Qualcomm Incorporated (NASDAQ:QCOM) Given Average Rating of “Hold” by Analysts

Shares of Qualcomm Incorporated (NASDAQ:QCOM) have received an average rating of “Hold” from the thirty-eight brokerages that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, twenty-one have issued a hold recommendation, fourteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $203.6333.

A number of brokerages recently weighed in on QCOM. Bank of America lifted their price target on Qualcomm from $165.00 to $195.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 23rd. Zacks Research upgraded shares of Qualcomm from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Rosenblatt Securities decreased their price objective on Qualcomm from $265.00 to $235.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Robert W. Baird set a $400.00 target price on shares of Qualcomm in a research report on Thursday, July 30th. Finally, DZ Bank upgraded Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 price target on the stock in a report on Friday, June 26th.

Qualcomm Price Performance

Shares of Qualcomm stock opened at $157.53 on Thursday. Qualcomm has a 52 week low of $121.99 and a 52 week high of $259.92. The stock has a market cap of $165.44 billion, a PE ratio of 18.23, a price-to-earnings-growth ratio of 14.93 and a beta of 1.65. The company’s 50-day moving average price is $193.24 and its two-hundred day moving average price is $167.47. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The business had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, sell-side analysts anticipate that Qualcomm will post 7.78 EPS for the current fiscal year.

Qualcomm Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be given a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.3%. Qualcomm’s dividend payout ratio (DPR) is 42.59%.

Insider Transactions at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $147.04, for a total transaction of $470,528.00. Following the sale, the executive vice president directly owned 36,535 shares in the company, valued at approximately $5,372,106.40. The trade was a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 11,529 shares of company stock valued at $2,112,945. 0.05% of the stock is owned by corporate insiders.

Institutional Trading of Qualcomm

Hedge funds and other institutional investors have recently modified their holdings of the stock. Your Advocates Ltd. LLP acquired a new stake in shares of Qualcomm in the 1st quarter valued at approximately $26,000. Richardson Financial Services Inc. boosted its holdings in shares of Qualcomm by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 80 shares during the last quarter. Torren Management LLC bought a new stake in Qualcomm in the 4th quarter valued at $29,000. Caitong International Asset Management Co. Ltd raised its holdings in Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after acquiring an additional 170 shares during the period. Finally, Birchwood Financial Partners Inc. acquired a new stake in Qualcomm during the 4th quarter worth approximately $31,000. Institutional investors and hedge funds 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.