Qualcomm (NASDAQ:QCOM) Shares Cross Above 50 Day Moving Average – Time to Sell?

Qualcomm Incorporated (NASDAQ:QCOM)’s share price crossed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $176.11 and traded as high as $181.00. Qualcomm shares last traded at $179.60, with a volume of 9,654,009 shares traded.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm reaffirmed its quarterly dividend of $0.92 per share, with payment scheduled for December 17, supporting the stock’s income-investment appeal and signaling continued confidence in cash generation. Is QUALCOMM Undervalued After Reaffirming Its Dividend?
• Positive Sentiment: Recent trading strength and continued investor interest suggest some buyers view QCOM as undervalued after its pullback. The company’s longer-term shareholder returns and valuation are supporting the recovery. Qualcomm Laps the Stock Market
• Neutral Sentiment: Qualcomm is attracting unusually high investor attention ahead of its earnings update, which could increase volatility as the market assesses demand, margins and guidance. Qualcomm Investor Attention
• Negative Sentiment: Reports that Samsung’s Exynos 2700 may outperform Qualcomm’s chip and appear in the Galaxy S27 series raise concerns about lost smartphone design wins and share pressure in Qualcomm’s core handset business. Samsung Exynos 2700 Report
• Negative Sentiment: Planned worldwide job cuts reflect efforts to control rising costs, but they also point to management caution and potential pressure on near-term growth. Investors are watching whether the savings can offset weaker earnings expectations ahead of the upcoming report. Qualcomm Job Cuts and Earnings Outlook

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Piper Sandler started coverage on shares of Qualcomm in a report on Wednesday, September 9th. They issued a “neutral” rating and a $190.00 target price on the stock. Oppenheimer set a $200.00 price target on shares of Qualcomm in a report on Monday, July 27th. The Goldman Sachs Group set a $160.00 price objective on shares of Qualcomm in a research report on Thursday, July 30th. TD Cowen lifted their price objective on Qualcomm from $175.00 to $200.00 and gave the company a “buy” rating in a report on Monday, October 19th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Qualcomm in a research report on Wednesday, September 9th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Qualcomm has an average rating of “Hold” and an average price target of $205.83.

Qualcomm Trading Up 2.1%

The firm has a market cap of $191.78 billion, a PE ratio of 20.79, a PEG ratio of 3.96 and a beta of 1.65. The business has a 50-day moving average price of $176.11 and a two-hundred day moving average price of $169.41. 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 (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%. The firm had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same period last year, the firm earned $2.77 EPS. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts forecast that Qualcomm Incorporated will post 7.71 EPS for the current year.

Qualcomm Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be given a dividend of $0.92 per share. The ex-dividend date is Thursday, December 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. Qualcomm’s payout ratio is presently 42.59%.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Heather Ace sold 3,200 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the sale, the executive vice president owned 36,535 shares of the company’s stock, valued at $5,372,106.40. This represents a 8.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Grech sold 625 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $162.85, for a total transaction of $101,781.25. Following the completion of the sale, the chief accounting officer owned 208 shares in the company, valued at $33,872.80. This represents a 75.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 33,458 shares of company stock valued at $6,198,144 in the last quarter. 0.05% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Qualcomm

A number of large investors have recently bought and sold shares of the stock. SYM FINANCIAL Corp increased its position in Qualcomm by 43.7% during the 3rd quarter. SYM FINANCIAL Corp now owns 2,636 shares of the wireless technology company’s stock worth $485,000 after purchasing an additional 802 shares in the last quarter. Independence Bank of Kentucky lifted its holdings in Qualcomm by 7.4% in the 3rd quarter. Independence Bank of Kentucky now owns 8,254 shares of the wireless technology company’s stock valued at $1,519,000 after purchasing an additional 570 shares in the last quarter. Ashton Thomas Securities LLC lifted its holdings in Qualcomm by 25.9% in the 3rd quarter. Ashton Thomas Securities LLC now owns 2,032 shares of the wireless technology company’s stock valued at $374,000 after purchasing an additional 418 shares in the last quarter. Center for Financial Planning Inc. boosted its stake in shares of Qualcomm by 104.5% during the 3rd quarter. Center for Financial Planning Inc. now owns 906 shares of the wireless technology company’s stock worth $167,000 after purchasing an additional 463 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in shares of Qualcomm by 16.7% during the 3rd quarter. Park Avenue Securities LLC now owns 40,364 shares of the wireless technology company’s stock worth $7,429,000 after purchasing an additional 5,773 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

About Qualcomm

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.