Qualcomm Incorporated (NASDAQ:QCOM) Given Consensus Recommendation of “Hold” by Brokerages

Qualcomm Incorporated (NASDAQ:QCOM) has earned an average recommendation of “Hold” from the twenty-four ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $168.4762.

QCOM has been the subject of several recent research reports. Wall Street Zen lowered shares of Qualcomm from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Royal Bank Of Canada dropped their price target on Qualcomm from $180.00 to $150.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. Susquehanna cut Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 target price on the stock. in a report on Thursday, February 5th. 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 note on Thursday, February 5th. Finally, Wells Fargo & Company upgraded Qualcomm from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $135.00 to $185.00 in a report on Tuesday, February 24th.

Insider Transactions at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 10,000 shares of the stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the transaction, the executive vice president owned 44,803 shares of the company’s stock, valued at approximately $7,845,901.36. This represents a 18.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ann C. Chaplin sold 7,180 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the transaction, the executive vice president directly owned 23,944 shares in the company, valued at $4,262,750.32. This trade represents a 23.07% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 45,704 shares of company stock valued at $7,818,708. Company insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Qualcomm

A number of hedge funds have recently made changes to their positions in QCOM. Brighton Jones LLC boosted its holdings in shares of 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 acquiring an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in Qualcomm by 15.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after purchasing an additional 340 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Qualcomm by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after acquiring an additional 1,020 shares in the last quarter. Aviance Capital Partners LLC grew its position in shares of Qualcomm by 7.2% in the second quarter. Aviance Capital Partners LLC now owns 4,027 shares of the wireless technology company’s stock valued at $641,000 after purchasing an additional 270 shares in the last quarter. Finally, Atlas Private Wealth Advisors grew its position in shares of Qualcomm by 6.3% in the second quarter. Atlas Private Wealth Advisors now owns 1,525 shares of the wireless technology company’s stock valued at $243,000 after purchasing an additional 90 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Qualcomm Price Performance

NASDAQ QCOM opened at $142.36 on Monday. The company has a market capitalization of $151.90 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 7.11 and a beta of 1.25. The stock has a 50-day moving average of $157.05 and a 200 day moving average of $163.89. Qualcomm has a one year low of $120.80 and a one year high of $205.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51.

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

Qualcomm Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s dividend payout ratio is 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.