QUALCOMM (NASDAQ:QCOM) Rating Lowered to “Strong Sell” at Zacks Research

QUALCOMM (NASDAQ:QCOM) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Tuesday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. TD Cowen reissued a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Piper Sandler boosted their target price on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Royal Bank Of Canada started coverage on shares of QUALCOMM in a report on Wednesday, January 14th. They issued a “sector perform” rating and a $180.00 price target on the stock. Susquehanna set a $210.00 price target on shares of QUALCOMM in a research report on Thursday, November 6th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $185.00 price objective on shares of QUALCOMM in a research report on Tuesday, December 16th. Ten research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $189.06.

QUALCOMM Price Performance

Shares of QCOM stock traded down $0.67 during trading hours on Tuesday, hitting $152.03. The company’s stock had a trading volume of 3,083,848 shares, compared to its average volume of 8,983,507. 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 moving average of $169.60 and a 200-day moving average of $165.39. QUALCOMM has a twelve month low of $120.80 and a twelve month high of $205.95. The stock has a market cap of $162.38 billion, a price-to-earnings ratio of 31.08, a P/E/G ratio of 3.41 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating 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 business had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. During the same quarter in the previous year, the business posted $2.69 earnings per share. The company’s revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, equities research analysts anticipate that QUALCOMM will post 9.39 EPS for the current year.

Insiders Place Their Bets

In other QUALCOMM news, EVP Alexander H. Rogers sold 15,917 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were 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 $4,640,898.71. The trade was a 37.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Patricia Y. Grech sold 203 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total transaction of $34,510.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 44,820 shares of company stock worth $7,883,482. 0.05% of the stock is owned by company insiders.

Hedge Funds Weigh In On QUALCOMM

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AEGON ASSET MANAGEMENT UK Plc acquired a new stake in shares of QUALCOMM in the fourth quarter valued at about $51,352,000. Vanguard Group Inc. grew its position in QUALCOMM by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock worth $19,524,350,000 after purchasing an additional 647,076 shares during the last quarter. Coquina Private Wealth LLC bought a new position in shares of QUALCOMM during the 4th quarter worth about $292,000. Sava Infond d.o.o. raised its position in shares of QUALCOMM by 4.6% during the fourth quarter. Sava Infond d.o.o. now owns 15,580 shares of the wireless technology company’s stock valued at $2,665,000 after buying an additional 680 shares during the last quarter. Finally, Klingman & Associates LLC lifted its stake in shares of QUALCOMM by 8.9% in the fourth quarter. Klingman & Associates LLC now owns 3,004 shares of the wireless technology company’s stock valued at $514,000 after buying an additional 246 shares during the period. Institutional investors own 74.35% of the company’s stock.

Trending Headlines about QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Company is pushing on-device AI and product progress that investors see as a path to new markets beyond traditional smartphone chips — narrative helps support upside versus some analyst targets. Qualcomm Taps On Device AI As Shares Trade Below Analyst Targets
• Positive Sentiment: Technical indicator: QCOM recently bounced out of oversold RSI territory — a setup some chartists say preceded a large rally previously, attracting short-term buyers ahead of earnings. The Last Time Qualcomm’s RSI Did This, the Stock Rallied 70%
• Positive Sentiment: Institutional buying: several large funds reported adding QCOM in recent filings (e.g., UBS AM, Wellington), which can provide share support and signals conviction from some asset managers. Fund Update: 392,870 QUALCOMM (QCOM) shares added…
• Neutral Sentiment: Analyst coverage is mixed: some firms keep “hold” ratings while others remain bullish — recent median price-target data still implies meaningful upside (Quiver shows a median target ~ $190), so opinions diverge. Qualcomm Stock: Analyst Estimates & Ratings
• Neutral Sentiment: Upcoming catalyst: QCOM will report fiscal Q1 results on Feb. 4 and recently declared a $0.89/share dividend payable Mar. 26 — both can move the stock depending on the report and management commentary. Qualcomm (QCOM) Faces Industry Headwinds as It Expands Beyond Smartphones
• Negative Sentiment: Zacks Research downgraded QCOM from “hold” to “strong sell,” a headline that likely pressured sentiment and contributed to selling today. Zacks.com downgrade
• Negative Sentiment: Earnings risk: Zacks’ earnings preview warns Q1 results are expected to decline, raising the chance of a disappointing print or cautious guidance that could deepen the sell-off. Earnings Preview: Qualcomm (QCOM) Q1 Earnings Expected to Decline
• Negative Sentiment: Insider selling: QuiverQuant notes repeated insider sales across senior executives over the past six months, which can weigh on sentiment even as institutions add shares. Fund Update & Insider Trading

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.