Qualcomm (NASDAQ:QCOM) Trading Up 1.1% – Here’s Why

Posted by Francis Steltz on Aug 21st, 2026

Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report)’s share price traded up 1.1% during mid-day trading on Wednesday . The company traded as high as $166.50 and last traded at $161.91. Approximately 8,073,214 shares traded hands during trading, a decline of 50% from the average session volume of 15,995,854 shares. The stock had previously closed at $160.19.

Analysts Set New Price Targets

QCOM has been the subject of several analyst reports. TD Cowen dropped their target price on shares of Qualcomm from $225.00 to $175.00 and set a “buy” rating for the company in a research report on Thursday, July 30th. Bank of America boosted their price target on Qualcomm from $165.00 to $195.00 and gave the stock an “underperform” rating in a report on Tuesday, June 23rd. BNP Paribas Exane downgraded Qualcomm to a “neutral” rating in a research note on Wednesday, April 29th. Monness Crespi & Hardt raised shares of Qualcomm to a “buy” rating in a report on Thursday, June 25th. Finally, Barclays reissued an “underweight” rating and issued a $180.00 price objective on shares of Qualcomm in a research note on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Qualcomm has an average rating of “Hold” and a consensus target price of $203.63.

Check Out Our Latest Report on QCOM

Qualcomm Stock Up 0.0%

The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The stock’s 50-day moving average price is $179.28 and its 200-day moving average price is $168.07. The company has a market cap of $168.82 billion, a P/E ratio of 18.61, a PEG ratio of 14.95 and a beta of 1.65.

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

Qualcomm Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be paid a $0.92 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.3%. Qualcomm’s dividend payout ratio is 42.59%.

Insiders Place Their Bets

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the transaction, the executive vice president owned 36,535 shares in the company, valued at $5,372,106.40. This represents a 8.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total value of $408,150.00. Following the completion of the transaction, the executive vice president owned 20,684 shares in the company, valued at approximately $3,376,869.84. The trade was a 10.78% decrease in their position. 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 sold a total of 10,700 shares of company stock valued at $1,824,078 over the last three months. 0.05% of the stock is currently owned by insiders.

Institutional Trading of Qualcomm

Institutional investors have recently modified their holdings of the business. Your Advocates Ltd. LLP purchased a new position in Qualcomm during the first quarter valued at approximately $26,000. Torren Management LLC purchased a new position in Qualcomm in the fourth quarter worth $29,000. Caitong International Asset Management Co. Ltd raised its position in 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. Birchwood Financial Partners Inc. purchased a new stake in Qualcomm in the fourth quarter worth approximately $31,000. Finally, Commonwealth Retirement Investments LLC bought a new position in shares of Qualcomm during the 4th quarter valued at $32,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

About Qualcomm

(Get Free Report)

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.