Qualcomm (NASDAQ:QCOM) Shares Down 2.1% – Time to Sell?

Qualcomm Incorporated (NASDAQ:QCOM) dropped 2.1% during mid-day trading on Tuesday . The stock traded as low as $132.16 and last traded at $135.20. Approximately 10,431,845 shares were traded during mid-day trading, a decline of 1% from the average daily volume of 10,528,643 shares. The stock had previously closed at $138.11.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm announced a partnership with Wayve to accelerate AI-powered self-driving systems, highlighting traction in automotive AI and potential new revenue streams beyond handsets. Qualcomm, Wayve partner to accelerate AI-powered self-driving system rollout
• Positive Sentiment: Qualcomm is expanding into robotics and physical AI via a partnership with Neura Robotics, reinforcing diversification into higher-growth AI-driven device markets. Qualcomm’s partnership with Neura Robotics is just the beginning
• Positive Sentiment: Qualcomm and T‑Mobile expanded a strategic collaboration to speed the industry’s move from 5G Advanced toward 6G, supporting longer-term relevance in wireless infrastructure and chipset roadmaps. QUALCOMM, Inc. (QCOM) and T-Mobile Expand Strategic Collaboration to Expedite the Industry’s Evolution from 5G Advanced to 6G
• Neutral Sentiment: Several market commentaries and analyst notes view the current selloff as a potential buying opportunity for long-term investors, arguing valuation and structural positioning in mobile and AI make pullbacks attractive. Qualcomm: Selloff Is A Gift For Long Term Investors
• Neutral Sentiment: Opinion pieces debate a structural shift in “mobile computing” but largely conclude Qualcomm’s core connectivity and platform capabilities remain relevant despite handset memory and industry cycle headwinds. Qualcomm’s Mobile Computing Is Dying, Long Live ‘Mobile’ Computing
• Negative Sentiment: Bank of America reinstated coverage with an “Underperform” rating and a $145 price target, citing modest long‑term growth expectations and key customer/competitive risks — including commentary about potential loss of Apple business — which appears to be a primary driver of today’s weakness. Qualcomm faces loss of Apple business, competitive pressures, says Bank of America

Analyst Upgrades and Downgrades

QCOM has been the subject of a number of research analyst reports. Zacks Research lowered shares of Qualcomm from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. Susquehanna lowered Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research note on Thursday, February 5th. Robert W. Baird set a $177.00 price objective on Qualcomm in a research report on Thursday, February 5th. Wall Street Zen lowered Qualcomm from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Finally, Rosenblatt Securities lowered their price objective on Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Qualcomm has an average rating of “Hold” and an average price target of $168.00.

Qualcomm Stock Performance

The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The firm has a market cap of $144.26 billion, a P/E ratio of 27.93, a PEG ratio of 6.78 and a beta of 1.25. The stock’s 50 day moving average is $152.71 and its two-hundred day moving average is $163.11.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same period in the previous year, the business earned $3.41 earnings per share. The company’s quarterly revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, March 5th. Qualcomm’s dividend payout ratio is 73.55%.

Insider Buying and Selling

In other Qualcomm news, EVP Akash J. Palkhiwala sold 10,000 shares of Qualcomm stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the completion of the transaction, the executive vice president directly owned 44,803 shares of the company’s stock, valued at approximately $7,845,901.36. This trade represents a 18.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, the executive vice president owned 16,393 shares in the company, valued at $2,245,841. This represents a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 45,501 shares of company stock valued at $7,784,198. 0.05% of the stock is owned by insiders.

Institutional Trading of Qualcomm

Several large investors have recently added to or reduced their stakes in QCOM. waypoint wealth counsel boosted its stake in Qualcomm by 2.2% in the third quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after purchasing an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. increased its stake in shares of Qualcomm by 1.5% in the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after buying an additional 61 shares in the last quarter. Baron Wealth Management LLC raised its holdings in shares of Qualcomm by 4.5% in the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after buying an additional 62 shares during the last quarter. Certified Advisory Corp lifted its position in Qualcomm by 0.6% during the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after buying an additional 62 shares in the last quarter. Finally, Elser Financial Planning Inc lifted its position in Qualcomm by 3.7% during the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after buying an additional 63 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

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.