Key Points
- CEO Cristiano Amon sold 10,000 shares at an average price of $180 (~$1.8M) under a pre-arranged Rule 10b5-1 plan, reducing his holding to 207,568 shares (a 4.6% decrease).
- Qualcomm beat Q1 EPS estimates with $2.65 versus $2.56 and reported $10.60B in revenue, though revenue was down 3.5% year-over-year; management set Q3 2026 EPS guidance of $2.10–$2.30.
- The board approved a $20 billion share repurchase (up to ~14.5% of shares) and raised the quarterly dividend to $0.92 (annualized $3.68, ~2.2% yield).
Qualcomm Incorporated (NASDAQ:QCOM - Get Free Report) EVP Heather Ace sold 3,200 shares of the company's stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the transaction, the executive vice president owned 39,735 shares of the company's stock, valued at approximately $7,065,677.70. This represents a 7.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualcomm Stock Down 4.9%
Shares of Qualcomm stock opened at $168.38 on Tuesday. The business has a 50-day moving average of $135.69 and a 200-day moving average of $155.24. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The company has a market capitalization of $177.47 billion, a PE ratio of 18.30, a P/E/G ratio of 21.42 and a beta of 1.49. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $205.95.
Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating analysts' consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.Qualcomm's revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts forecast that Qualcomm Incorporated will post 8.18 EPS for the current fiscal year.
Qualcomm Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a $0.92 dividend. This is an increase from Qualcomm's previous quarterly dividend of $0.89. This represents a $3.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm's dividend payout ratio (DPR) is currently 38.70%.
Qualcomm declared that its Board of Directors has approved a share repurchase plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the wireless technology company to reacquire up to 14.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its stock is undervalued.
More Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Company is shipping custom AI silicon to a major hyperscaler and reported record automotive revenue, signaling growth beyond smartphones (data-center and automotive platforms could lift long-term revenue mix). Qualcomm’s AI Chips And Automotive Growth Reshape Its Investment Story
- Neutral Sentiment: Cantor Fitzgerald raised its price target to $150 (kept a Neutral rating), a modest upbeat signal but not a conviction upgrade; this may temper downside but is not strongly bullish. Cantor Fitzgerald Raises PT on QUALCOMM (QCOM) Stock
- Neutral Sentiment: Intel hired another ex‑Qualcomm executive to lead its PC/physical AI business — a reminder Qualcomm-built talent is being recruited by peers; not a direct hit to revenues but notable for competitive dynamics and talent flow. Intel appoints Qualcomm executive to lead PC and physical AI business
- Negative Sentiment: Insider selling by top executives: CEO Cristiano Amon sold 10,000 shares (~$1.8M) and EVP Heather Ace sold 3,200 shares under 10b5‑1 plans; high-profile sales can amplify short‑term selling pressure even if pre‑arranged. Amon SEC filing Ace SEC filing
- Negative Sentiment: Bearish commentary highlights persistent handset weakness and declining handset-driven revenue/profits despite AI optimism — a reminder near‑term results remain sensitive to phone cycles. Bear of the Day: Qualcomm (QCOM)
Institutional Trading of Qualcomm
Institutional investors and hedge funds have recently bought and sold shares of the company. Your Advocates Ltd. LLP bought a new position in shares of Qualcomm in the 1st quarter worth about $26,000. Cloud Capital Management LLC bought a new position in shares of Qualcomm in the 3rd quarter worth about $27,000. Richardson Financial Services Inc. lifted its position in shares of Qualcomm by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock worth $29,000 after buying an additional 80 shares during the last quarter. Torren Management LLC bought a new position in shares of Qualcomm in the 4th quarter worth about $29,000. Finally, Caitong International Asset Management Co. Ltd lifted its position in shares of Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company's stock worth $29,000 after buying an additional 170 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the stock. Rosenblatt Securities restated a "buy" rating and issued a $190.00 price target on shares of Qualcomm in a research note on Thursday, April 30th. Bank of America assumed coverage on shares of Qualcomm in a research note on Tuesday, March 10th. They issued an "underperform" rating and a $145.00 price target for the company. Sanford C. Bernstein restated a "market perform" rating and issued a $140.00 price target (down from $175.00) on shares of Qualcomm in a research note on Thursday, March 26th. Susquehanna lifted their price target on shares of Qualcomm from $140.00 to $160.00 and gave the stock a "neutral" rating in a research note on Thursday. Finally, Zacks Research lowered shares of Qualcomm from a "hold" rating to a "strong sell" rating in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $172.40.
Read Our Latest Report on Qualcomm
About Qualcomm
(
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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