Shares of Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report) rose 1.3% during mid-day trading on Friday following a dividend announcement from the company. The company traded as high as $136.97 and last traded at $136.20. Approximately 9,569,566 shares traded hands during trading, a decline of 13% from the average daily volume of 11,044,453 shares. The stock had previously closed at $134.47.
The newly announced dividend which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 2.7%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s payout ratio is currently 73.55%.
Wall Street Analyst Weigh In
QCOM has been the topic of a number of research analyst reports. The Goldman Sachs Group initiated coverage on shares of Qualcomm in a report on Monday, March 30th. They set a “neutral” rating and a $135.00 price objective on the stock. TD Cowen decreased their price objective on shares of Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Rosenblatt Securities decreased their price objective on shares of Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Zacks Research lowered shares of Qualcomm from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. Finally, Bank of America assumed coverage on shares of Qualcomm in a report on Tuesday, March 10th. They set an “underperform” rating and a $145.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $159.91.
Qualcomm Stock Up 1.3%
The firm has a market capitalization of $145.33 billion, a price-to-earnings ratio of 28.14 and a beta of 1.28. The business’s 50-day moving average is $134.48 and its two-hundred day moving average is $156.47. 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 – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. The business had revenue of $12.25 billion for 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%. Qualcomm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the company posted $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts anticipate that Qualcomm Incorporated will post 9.39 earnings per share for the current year.
Key Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Board approved a quarterly cash dividend of $0.92 per share (record June 4, payable June 25), which supports income investors and signals confidence in cash flow. Qualcomm Announces Quarterly Cash Dividend
- Positive Sentiment: Qualcomm expanded its XR/mobile AI footprint with a multi‑year deal to supply Snapdragon XR processors to Snap’s Specs unit — strengthens QCOM’s positioning in AI wearables and adjacent compute markets. Qualcomm (QCOM) Makes A Strategic Bet That Could Matter More Than It Seems
- Positive Sentiment: Management is deepening automotive ambitions (direct investment in Wayve; expanded Bosch collaboration) to supply vehicle compute/ADAS platforms — a structural growth avenue beyond smartphones. Qualcomm’s Automotive Push Adds New Layer To QCOM Investment Story
- Positive Sentiment: Some analysts/investors view QCOM as attractively valued relative to fast‑rising peers, arguing the selloff creates a buying opportunity if mobile recovery and new verticals gain traction. Qualcomm: Rare Value In An Otherwise Inflated Sector
- Neutral Sentiment: Balanced bull/bear price‑case pieces highlight that upside depends on handset cycles, RF demand and execution in automotive/AI, so short‑term moves may be volatile. Qualcomm Stock Price Prediction: Bull and Bear Case
- Neutral Sentiment: Longer‑term thesis is mixed in market commentary — some outlets praise positioning while warning industry headwinds could cap near‑term growth. Could Qualcomm Stock be One of the Best Semiconductor Stocks to Buy Today?
- Negative Sentiment: JPMorgan cut QCOM from Overweight to Neutral, placed it on a negative‑catalyst watch and slashed the price target (cites smartphone/visibility concerns) — a high‑profile downgrade that can pressure sentiment and multiple compression. JPMorgan Downgrades Qualcomm and Puts It on Negative Watch: Is the Smartphone Giant’s Best Days Behind It?
- Negative Sentiment: Analyst downgrades and relative underperformance versus peers (QCOM roughly flat over 12 months while peers rallied) keep selling pressure and raise execution expectations. Qualcomm: Rare Value In An Otherwise Inflated Sector
Qualcomm announced that its board has initiated a share repurchase program on Tuesday, March 17th that allows the company to buyback $20.00 billion in shares. This buyback authorization allows the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.
Insider Buying and Selling
In related news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $130.34, for a total value of $325,850.00. Following the sale, the executive vice president directly owned 30,684 shares of the company’s stock, valued at approximately $3,999,352.56. The trade was a 7.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 9,118 shares of company stock valued at $1,233,705. 0.05% of the stock is owned by company insiders.
Institutional Trading of Qualcomm
A number of large investors have recently bought and sold shares of the business. waypoint wealth counsel increased its stake in Qualcomm by 2.2% during the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after purchasing an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. grew its stake 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 worth $686,000 after acquiring an additional 61 shares in the last quarter. Baron Wealth Management LLC grew its stake in shares of Qualcomm by 4.5% during the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock worth $238,000 after acquiring an additional 62 shares in the last quarter. Certified Advisory Corp grew its stake in shares of Qualcomm by 0.6% during the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after acquiring an additional 62 shares in the last quarter. Finally, Elser Financial Planning Inc grew its stake in shares of Qualcomm by 3.7% during the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after acquiring an additional 63 shares in the last quarter. 74.35% of the stock is owned by institutional investors.
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.
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