Key Points
- QUALCOMM EVP Akash Palkhiwala sold 3,333 shares on Jan. 2 at an average price of $173.30 for about $577,608.90, trimming his stake by 7.89% to 38,932 shares (≈$6.75M).
- Strong quarterly results and positive analyst view: Qualcomm reported $3.00 EPS (beat) and $11.27B revenue (+10% YoY), set Q1 FY2026 EPS guidance of 3.300–3.500, and carries a MarketBeat consensus rating of "Moderate Buy" with a $192.94 price target.
QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) EVP Akash Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $173.30, for a total value of $577,608.90. Following the transaction, the executive vice president owned 38,932 shares in the company, valued at approximately $6,746,915.60. This represents a 7.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
QUALCOMM Trading Up 1.9%
Shares of QCOM opened at $176.31 on Tuesday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The firm has a market capitalization of $188.83 billion, a P/E ratio of 36.06, a P/E/G ratio of 3.79 and a beta of 1.21. The firm has a 50-day moving average price of $173.16 and a 200 day moving average price of $164.76. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70.
QUALCOMM (NASDAQ:QCOM - Get Free Report) last issued 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 net margin of 12.51% and a return on equity of 43.22%. The company had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. During the same period in the previous year, the firm earned $2.69 earnings per share. QUALCOMM's quarterly revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.
Hedge Funds Weigh In On QUALCOMM
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in QUALCOMM by 0.3% during the second quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company's stock worth $18,260,635,000 after purchasing an additional 290,799 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its holdings in 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 valued at $9,360,274,000 after purchasing an additional 58,764,593 shares in the last quarter. State Street Corp increased its position in QUALCOMM by 0.8% during the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company's stock worth $8,547,014,000 after purchasing an additional 420,352 shares during the period. Norges Bank purchased a new position in shares of QUALCOMM during the 2nd quarter worth approximately $2,713,603,000. Finally, Amundi lifted its holdings in shares of QUALCOMM by 9.9% in the 3rd quarter. Amundi now owns 12,671,635 shares of the wireless technology company's stock valued at $2,136,486,000 after buying an additional 1,138,541 shares during the period. Hedge funds and other institutional investors own 74.35% of the company's stock.
Analysts Set New Price Targets
A number of equities research analysts have commented on QCOM shares. Weiss Ratings restated a "hold (c)" rating on shares of QUALCOMM in a research report on Monday, December 29th. Bank of America boosted their price objective on shares of QUALCOMM from $200.00 to $215.00 and gave the company a "buy" rating in a report on Thursday, November 6th. TD Cowen upped their target price 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. Citigroup increased their target price on shares of QUALCOMM from $170.00 to $175.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 28th. Finally, Susquehanna set a $210.00 price target on shares of QUALCOMM in a research note on Thursday, November 6th. Thirteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, QUALCOMM has a consensus rating of "Moderate Buy" and a consensus price target of $192.94.
View Our Latest Analysis on QUALCOMM
QUALCOMM Company Profile
(
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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