Key Points
- Patricia Grech, QUALCOMM's CAO, sold 203 shares on Nov. 7 at an average price of $172.87 for a total of $35,092.61, according to an SEC filing.
- Qualcomm beat expectations for the quarter, reporting $3.00 EPS vs. $2.87 expected and $11.27 billion in revenue (up 10% year-over-year), and set Q1 2026 guidance of $3.30–$3.50 EPS.
- The company declared a quarterly dividend of $0.89 (annualized $3.56) with an ex-dividend date of Dec. 4 (approximate 2.1% yield), while analysts’ consensus price target is about $190.38 and the average rating is "Moderate Buy".
QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) CAO Patricia Grech sold 203 shares of the business's stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $35,092.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
QUALCOMM Stock Up 0.4%
QCOM stock opened at $171.57 on Tuesday. The business has a 50 day moving average of $167.68 and a 200 day moving average of $158.32. The firm has a market cap of $183.75 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54.
QUALCOMM (NASDAQ:QCOM - Get Free Report) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, topping analysts' consensus estimates of $2.87 by $0.13. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $11.27 billion for the quarter, compared to analysts' expectations of $10.74 billion. During the same period in the prior year, the firm posted $2.69 earnings per share. The company's quarterly revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.
QUALCOMM Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, December 4th. QUALCOMM's dividend payout ratio (DPR) is currently 72.80%.
Analysts Set New Price Targets
Several brokerages have recently issued reports on QCOM. Susquehanna set a $210.00 target price on shares of QUALCOMM in a research note on Thursday. Weiss Ratings lowered shares of QUALCOMM from a "buy (b-)" rating to a "hold (c)" rating in a report on Friday. Bank of America increased their target price on QUALCOMM from $200.00 to $215.00 and gave the company a "buy" rating in a research note on Thursday, November 6th. Rosenblatt Securities reissued a "buy" rating and issued a $225.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. Finally, Wall Street Zen downgraded QUALCOMM from a "buy" rating to a "hold" rating in a report on Sunday, August 3rd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, QUALCOMM currently has an average rating of "Moderate Buy" and a consensus price target of $190.38.
Check Out Our Latest Report on QCOM
Institutional Trading of QUALCOMM
Several large investors have recently modified their holdings of QCOM. Kingstone Capital Partners Texas LLC raised its stake in shares of QUALCOMM by 656,661.0% in the second 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 buying an additional 58,764,593 shares during the period. Norges Bank bought a new stake in QUALCOMM during the 2nd quarter worth approximately $2,713,603,000. Nuveen LLC bought a new stake in QUALCOMM during the 1st quarter worth approximately $529,713,000. Amundi lifted its holdings in QUALCOMM by 38.2% during the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company's stock valued at $1,866,451,000 after purchasing an additional 3,186,524 shares in the last quarter. Finally, Viking Global Investors LP boosted its position in shares of QUALCOMM by 120.1% in the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company's stock worth $502,125,000 after purchasing an additional 1,720,529 shares during the period. Institutional investors own 74.35% of the company's stock.
QUALCOMM Company Profile
(
Get Free Report)
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.
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