Forum Financial Management LP Boosts Position in QUALCOMM Incorporated $QCOM

Forum Financial Management LP raised its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 64.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,672 shares of the wireless technology company’s stock after acquiring an additional 4,560 shares during the period. Forum Financial Management LP’s holdings in QUALCOMM were worth $1,942,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Hemington Wealth Management grew its position in shares of QUALCOMM by 4.0% in the 3rd quarter. Hemington Wealth Management now owns 2,097 shares of the wireless technology company’s stock valued at $348,000 after buying an additional 81 shares during the last quarter. Philip James Wealth Mangement LLC boosted its stake in QUALCOMM by 0.3% in the third quarter. Philip James Wealth Mangement LLC now owns 159,670 shares of the wireless technology company’s stock valued at $26,563,000 after acquiring an additional 407 shares in the last quarter. CORDA Investment Management LLC. grew its holdings in shares of QUALCOMM by 8.9% during the third quarter. CORDA Investment Management LLC. now owns 24,464 shares of the wireless technology company’s stock worth $4,070,000 after purchasing an additional 1,990 shares during the last quarter. ORG Partners LLC lifted its holdings in shares of QUALCOMM by 14.2% in the 3rd quarter. ORG Partners LLC now owns 1,263 shares of the wireless technology company’s stock valued at $210,000 after purchasing an additional 157 shares during the last quarter. Finally, Sonoma Allocations LLC purchased a new stake in shares of QUALCOMM in the 3rd quarter valued at about $562,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. TD Cowen lifted their target price on shares of QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. Cowen reiterated a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Finally, UBS Group lifted their price objective on shares of QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.56.

Insider Activity

In other news, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the transaction, the executive vice president directly owned 26,071 shares of the company’s stock, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Patricia Y. Grech sold 513 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $160.95, for a total value of $82,567.35. Following the completion of the sale, the chief accounting officer directly owned 203 shares of the company’s stock, valued at $32,672.85. This represents a 71.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 53,155 shares of company stock valued at $9,267,593 over the last ninety days. 0.08% of the stock is currently owned by company insiders.

Key QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Analysts are rethinking Qualcomm’s investment story after new AI and Android-related announcements at CES, highlighting stronger on-device AI positioning and a broader competitive footprint that could lift long‑term growth expectations. Read More.
• Positive Sentiment: QCOM expanded automotive wins: a Hyundai Mobis partnership to co-develop software-defined vehicles and ADAS using Snapdragon Ride Flex — this could accelerate recurring software/processor revenue from autos. Read More.
• Positive Sentiment: Qualcomm struck a long‑term supply deal to provide infotainment tech for Volkswagen’s new software platform, reinforcing automotive content gains and multi-year revenue visibility. Read More.
• Positive Sentiment: JPMorgan and other CES takeaways show Qualcomm’s Snapdragon platforms are moving deeper into PCs and high‑end laptops, expanding TAM beyond phones and supporting the company’s diversification narrative. Read More.
• Positive Sentiment: Qualcomm showcased robot and AI compute use cases at CES (and in an investor video explaining humanoid-robot deployments), signaling on-device AI traction that supports higher-margin, software-enabled opportunities. Read More. • Read More.
• Neutral Sentiment: Technicals: MarketBeat notes Qualcomm is pressing a key resistance (~$183) after a tightening wedge; a decisive breakout could be bullish, but failure would keep the stock range‑bound — important near-term chart risk/reward ahead of earnings. Read More.
• Neutral Sentiment: Earnings preview: Analysts expect a modest, single‑digit EPS decline for the coming quarter, making the upcoming report a key catalyst — upside beats could drive a sharp move, misses could amplify downside. Read More.
• Neutral Sentiment: Increased investor attention noted by Zacks — higher search/flow can magnify moves in either direction as earnings approach. Read More.
• Negative Sentiment: Mizuho downgraded Qualcomm citing growing handset headwinds — persistent weakness in smartphone volumes/pricing could pressure near‑term earnings and margins, countering diversification gains. Read More.

QUALCOMM Price Performance

Shares of NASDAQ QCOM opened at $177.78 on Friday. The stock has a fifty day moving average price of $173.25 and a 200 day moving average price of $165.44. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The company has a market cap of $190.40 billion, a PE ratio of 36.36, a P/E/G ratio of 3.89 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data 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 net margin of 12.51% and a return on equity of 43.22%. The company had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. During the same quarter in the prior year, the firm earned $2.69 EPS. QUALCOMM’s quarterly revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

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.