Qualcomm Incorporated (NASDAQ:QCOM) Receives $165.14 Consensus Price Target from Brokerages

Shares of Qualcomm Incorporated (NASDAQ:QCOMGet Free Report) have been assigned a consensus recommendation of “Hold” from the twenty-four analysts that are covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $165.1429.

QCOM has been the topic of several research analyst reports. TD Cowen lowered their price objective on shares of Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. Loop Capital raised shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price target for the company in a report on Tuesday, February 24th. JPMorgan Chase & Co. decreased their price target on shares of Qualcomm from $195.00 to $185.00 and set an “overweight” rating on the stock in a research report on Thursday, February 5th. Sanford C. Bernstein restated a “market perform” rating and set a $140.00 price objective (down from $175.00) on shares of Qualcomm in a report on Thursday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualcomm in a research report on Monday, December 29th.

View Our Latest Stock Analysis on QCOM

Insider Buying and Selling

In other Qualcomm news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the sale, the executive vice president owned 35,599 shares in the company, valued at approximately $4,900,202.35. This trade represents a 8.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 9,866 shares of company stock valued at $1,474,796 in the last quarter. Corporate insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Qualcomm

A number of institutional investors have recently bought and sold shares of QCOM. Harbor Capital Advisors Inc. boosted its position in shares of Qualcomm by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 65 shares in the last quarter. Cloud Capital Management LLC acquired a new position in Qualcomm in the third quarter worth about $27,000. Richardson Financial Services Inc. lifted its stake in Qualcomm by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 80 shares during the period. Torren Management LLC bought a new position in Qualcomm during the fourth quarter worth about $29,000. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in Qualcomm by 17,000.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 170 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Qualcomm Price Performance

NASDAQ QCOM opened at $127.11 on Friday. Qualcomm has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. The stock has a market capitalization of $135.63 billion, a PE ratio of 26.26 and a beta of 1.25. The stock has a 50-day simple moving average of $141.12 and a 200 day simple moving average of $160.28.

Qualcomm (NASDAQ:QCOMGet Free Report) last released its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Research analysts anticipate that Qualcomm will post 9.39 EPS for the current year.

Qualcomm Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were paid a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, March 5th. Qualcomm’s payout ratio is currently 73.55%.

Qualcomm declared that its board has approved a stock repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

About Qualcomm

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Qualcomm (NASDAQ:QCOM)

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