QUALCOMM Incorporated (NASDAQ:QCOM) Receives Consensus Rating of “Moderate Buy” from Analysts

QUALCOMM Incorporated (NASDAQ:QCOM) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-four ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $182.8182.

Several equities analysts have issued reports on QCOM shares. Piper Sandler cut their price target on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, July 31st. Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the company an “outperform” rating in a research report on Monday, July 28th. Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Tuesday, August 26th. Citigroup reissued a “hold” rating on shares of QUALCOMM in a report on Thursday, July 17th. Finally, Bank of America lowered their price target on QUALCOMM from $245.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday, June 17th.

Insiders Place Their Bets

In related news, CAO Patricia Y. Grech sold 236 shares of the company’s stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $158.36, for a total value of $37,372.96. Following the transaction, the chief accounting officer directly owned 677 shares of the company’s stock, valued at $107,209.72. This represents a 25.85% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Neil Martin sold 791 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the transaction, the chief accounting officer owned 1,106 shares of the company’s stock, valued at $171,230.92. This trade represents a 41.70% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,626 shares of company stock worth $1,948,054 in the last three months. Insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On QUALCOMM

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. WFA Asset Management Corp purchased a new position in QUALCOMM in the 1st quarter worth $27,000. Vermillion & White Wealth Management Group LLC boosted its stake in shares of QUALCOMM by 122.4% in the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after buying an additional 93 shares during the last quarter. Atlantic Edge Private Wealth Management LLC lifted its holdings in QUALCOMM by 70.0% in the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 70 shares during the period. Sunbeam Capital Management LLC acquired a new position in QUALCOMM in the fourth quarter valued at approximately $29,000. Finally, Mascagni Wealth Management Inc. acquired a new position in QUALCOMM in the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM Price Performance

QCOM opened at $159.84 on Monday. The firm has a market capitalization of $172.47 billion, a PE ratio of 15.41, a price-to-earnings-growth ratio of 2.32 and a beta of 1.21. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The business’s 50-day moving average is $156.47 and its two-hundred day moving average is $152.03. QUALCOMM has a 1 year low of $120.80 and a 1 year high of $182.10.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.71 by $0.06. The business had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Research analysts anticipate that QUALCOMM will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be issued a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 4th. QUALCOMM’s dividend payout ratio (DPR) is currently 34.33%.

QUALCOMM Company Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.