcomm during the 2nd quarter valued at about $34,000. Bouchey Financial Group Ltd. acquired a new stake in shares of Qualcomm during the second quarter worth about $268,000. Core Capital Management & Research inc. acquired a new position in shares of Qualcomm in the second quarter worth $208,000. Finally, Sequoia Financial Advisors LLC raised its stake in shares of Qualcomm by 9.6% in the second quarter. Sequoia Financial Advisors LLC now owns 153,479 shares of the wireless technology company’s stock valued at $28,361,000 after acquiring an additional 13,452 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Qualcomm Company Profile

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.