QUALCOMM Incorporated $QCOM Holdings Increased by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp raised its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 3.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 123,729 shares of the wireless technology company’s stock after purchasing an additional 4,512 shares during the period. QUALCOMM accounts for 3.2% of Noesis Capital Mangement Corp’s portfolio, making the stock its 8th largest position. Noesis Capital Mangement Corp’s holdings in QUALCOMM were worth $20,584,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC increased its stake in QUALCOMM by 656,661.0% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock valued at $9,360,274,000 after purchasing an additional 58,764,593 shares in the last quarter. Norges Bank bought a new stake in shares of QUALCOMM during the second quarter valued at approximately $2,713,603,000. Amundi boosted its stake in QUALCOMM by 38.2% during the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock valued at $1,866,451,000 after purchasing an additional 3,186,524 shares during the last quarter. Viking Global Investors LP raised its stake in shares of QUALCOMM by 120.1% in the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after purchasing an additional 1,720,529 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its stake in shares of QUALCOMM by 59.1% in the second quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock worth $703,675,000 after purchasing an additional 1,641,068 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

QUALCOMM News Roundup

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Qualcomm confirmed talks with Samsung to contract‑manufacture 2nm chips, signaling access to an additional advanced foundry partner and potential production diversification that could support future chip rollouts. Qualcomm in talks with Samsung Electronics for contract manufacturing, South Korean newspaper says
• Positive Sentiment: New product pushes: Qualcomm unveiled the Snapdragon X2 Plus (AI PC focus, improved performance and battery life) and announced the Dragonwing IQ10 robotics platform and a PC chip at CES — moves that broaden revenue exposure beyond phones into AI PCs, automotive and robotics. These are concrete growth catalysts that underpin bullish analyst commentary. Can Qualcomm’s Snapdragon X2 Plus Platform Drive Future Growth? How Qualcomm’s New Dragonwing IQ10 Robotics Platform Has Changed Its Investment Story
• Positive Sentiment: CEO commentary at CES (AI and robotics as major new opportunities) reinforces management’s long‑term strategy to capture AI edge and robotics markets — a thematic positive for revenue diversification and licensing upside. Qualcomm CEO Sees Robotics as the ‘Next Big Wave of AI’
• Neutral Sentiment: Technicals: MarketBeat highlights a tightening wedge and repeated resistance around ~$183; a decisive breakout would be bullish, but the stock has a history of false starts — so near‑term action depends on whether momentum sustains ahead of earnings. Why Qualcomm’s Latest Run at Resistance Has Bulls Paying Attention
• Negative Sentiment: Insider selling: an EVP sold ~3,333 shares in early January — while not large relative to institutional holdings, such disclosures can contribute to short‑term selling pressure and investor caution. QUALCOMM (NASDAQ:QCOM) EVP Akash Palkhiwala Sells 3,333 Shares
• Negative Sentiment: Market reaction: coverage noting that Qualcomm registered a larger decline than the market this session underscores profit‑taking and short‑term volatility following the CES news flow and technical retest. Qualcomm (QCOM) Registers a Bigger Fall Than the Market: Important Facts to Note

Wall Street Analyst Weigh In

QCOM has been the subject of a number of recent analyst reports. Mizuho boosted their target price on QUALCOMM from $185.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Cowen reissued a “buy” rating on shares of QUALCOMM in a report on Thursday, November 6th. Rosenblatt Securities restated a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. Wells Fargo & Company increased their price target on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a report on Thursday, November 6th. Finally, TD Cowen lifted their price objective on QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $192.94.

QUALCOMM Stock Down 1.2%

NASDAQ QCOM opened at $180.19 on Thursday. The stock has a market cap of $192.98 billion, a PE ratio of 36.85, a P/E/G ratio of 4.00 and a beta of 1.21. The stock’s 50 day moving average is $173.22 and its 200 day moving average is $165.09. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95.

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

Insider Transactions at QUALCOMM

In related news, CAO Patricia Y. Grech sold 513 shares of QUALCOMM stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $160.95, for a total value of $82,567.35. Following the completion of the transaction, the chief accounting officer owned 203 shares in the company, valued at approximately $32,672.85. This trade represents a 71.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Akash J. Palkhiwala sold 10,000 shares of the company’s 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 sale, the executive vice president owned 44,803 shares in the company, valued at approximately $7,845,901.36. This trade represents a 18.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 53,155 shares of company stock worth $9,267,593 in the last quarter. Company insiders own 0.08% 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.