Qualcomm Incorporated $QCOM is Andra AP fonden’s Largest Position

Andra AP fonden grew its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 41.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,476,921 shares of the wireless technology company’s stock after buying an additional 435,400 shares during the quarter. Qualcomm accounts for approximately 3.2% of Andra AP fonden’s holdings, making the stock its largest position. Andra AP fonden owned approximately 0.14% of Qualcomm worth $245,701,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. waypoint wealth counsel lifted its holdings in Qualcomm by 2.2% in the third quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock valued at $476,000 after acquiring an additional 61 shares during the period. Greykasell Wealth Strategies Inc. increased its position in shares of Qualcomm by 1.5% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after purchasing an additional 61 shares during the last quarter. Baron Wealth Management LLC lifted its stake in shares of Qualcomm by 4.5% in the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock worth $238,000 after purchasing an additional 62 shares during the period. Elser Financial Planning Inc lifted its stake in shares of Qualcomm by 3.7% in the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after purchasing an additional 63 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its holdings in shares of Qualcomm by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Rosenblatt Securities decreased their price target on shares of Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating on shares of Qualcomm in a report on Monday, February 2nd. Argus lowered their target price on Qualcomm from $205.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Zacks Research cut Qualcomm from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. Finally, Wall Street Zen cut Qualcomm from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $168.48.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Snapdragon 8 Elite Gen 5 for Galaxy — Qualcomm unveiled the Snapdragon 8 Elite Gen 5 for the Galaxy S26 Ultra, deepening the Samsung partnership and highlighting QCOM’s push in AI, graphics and connectivity for premium handsets. Can Snapdragon 8 Elite Gen 5 for Galaxy Launch Boost QCOM Shares?
• Positive Sentiment: Automotive manufacturing deal with Tata Electronics — Qualcomm signed a partnership to produce automotive modules in India, adding Tata to its global manufacturing network and positioning QCOM to capture growth as cars become more software-defined. This supports the company’s automotive TAM expansion. Qualcomm Tata Deal Highlights Auto Growth And India Manufacturing Shift
• Positive Sentiment: Analyst upgrades shift tone — Loop Capital upgraded QCOM to Buy and Wells Fargo raised its stance on Qualcomm’s data center strategy, signaling growing conviction that near-term pressures may be easing and that diversification (AI/datacenter, automotive) is gaining traction. Loop Capital Upgrades Qualcomm (QCOM) to Buy, Sees Stock Nearing Turning Point
• Positive Sentiment: Technical improvement noted — Market commentary highlights a bullish MACD crossover and short-term stabilization after a steep selloff, suggesting downside momentum may have peaked and a base could form if price holds near recent levels.
• Neutral Sentiment: Retail/edge AI collaboration — Qualcomm and Vusion released a white paper on an “AI‑Native Store” using on‑device AI and BLE infrastructure; strategic for IoT/edge positioning but not an immediate revenue driver. Vusion and Qualcomm Unveil their AI-Native Store™ Vision
• Neutral Sentiment: Market reassessment piece — Commentary questions whether current share price fully reflects Qualcomm’s AI and diversification story given mixed recent returns; useful context but not new company-specific news. Is It Time To Reassess Qualcomm (QCOM) After Mixed Returns And AI Growth Story
• Negative Sentiment: Baird cut its price target — Baird trimmed its QCOM price target to $177 from $200 (maintaining Outperform) and flagged fiscal 2026 as a transitional year, underscoring continuing uncertainty around near-term growth and guidance execution. Baird Cuts QUALCOMM (QCOM) Price Target to $177 from $200

Insiders Place Their Bets

In related news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the sale, the executive vice president owned 35,599 shares in the company, valued at approximately $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 45,704 shares of company stock worth $7,818,708. Insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

QCOM opened at $145.59 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. The stock has a market capitalization of $155.34 billion, a price-to-earnings ratio of 30.08, a PEG ratio of 7.28 and a beta of 1.22. The company has a fifty day moving average of $157.71 and a 200 day moving average of $163.81. Qualcomm Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating the consensus estimate of $3.38 by $0.12. The business had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, sell-side analysts forecast that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is currently 73.55%.

Qualcomm Company Profile

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.