Qualcomm Incorporated (NASDAQ:QCOM) Receives Consensus Rating of “Hold” from Brokerages

Qualcomm Incorporated (NASDAQ:QCOM) has been given a consensus rating of “Hold” by the twenty-four research firms that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $165.1429.

Several research analysts have recently weighed in on the company. Piper Sandler restated an “overweight” rating and issued a $200.00 price target on shares of Qualcomm in a research note on Thursday, February 5th. JPMorgan Chase & Co. reduced their price objective on Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Argus decreased their target price on Qualcomm from $205.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 6th. Royal Bank Of Canada lowered their target price on shares of Qualcomm from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. Finally, Cantor Fitzgerald dropped their price target on shares of Qualcomm from $185.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd.

Insiders Place Their Bets

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the transaction, the executive vice president directly owned 35,599 shares in the company, valued at $4,900,202.35. The trade was 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 9,866 shares of company stock valued at $1,474,796. Company insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Qualcomm

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. increased its holdings in Qualcomm by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 65 shares during the last quarter. Cloud Capital Management LLC bought a new position in Qualcomm in the third quarter worth approximately $27,000. Richardson Financial Services Inc. boosted its stake in shares of Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 80 shares during the last quarter. Torren Management LLC purchased a new position in shares of Qualcomm during the 4th quarter worth $29,000. Finally, Caitong International Asset Management Co. Ltd grew its position in shares of Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after acquiring an additional 170 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Stock Up 0.1%

NASDAQ:QCOM opened at $130.54 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 firm has a market cap of $139.29 billion, a P/E ratio of 26.97 and a beta of 1.25. Qualcomm has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The firm has a 50-day simple moving average of $141.77 and a two-hundred day simple moving average of $160.49.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.12. The company 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 firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm earned $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Analysts predict that Qualcomm will post 9.39 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were issued a $0.89 dividend. The ex-dividend date was Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.7%. Qualcomm’s dividend payout ratio (DPR) is currently 73.55%.

Qualcomm announced that its board has approved a share repurchase program on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm announced a $20 billion share buyback and raised its dividend, which supports EPS per-share metrics and signals confidence from management. That headline provides immediate buyback-driven support for the stock. Fool Article
• Positive Sentiment: Product upside: coverage highlights Qualcomm’s push into AI-enabled smart cameras and IoT silicon — a revenue growth vector if adoption scales in security and edge‑AI markets. This is a longer‑horizon positive for revenue diversification. Zacks Article
• Neutral Sentiment: Valuation note: analysts and writeups are re‑examining QCOM after recent weakness (shares down sharply over recent months), noting mixed trailing performance but continued revenue and net income growth; valuation context may keep volatility elevated. Yahoo Finance Article
• Neutral Sentiment: Index/rating technicals: discussion that rating shifts reflect Nasdaq‑100 composition may pressure index‑sensitive flows; this is more mechanical than fundamental. Kalkine Media Article
• Neutral Sentiment: Miscellaneous coverage and surveys mention QCOM alongside peer items; not market-moving by itself but adds to media attention. American Banking News
• Negative Sentiment: Analyst downgrade: Sanford C. Bernstein cut QCOM to “market perform” from “outperform” and trimmed the price target to $140 from $175 (multiple outlets reported this). The downgrade and target cut are driving near‑term selling pressure and reduce upside implied by analyst consensus. MSN Article Schaeffers Article Benzinga

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.