QUALCOMM (NASDAQ:QCOM) Downgraded to Neutral Rating by Daiwa Securities Group

Daiwa Securities Group lowered shares of QUALCOMM (NASDAQ:QCOM) from an outperform rating to a neutral rating in a research note published on Wednesday morning, MarketBeat Ratings reports. They currently have $140.00 price objective on the wireless technology company’s stock.

A number of other research analysts have also commented on QCOM. Morgan Stanley started coverage on QUALCOMM in a report on Tuesday. They set an “underweight” rating and a $132.00 price target on the stock. Mizuho dropped their price target on shares of QUALCOMM from $160.00 to $140.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. UBS Group reiterated a “neutral” rating on shares of QUALCOMM in a report on Monday, February 2nd. Citigroup reissued a “neutral” rating on shares of QUALCOMM in a report on Thursday, January 15th. Finally, Susquehanna downgraded QUALCOMM from a “positive” rating to a “neutral” rating and set a $140.00 target price for the company. in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $164.67.

QUALCOMM Stock Performance

QCOM stock traded down $0.66 during mid-day trading on Wednesday, reaching $140.38. The company had a trading volume of 1,246,019 shares, compared to its average volume of 10,432,569. QUALCOMM has a one year low of $120.80 and a one year high of $205.95. The stock has a market capitalization of $149.78 billion, a P/E ratio of 29.00, a P/E/G ratio of 6.93 and a beta of 1.22. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The stock’s 50-day simple moving average is $165.26 and its two-hundred day simple moving average is $164.56.

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, topping analysts’ consensus estimates of $3.38 by $0.12. The business had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. The ex-dividend date is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.5%. QUALCOMM’s payout ratio is currently 73.55%.

Insiders Place Their Bets

In other QUALCOMM news, EVP Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the transaction, the executive vice president directly owned 35,599 shares in the company, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value of $1,278,255.40. Following the completion of the sale, the executive vice president owned 23,944 shares of the company’s stock, valued at $4,262,750.32. The trade was a 23.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 46,217 shares of company stock worth $7,901,275 in the last quarter. Corporate insiders own 0.05% of the company’s stock.

Institutional Trading of QUALCOMM

Several hedge funds and other institutional investors have recently modified their holdings of QCOM. waypoint wealth counsel boosted its position in QUALCOMM by 2.2% during 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 during the period. Greykasell Wealth Strategies Inc. boosted its stake in QUALCOMM by 1.5% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after purchasing an additional 61 shares during the period. Baron Wealth Management LLC increased its position in QUALCOMM by 4.5% in the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock worth $238,000 after buying an additional 62 shares during the period. Certified Advisory Corp grew its stake in shares of QUALCOMM by 0.6% in the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after acquiring an additional 62 shares during the last quarter. Finally, Avion Wealth raised its stake in QUALCOMM by 16.7% during the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock valued at $70,000 after purchasing an additional 63 shares during the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: DZ Bank upgraded QCOM to a “strong‑buy,” a clear buy-side endorsement that can support further upside as investors chase analyst conviction. Zacks.com
• Positive Sentiment: Piper Sandler reiterated an overweight/positive stance after Qualcomm beat estimates, which reinforces the message that the company’s earnings can still attract growth-focused investors despite recent volatility. Qualcomm beats estimates (MSN)
• Positive Sentiment: Market commentary says QCOM is deeply oversold and technical indicators (RSI) are turning higher, arguing the stock may be due for a bounce and highlighting several bullish analyst targets well above current levels. (MarketBeat analysis)
• Neutral Sentiment: UBS kept a Neutral rating but cut its price target from $185 to $160, signaling caution on near‑term visibility while keeping the stock in the investment mix. UBS rating (InsiderMonkey)
• Neutral Sentiment: Mizuho also trimmed its target to $160, reflecting similar analyst conservatism on near‑term handset exposure and guidance sensitivity. (reported alongside other coverage)
• Neutral Sentiment: Coverage pieces and earnings‑call writeups (e.g., “5 revealing analyst questions”) keep investor attention on management’s commentary and guidance detail — these are information catalysts that can add volatility but not a one‑way bias. Earnings call Q&A (MSN)
• Negative Sentiment: Daiwa Securities/America downgraded Qualcomm (from strong‑buy/outperform to hold/neutral), and one Daiwa note set a $140 target — downgrades and targets near the current price increase selling pressure and signal lower conviction among some institutional analysts. Daiwa downgrade (Zacks/Finviz)
• Negative Sentiment: Additional negative sentiment items include bearish commentary pieces (e.g., “Bear of the Day”) that can amplify short‑term selling or deter new buyers while guidance and handset exposure remain uncertain. Bear of the Day (Sharewise)

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.