QUALCOMM (NASDAQ:QCOM) Stock Rating Lowered by Daiwa America

QUALCOMM (NASDAQ:QCOM) was downgraded by investment analysts at Daiwa America from a “strong-buy” rating to a “hold” rating in a research note issued on Wednesday,Zacks.com reports.

A number of other equities research analysts also recently commented on the company. Rosenblatt Securities cut their price objective on QUALCOMM from $225.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. JPMorgan Chase & Co. cut their target price on QUALCOMM from $195.00 to $185.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Bank of America lowered QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 price target for the company. in a research report on Thursday, February 5th. Citigroup reissued a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. Finally, Robert W. Baird set a $177.00 price objective on QUALCOMM in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $164.67.

QUALCOMM Price Performance

Shares of NASDAQ QCOM opened at $138.47 on Wednesday. QUALCOMM has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The firm has a 50-day moving average of $164.55 and a two-hundred day moving average of $164.38. The company has a market capitalization of $147.75 billion, a price-to-earnings ratio of 28.61, a PEG ratio of 6.99 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last released 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. 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%. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. 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. As a group, analysts expect that QUALCOMM will post 9.39 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Alexander H. Rogers sold 15,917 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the sale, the executive vice president owned 26,071 shares of the company’s stock, valued at approximately $4,640,898.71. The trade was a 37.91% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Akash J. Palkhiwala sold 10,000 shares of the 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 owned 44,803 shares in the company, valued at $7,845,901.36. This represents a 18.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 46,217 shares of company stock worth $7,901,275. Insiders own 0.05% of the company’s stock.

Institutional Trading of QUALCOMM

Several large investors have recently added to or reduced their stakes in the business. waypoint wealth counsel boosted 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 worth $476,000 after purchasing an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. lifted its position in shares of QUALCOMM by 1.5% in the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock worth $686,000 after buying an additional 61 shares during the last quarter. Baron Wealth Management LLC lifted its position in shares of QUALCOMM by 4.5% in the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock worth $238,000 after buying an additional 62 shares during the last quarter. Certified Advisory Corp boosted 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, Avion Wealth increased its holdings in shares of QUALCOMM by 16.7% during the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock valued at $70,000 after acquiring an additional 63 shares during the last quarter. 74.35% of the stock is owned by institutional investors.

More QUALCOMM News

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.