Qualcomm Incorporated $QCOM Stock: Robinson Value Management Ltd. Grows Stake

Robinson Value Management Ltd. raised its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 40.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,184 shares of the wireless technology company’s stock after acquiring an additional 9,858 shares during the quarter. Qualcomm makes up 3.5% of Robinson Value Management Ltd.’s portfolio, making the stock its 4th largest holding. Robinson Value Management Ltd.’s holdings in Qualcomm were worth $6,291,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. DUTCH ASSET Corp raised its stake in shares of Qualcomm by 8.8% in the third quarter. DUTCH ASSET Corp now owns 2,467 shares of the wireless technology company’s stock worth $454,000 after buying an additional 199 shares during the period. Bank Pictet & Cie Europe AG lifted its position in shares of Qualcomm by 74.3% during the 3rd quarter. Bank Pictet & Cie Europe AG now owns 4,383 shares of the wireless technology company’s stock valued at $807,000 after buying an additional 1,869 shares in the last quarter. Cypress Capital LLC lifted its position in shares of Qualcomm by 1.5% during the 3rd quarter. Cypress Capital LLC now owns 9,960 shares of the wireless technology company’s stock valued at $1,833,000 after buying an additional 149 shares in the last quarter. Vision Capital Management Inc. grew its stake in shares of Qualcomm by 1.3% during the 3rd quarter. Vision Capital Management Inc. now owns 46,024 shares of the wireless technology company’s stock valued at $8,470,000 after acquiring an additional 591 shares during the period. Finally, Eagle Wealth Advisors LLC grew its stake in shares of Qualcomm by 4.3% during the 3rd quarter. Eagle Wealth Advisors LLC now owns 3,080 shares of the wireless technology company’s stock valued at $567,000 after acquiring an additional 126 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the company’s 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 directly owned 36,535 shares in the company, valued at $5,372,106.40. This represents a 8.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $200.00, for a total transaction of $2,000,000.00. Following the sale, the chief executive officer directly owned 177,568 shares of the company’s stock, valued at approximately $35,513,600. This trade represents a 5.33% 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. Insiders have sold 33,458 shares of company stock worth $6,198,144 in the last three months. Corporate insiders own 0.05% of the company’s stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: TD Cowen raised its price target to $200 from $175 and upgraded Qualcomm to “Buy,” implying meaningful upside from recent trading levels and signaling greater confidence in the company’s valuation and outlook.
• Positive Sentiment: Qualcomm’s planned acquisition of PickNik Robotics could strengthen its physical-AI strategy. The deal may expand the Dragonwing platform, improve Qualcomm’s position in industrial robotics and create longer-term growth opportunities beyond smartphones. Can Qualcomm’s PickNik Acquisition Strengthen Its Robotics Edge?
• Positive Sentiment: Reported global job cuts may improve efficiency and margins as CEO Cristiano Amon emphasizes performance and operating discipline. Investors may view the restructuring as a way to control expenses and redirect resources toward higher-growth businesses. Qualcomm to Cut Jobs Worldwide in Performance-Focused Layoffs
• Neutral Sentiment: Qualcomm recently closed at $176.31 and outperformed the broader market during the session, reflecting favorable near-term sentiment, although this move was not tied to a new earnings release.
• Neutral Sentiment: Qualcomm rejected reports concerning Snapdragon overheating tied to the Galaxy S27 Ultra. The response may limit reputational and customer-retention concerns, but the issue could remain a product-risk overhang if additional evidence emerges. Qualcomm Pushes Back on Snapdragon Overheating Reports
• Negative Sentiment: Global layoffs also highlight pressure to improve performance. Potential disruption, severance expenses and uncertainty about the scale and timing of the cuts could weigh on employee morale and execution. Qualcomm Reportedly to Cut Jobs Globally Following Performance Reviews
• Negative Sentiment: Recent ETF selling and sustained insider selling add technical and sentiment risks. Qualcomm insiders reportedly recorded open-market sales without purchases over the past six months, while ETFs were net sellers on October 15.

Qualcomm Price Performance

NASDAQ:QCOM opened at $175.71 on Wednesday. The business’s 50-day simple moving average is $175.51 and its two-hundred day simple moving average is $180.35. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $259.92. The stock has a market cap of $187.63 billion, a PE ratio of 20.34, a P/E/G ratio of 3.91 and a beta of 1.65. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data 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 business had revenue of $9.95 billion during the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%. The business’s revenue was down 4.0% on a year-over-year basis. During the same period last year, the company earned $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, analysts forecast that Qualcomm Incorporated will post 7.74 EPS for the current fiscal year.

Analysts Set New Price Targets

QCOM has been the subject of several analyst reports. Citigroup reduced their target price on shares of Qualcomm from $198.00 to $175.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Qualcomm in a report on Wednesday, September 9th. Raymond James Financial assumed coverage on shares of Qualcomm in a report on Thursday, June 25th. They set a “strong-buy” rating on the stock. Susquehanna dropped their price target on shares of Qualcomm from $190.00 to $160.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Finally, UBS Group reduced their price objective on shares of Qualcomm from $190.00 to $170.00 and set a “neutral” rating for the company in a research note on Thursday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Qualcomm has a consensus rating of “Hold” and an average target price of $204.97.

About Qualcomm

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.