Qualcomm Incorporated (NASDAQ:QCOM) Stock Has Consensus Target Price of $204.10 According to Brokerages

Qualcomm Incorporated (NASDAQ:QCOM) has been assigned an average rating of “Hold” from the thirty-eight brokerages that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $204.10.

A number of equities research analysts have commented on QCOM shares. Sanford C. Bernstein reissued a “market perform” rating on shares of Qualcomm in a research note on Wednesday, September 9th. Evercore set a $159.00 target price on Qualcomm in a research report on Thursday, July 30th. DZ Bank upgraded Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 target price on the stock in a report on Friday, June 26th. Monness Crespi & Hardt raised shares of Qualcomm to a “buy” rating in a research report on Thursday, June 25th. Finally, UBS Group decreased their price target on shares of Qualcomm from $190.00 to $170.00 and set a “neutral” rating for the company in a research note on Thursday, July 30th.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm renewed its global patent-licensing agreement with Apple, providing greater visibility for licensing revenue and representing continued strategic support from a major customer. Qualcomm secures extension to global patent licensing pact with Apple
• Positive Sentiment: The company unveiled Snapdragon 8 Elite Gen 6 and related 2-nanometer smartphone chips aimed at running more agentic-AI workloads directly on devices. The launches could support premium handset demand and strengthen Qualcomm’s position in on-device AI. Qualcomm takes AI to the edge with new mobile chips
• Positive Sentiment: Snapdragon Sound Elite Gen 2 targets AI-enabled wearables with on-device processing, advanced audio and connectivity. The platform could help Qualcomm diversify beyond smartphones into a growing device category. Qualcomm’s Snapdragon Sound Elite Gen 2 aims to capture AI wearables market
• Positive Sentiment: Qualcomm’s planned PickNik Robotics acquisition would add robotic motion-planning software to its physical-AI strategy, potentially expanding its addressable market into industrial automation and robotics. Qualcomm strengthens physical AI push with PickNik Robotics acquisition
• Neutral Sentiment: Analysts generally rate QCOM “Hold,” with a consensus target near $204, only modestly above recent levels. The stock’s strong six-month advance has heightened concerns that much of the AI optimism is already reflected in the valuation. Chips to Bots: Qualcomm’s Agentic AI Breakout
• Negative Sentiment: CEO Cristiano Amon sold 10,000 shares for approximately $1.95 million under a pre-arranged Rule 10b5-1 plan. The scheduled sale is a modest negative signal, though it does not necessarily indicate reduced confidence in Qualcomm’s outlook. Qualcomm insider Cristiano Amon sells 10,000 shares
• Negative Sentiment: Investors continue to weigh handset-demand pressures, elevated memory costs and the risk of losing some future Apple modem business. Qualcomm’s latest quarter also showed lower year-over-year revenue and a slight EPS miss, reinforcing concerns about near-term fundamentals.

Qualcomm Price Performance

QCOM stock opened at $194.26 on Friday. The stock has a market capitalization of $204.02 billion, a PE ratio of 22.48, a price-to-earnings-growth ratio of 4.13 and a beta of 1.68. The company’s 50-day moving average is $169.58 and its 200-day moving average is $174.09. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. Qualcomm has a 1 year low of $121.99 and a 1 year high of $259.92.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm had revenue of $9.95 billion during the quarter, compared to the consensus estimate of $9.69 billion. During the same period in the previous year, the firm earned $2.77 earnings per share. The business’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities research analysts expect that Qualcomm will post 7.74 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd were given a dividend of $0.92 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 1.9%. Qualcomm’s payout ratio is presently 42.59%.

Insider Buying and Selling at Qualcomm

In related news, EVP Akash Palkhiwala sold 2,500 shares of the company’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $182.85, for a total value of $457,125.00. Following the sale, the executive vice president owned 18,184 shares in the company, valued at $3,324,944.40. This represents a 12.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano Amon sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $195.00, for a total transaction of $1,950,000.00. Following the completion of the transaction, the chief executive officer directly owned 187,568 shares in the company, valued at approximately $36,575,760. The trade was a 5.06% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 21,533 shares of company stock worth $3,874,969. 0.05% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of QCOM. Your Advocates Ltd. LLP bought a new stake in shares of Qualcomm in the 1st quarter worth $26,000. Caitong International Asset Management Co. Ltd lifted its position in shares of 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. Commonwealth Retirement Investments LLC bought a new position in shares of Qualcomm during the fourth quarter valued at about $32,000. ABS Investment Management LLC purchased a new position in Qualcomm during the second quarter worth about $34,000. Finally, ABS Direct Equity Fund LLC purchased a new position in Qualcomm during the second quarter worth about $34,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Company Profile

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.