Key Points
- Qualcomm CAO Patricia Grech sold 208 shares at an average price of $170, generating $35,360 in proceeds. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Qualcomm’s latest quarter slightly missed EPS expectations at $2.21 versus $2.23, while revenue exceeded estimates at $9.95 billion; revenue declined 4% year over year. The company issued fourth-quarter 2026 EPS guidance of $2.05–$2.25.
- The company declared a quarterly dividend of $0.92 per share, equating to an annualized $3.68 payout and a 2.2% yield. Analysts collectively rate the stock “Hold”, with a consensus price target of $203.76.
Qualcomm Incorporated (NASDAQ:QCOM - Get Free Report) CAO Patricia Grech sold 208 shares of Qualcomm stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $170.00, for a total value of $35,360.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualcomm Stock Up 3.8%
QCOM opened at $170.48 on Tuesday. The firm has a 50 day moving average price of $171.46 and a 200 day moving average price of $169.06. The company has a market cap of $179.04 billion, a PE ratio of 19.73, a price-to-earnings-growth ratio of 15.16 and a beta of 1.65. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02.
Qualcomm (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings results 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). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same period last year, the firm earned $2.77 earnings per share. The company's quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Sell-side analysts expect that Qualcomm Incorporated will post 7.74 earnings per share for the current year.
Qualcomm Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm's dividend payout ratio (DPR) is currently 42.59%.
Institutional Investors Weigh In On Qualcomm
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in Qualcomm by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company's stock valued at $2,666,000 after buying an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Qualcomm by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company's stock worth $391,000 after acquiring an additional 340 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Qualcomm by 44.3% in the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company's stock worth $530,000 after acquiring an additional 1,020 shares in the last quarter. Main Street Financial Solutions LLC boosted its holdings in Qualcomm by 6.1% in the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company's stock valued at $920,000 after purchasing an additional 333 shares during the last quarter. Finally, Transamerica Financial Advisors LLC boosted its holdings in Qualcomm by 9.7% in the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company's stock valued at $1,083,000 after purchasing an additional 603 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company's stock.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. Evercore set a $159.00 price target on Qualcomm in a report on Thursday, July 30th. Robert W. Baird set a $400.00 price objective on Qualcomm in a research note on Thursday, July 30th. Royal Bank Of Canada decreased their target price on Qualcomm from $250.00 to $160.00 and set a "sector perform" rating for the company in a research report on Thursday, July 30th. Lake Street Capital lowered Qualcomm to a "hold" rating in a research note on Thursday, June 25th. Finally, Susquehanna dropped their target price on Qualcomm from $190.00 to $160.00 and set a "neutral" rating on the stock in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Qualcomm currently has a consensus rating of "Hold" and a consensus target price of $203.76.
View Our Latest Analysis 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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