QUALCOMM (NASDAQ:QCOM) Stock Price Down 1.5% – Should You Sell?

QUALCOMM Incorporated (NASDAQ:QCOM) shares fell 1.5% during mid-day trading on Wednesday . The stock traded as low as $171.01 and last traded at $171.05. 4,465,744 shares traded hands during trading, a decline of 48% from the average session volume of 8,670,371 shares. The stock had previously closed at $173.65.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Wells Fargo & Company boosted their target price on shares of QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Thursday, November 6th. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Piper Sandler raised their target price on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a research note on Thursday, November 6th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $185.00 price target on shares of QUALCOMM in a research note on Tuesday, December 16th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, QUALCOMM presently has a consensus rating of “Moderate Buy” and a consensus target price of $192.94.

QUALCOMM Trading Down 1.5%

The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. The stock has a market cap of $183.19 billion, a price-to-earnings ratio of 34.98, a P/E/G ratio of 3.80 and a beta of 1.22. The company has a fifty day simple moving average of $173.25 and a 200-day simple moving average of $164.25.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the firm posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, research analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were issued a $0.89 dividend. The ex-dividend date was Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s dividend payout ratio is presently 72.80%.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, EVP Akash J. Palkhiwala sold 10,000 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $175.12, for a total value of $1,751,200.00. Following the completion of the sale, 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction 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 sale, the executive vice president owned 26,071 shares of the company’s stock, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,822 shares of company stock valued at $8,689,984 in the last ninety days. Company insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in QUALCOMM by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock valued at $18,260,635,000 after buying an additional 290,799 shares during the last quarter. Kingstone Capital Partners Texas LLC grew its stake in shares of QUALCOMM by 656,661.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock worth $9,360,274,000 after acquiring an additional 58,764,593 shares during the last quarter. State Street Corp increased its position in QUALCOMM by 0.8% during the second quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock worth $8,547,014,000 after acquiring an additional 420,352 shares during the period. Norges Bank acquired a new position in QUALCOMM during the 2nd quarter valued at $2,713,603,000. Finally, Amundi boosted its holdings in QUALCOMM by 9.9% in the 3rd quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after purchasing an additional 1,138,541 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.

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.