Key Points
- CEO Cristiano Amon sold 10,000 Qualcomm shares at an average price of $195, generating $1.95 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, leaving him with 187,568 shares.
- Qualcomm reported quarterly revenue of $9.95 billion, exceeding estimates, but earnings per share of $2.21 slightly missed expectations and revenue declined 4% year over year. The company also declared a quarterly dividend of $0.92 per share, yielding approximately 1.9% annually.
- Analysts remain cautious despite Qualcomm’s expansion into on-device AI, robotics and data-center technologies: the stock has a consensus “Hold” rating and an average price target of about $204.10.
Qualcomm Incorporated (NASDAQ:QCOM - Get Free Report) CEO Cristiano Amon sold 10,000 shares of the business's stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $195.00, for a total transaction of $1,950,000.00. Following the transaction, the chief executive officer directly owned 187,568 shares of the company's stock, valued at $36,575,760. The trade was a 5.06% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualcomm Stock Performance
QCOM opened at $197.24 on Thursday. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The business's 50 day moving average is $169.10 and its 200-day moving average is $173.68. The stock has a market cap of $207.15 billion, a PE ratio of 22.83, a price-to-earnings-growth ratio of 4.13 and a beta of 1.68. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92.
Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). The company had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The business's revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, analysts predict that Qualcomm Incorporated will post 7.74 earnings per share for the current year.
Qualcomm Dividend Announcement
The business also recently declared 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 1.9%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm's dividend payout ratio is currently 42.59%.
Key Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm launched the Snapdragon 8 Elite Gen 6 and 8 Elite Extreme Gen 6, 2-nanometer flagship processors designed to run more agentic-AI workloads directly on smartphones. The chips could support premium pricing, improved performance and greater adoption of on-device AI. Qualcomm launches two new smartphone chips with emphasis on AI
- Positive Sentiment: The planned acquisition of PickNik Robotics would add MoveIt, an open-source robotic motion-planning platform, to Qualcomm’s Dragonwing and other physical-AI initiatives. Investors view the deal as a way to diversify revenue into industrial automation and build a software ecosystem around Qualcomm hardware. Qualcomm strengthens physical AI push with PickNik Robotics acquisition
- Positive Sentiment: Qualcomm’s optical-interconnect demonstration with Lumentum and Corning, along with two custom data-center chip programs expected to generate revenue in the December quarter, is strengthening the long-term growth narrative beyond mobile devices. Recent analyst commentary has highlighted AI-related gains and the stock’s strong momentum. Qualcomm AI interconnect demonstration
- Neutral Sentiment: Analysts see strategic progress but remain cautious: the average price target is approximately $204 and the consensus rating is Hold, suggesting much of the AI optimism may already be reflected in the shares. Qualcomm’s dividend and sizable buyback authorization provide shareholder support. Chips to Bots: Qualcomm’s Agentic AI Breakout
- Negative Sentiment: Risks include contracting smartphone demand, elevated memory costs and the eventual loss of some Apple modem business. Qualcomm CEO Cristiano Amon also sold 10,000 shares for $1.95 million under a pre-arranged Rule 10b5-1 plan; the scheduled transaction is a modest negative signal but does not necessarily indicate a change in his outlook.
Hedge Funds Weigh In On Qualcomm
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of Qualcomm in the second quarter worth about $17,583,115,000. Norges Bank purchased a new stake in shares of Qualcomm in the 4th quarter valued at approximately $2,591,056,000. Bank of New York Mellon Corp acquired a new position in Qualcomm in the 2nd quarter worth approximately $1,523,930,000. Deutsche Bank AG acquired a new position in Qualcomm in the 2nd quarter worth approximately $1,178,349,000. Finally, Amundi grew its position in Qualcomm by 94.1% during the 2nd quarter. Amundi now owns 10,195,741 shares of the wireless technology company's stock worth $1,884,071,000 after purchasing an additional 4,942,908 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock.
Analyst Ratings Changes
Several equities research analysts recently commented on the company. Piper Sandler began coverage on Qualcomm in a report on Wednesday, September 9th. They set a "neutral" rating and a $190.00 target price on the stock. TD Cowen dropped their price objective on Qualcomm from $225.00 to $175.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Wells Fargo & Company cut their price objective on Qualcomm from $265.00 to $170.00 and set an "equal weight" rating for the company in a report on Thursday, July 30th. Mizuho lifted their target price on Qualcomm from $170.00 to $210.00 and gave the stock a "neutral" rating in a report on Monday, June 29th. Finally, Sanford C. Bernstein reiterated a "market perform" rating on shares of Qualcomm in a report on Wednesday, September 9th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $204.10.
View Our Latest Stock Analysis on QCOM
About Qualcomm
(
Get Free Report)
Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.
Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.
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