QUALCOMM (NASDAQ:QCOM) Trading Down 1.3% – Should You Sell?

QUALCOMM Incorporated (NASDAQ:QCOM)’s stock price dropped 1.3% during trading on Friday . The company traded as low as $154.85 and last traded at $155.82. Approximately 7,015,861 shares traded hands during trading, a decline of 26% from the average daily volume of 9,523,411 shares. The stock had previously closed at $157.80.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on QCOM. TD Cowen restated a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Wells Fargo & Company lifted their price target 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. Bank of America upped their price objective on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Piper Sandler increased their price objective on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Finally, Citigroup reissued a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. Ten analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $191.28.

QUALCOMM Stock Down 1.3%

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 business has a fifty day simple moving average of $170.72 and a two-hundred day simple moving average of $165.47. The company has a market cap of $166.88 billion, a PE ratio of 31.87, a price-to-earnings-growth ratio of 3.48 and a beta of 1.21.

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

QUALCOMM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s dividend payout ratio (DPR) is 72.80%.

Insider Buying and Selling at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the completion of the sale, the insider directly owned 19,593 shares in the company, valued at $3,387,041.91. This represents a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction 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 transaction, the executive vice president directly owned 23,944 shares in the company, valued at $4,262,750.32. This trade represents a 23.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 44,820 shares of company stock worth $7,883,482. 0.08% of the stock is owned by company insiders.

Institutional Investors Weigh In On QUALCOMM

A number of hedge funds have recently modified their holdings of QCOM. Guinness Asset Management LTD grew its holdings in QUALCOMM by 11.6% during the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after purchasing an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. boosted its position in QUALCOMM by 18.6% in the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after buying an additional 3,524 shares during the last quarter. Westerkirk Capital Inc. purchased a new position in QUALCOMM in the 2nd quarter valued at about $4,539,000. MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of QUALCOMM during the second quarter valued at about $3,896,000. Finally, Inscription Capital LLC increased its position in shares of QUALCOMM by 58.1% during the third quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock worth $2,172,000 after acquiring an additional 4,799 shares during the last quarter. Hedge funds and other institutional investors 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.