Key Points
- Qualcomm CAO Patricia Grech sold 98 shares for approximately $18,282 at an average price of $186.55. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Qualcomm’s latest quarterly results included $2.21 in adjusted EPS, slightly below estimates, while revenue of $9.95 billion exceeded expectations; revenue declined 4% year over year.
- The company pays a quarterly dividend of $0.92, equivalent to a 2.0% annual yield. Analysts maintain a consensus “Hold” rating with an average price target of $204.10, while institutional investors own 74.35% of the stock.
Qualcomm Incorporated (NASDAQ:QCOM - Get Free Report) CAO Patricia Grech sold 98 shares of the business's stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $186.55, for a total value of $18,281.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualcomm Stock Up 1.5%
QCOM opened at $184.87 on Friday. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $259.92. The business has a 50 day moving average price of $171.48 and a two-hundred day moving average price of $176.06. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The company has a market cap of $194.16 billion, a PE ratio of 21.40, a P/E/G ratio of 4.10 and a beta of 1.65.
Qualcomm (NASDAQ:QCOM - Get Free Report) last announced its earnings results 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 analysts' expectations of $9.69 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The company's revenue for the quarter was down 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, research analysts anticipate that Qualcomm Incorporated will post 7.74 EPS for the current year.
Qualcomm Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 3rd were given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Thursday, September 3rd. Qualcomm's dividend payout ratio (DPR) is 42.59%.
Institutional Investors Weigh In On Qualcomm
Several institutional investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Qualcomm during the 2nd quarter valued at approximately $17,583,115,000. State Street Corp boosted its stake in shares of Qualcomm by 1.3% during the 2nd quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company's stock worth $9,750,123,000 after acquiring an additional 671,537 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Qualcomm by 22.7% in the 2nd quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company's stock worth $3,178,872,000 after acquiring an additional 3,179,720 shares during the period. Invesco Ltd. grew its holdings in shares of Qualcomm by 28.1% in the 4th quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company's stock worth $2,163,030,000 after acquiring an additional 2,771,490 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Qualcomm by 13.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,595,307 shares of the wireless technology company's stock valued at $1,983,377,000 after purchasing an additional 1,410,312 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the stock. Guggenheim set a $200.00 price objective on shares of Qualcomm in a research report on Monday, June 22nd. Citigroup dropped their price target on shares of Qualcomm from $198.00 to $175.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 29th. Lake Street Capital lowered shares of Qualcomm to a "hold" rating in a research note on Thursday, June 25th. Sanford C. Bernstein reissued a "market perform" rating on shares of Qualcomm in a report on Wednesday, September 9th. Finally, HSBC restated a "hold" rating on shares of Qualcomm in a research report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $204.10.
View Our Latest Research Report on Qualcomm
More Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Robotics acquisition expands Qualcomm’s AI strategy. Sidley announced that it represented Qualcomm in the acquisition of PickNik, a robotics software company. The deal could support Qualcomm’s efforts to diversify beyond smartphones and build exposure to robotics and physical AI, although financial terms and the expected earnings contribution were not disclosed. Sidley Represents Qualcomm in Its Acquisition of PickNik
- Positive Sentiment: Market outperformance reflects continued investor interest. Coverage of Qualcomm’s latest session noted that QCOM outpaced the broader stock market. The move suggests investors remain receptive to the company’s diversification plans and AI-related growth opportunities, though the report did not identify a single major catalyst. Why Qualcomm Outpaced the Stock Market Today
- Neutral Sentiment: High search activity indicates heightened investor attention, not necessarily a fundamental change. Qualcomm was among the stocks receiving substantial attention from Zacks users. This may increase near-term trading interest, but the report mainly directs investors to existing factors affecting the company’s outlook. Investors Heavily Search Qualcomm
- Neutral Sentiment: Insider sale appears routine. Chief Accounting Officer Patricia Grech sold 98 shares for approximately $18,282 under a pre-arranged Rule 10b5-1 trading plan. The small, scheduled transaction is less meaningful as a signal of management’s view of QCOM’s valuation. Qualcomm Insider Transaction Filing
- Negative Sentiment: AI opportunity remains unproven and valuation leaves limited room for disappointment. Analysts continue to question whether Qualcomm’s AI strategy can offset declining Apple-related sales. Qualcomm is pursuing automotive and data-center chips, while higher pricing may help offset rising memory costs, but investors may wait for clearer evidence that these businesses can deliver sustained growth. What Is the Case for Waiting on Qualcomm Stock?
Qualcomm Company Profile
(
Get Free Report)
Qualcomm Incorporated (NASDAQ: QCOM) is a technology company headquartered in San Diego, California, that develops wireless communications technologies, semiconductors and related software. Its products support mobile devices, connected computing, automotive systems, industrial equipment and consumer electronics.
Qualcomm's semiconductor business operates primarily through its Qualcomm CDMA Technologies segment. Its offerings include Snapdragon platforms and systems-on-chip, cellular modems, radio-frequency components, connectivity products, and processors for smartphones, personal computers, extended-reality devices, vehicles and the Internet of Things.
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