Qualcomm (NASDAQ:QCOM) Stock Price Up 1.3% – Still a Buy?

Posted by George Bondi on Aug 25th, 2026

Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report)’s stock price shot up 1.3% during mid-day trading on Tuesday . The company traded as high as $161.79 and last traded at $160.56. 11,402,484 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 15,841,264 shares. The stock had previously closed at $158.53.

Analyst Upgrades and Downgrades

Several research firms have issued reports on QCOM. HSBC reaffirmed a “hold” rating on shares of Qualcomm in a research note on Wednesday, July 15th. Royal Bank Of Canada decreased their target price on shares of Qualcomm from $250.00 to $160.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 30th. Daiwa Securities Group upgraded Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price objective on the stock in a report on Friday, May 8th. Cantor Fitzgerald dropped their target price on Qualcomm from $200.00 to $165.00 and set a “neutral” rating for the company in a research note on Monday, July 27th. Finally, Sanford C. Bernstein set a $165.00 price target on Qualcomm in a research note on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $203.63.

Check Out Our Latest Stock Analysis on QCOM

Qualcomm Stock Performance

The stock’s 50 day moving average price is $177.01 and its 200 day moving average price is $168.20. 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 firm has a market cap of $168.63 billion, a PE ratio of 18.58, a P/E/G ratio of 14.84 and a beta of 1.65.

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

Qualcomm Announces Dividend

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

Insider Buying and Selling at Qualcomm

In other Qualcomm news, CAO Patricia Y. Grech sold 625 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $162.85, for a total value of $101,781.25. Following the sale, the chief accounting officer directly owned 208 shares of the company’s stock, valued at $33,872.80. This trade represents a 75.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’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 transaction of $408,150.00. Following the completion of the sale, the executive vice president owned 20,684 shares in the company, valued at $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 11,325 shares of company stock worth $1,925,859 over the last 90 days. Insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Qualcomm

A number of institutional investors have recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP acquired a new position in shares of Qualcomm in the 1st quarter worth approximately $26,000. Torren Management LLC acquired a new stake in Qualcomm during the fourth quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd lifted its stake 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 during the last quarter. Birchwood Financial Partners Inc. bought a new stake in Qualcomm during the fourth quarter worth approximately $31,000. Finally, Commonwealth Retirement Investments LLC acquired a new position in Qualcomm in the fourth quarter worth approximately $32,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

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.