QUALCOMM (NASDAQ:QCOM) Upgraded at DZ Bank

DZ Bank upgraded shares of QUALCOMM (NASDAQ:QCOM) to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Several other equities research analysts also recently issued reports on QCOM. Daiwa Securities Group downgraded shares of QUALCOMM from an “outperform” rating to a “neutral” rating and set a $140.00 price objective for the company. in a research report on Wednesday. Mizuho reduced their target price on shares of QUALCOMM from $160.00 to $140.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Robert W. Baird set a $177.00 target price on QUALCOMM in a report on Thursday, February 5th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Finally, Morgan Stanley initiated coverage on QUALCOMM in a research report on Tuesday. They set an “underweight” rating and a $132.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $164.67.

QUALCOMM Trading Down 1.8%

NASDAQ QCOM opened at $138.47 on Tuesday. 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 current ratio of 2.51 and a quick ratio of 1.83. The firm has a market cap of $147.75 billion, a P/E ratio of 28.61, a P/E/G ratio of 6.99 and a beta of 1.22. The stock’s 50-day moving average is $164.55 and its 200-day moving average is $164.38.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (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 analyst estimates of $12.16 billion. QUALCOMM had a return on equity of 44.09% and a net margin of 11.96%.QUALCOMM’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Sell-side analysts anticipate that QUALCOMM will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio is currently 73.55%.

Insider Buying and Selling

In other QUALCOMM news, EVP Akash J. Palkhiwala sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total value of $1,751,200.00. Following the completion of the transaction, the executive vice president directly owned 44,803 shares in the company, valued at $7,845,901.36. This trade represents a 18.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ann C. Chaplin sold 7,180 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the sale, the executive vice president owned 23,944 shares in the company, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 46,217 shares of company stock worth $7,901,275 over the last three months. Company insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On QUALCOMM

A number of institutional investors have recently added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. grew its position in shares of QUALCOMM by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 65 shares during the period. Cloud Capital Management LLC acquired a new stake in QUALCOMM in the 3rd quarter valued at about $27,000. Richardson Financial Services Inc. lifted its stake in QUALCOMM by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 80 shares during the last quarter. Torren Management LLC bought a new position in QUALCOMM during the fourth quarter worth about $29,000. Finally, Commonwealth Retirement Investments LLC acquired a new position in QUALCOMM during the fourth quarter worth approximately $32,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: MarketBeat highlights that Qualcomm’s technicals are deeply oversold and beginning to recover, and several bullish analyst targets (some as high as ~$200) create asymmetric upside if sentiment stabilizes. 2 Reasons Qualcomm’s Risk/Reward Is Now Red Hot
• Positive Sentiment: Yahoo argues the recent “soft” earnings aren’t as bad as they look — underlying strength in results and operational items temper the headline reaction, supporting a view that the selloff may be overdone. QUALCOMM’s Soft Earnings Are Actually Better Than They Appear
• Positive Sentiment: Piper Sandler reiterated an overweight rating after the quarter and coverage notes show Qualcomm beat estimates — a reminder earnings execution still has support from some buy-side analysts. Qualcomm beats estimates; Piper Sandler reiterates overweight
• Positive Sentiment: DZ Bank upgraded Qualcomm to a “strong-buy”, adding direct buy-side support that can limit further downside and attract momentum buyers. Zacks
• Neutral Sentiment: UBS maintained a Neutral rating but cut its price target to $160, signaling tempered expectations but not a bearish view that would force selling. UBS keeps Neutral
• Neutral Sentiment: Daiwa Securities moved Qualcomm from Outperform to Neutral with a $140 target — a modest haircut that signals caution but limited implied downside from current levels. Finviz
• Negative Sentiment: Daiwa America downgraded the stock from “strong-buy” to “hold,” removing a bullish endorsement and adding selling pressure from discretionary holders. Zacks
• Negative Sentiment: Bearish coverage and commentary (e.g., “Bear of the Day”) continue to circulate, keeping sentiment fragile and increasing the risk of short-term volatility. Bear of the Day: Qualcomm
• Negative Sentiment: Analyst questions from the earnings call highlighted concerns around guidance, handset exposure and visibility — these fundamentals are the root cause of the recent selloff and could keep the stock under pressure until clarity returns. 5 revealing analyst questions

About QUALCOMM

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.