Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report) EVP Akash Palkhiwala sold 2,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $211.90, for a total value of $529,750.00. Following the sale, the executive vice president owned 28,184 shares in the company, valued at approximately $5,972,189.60. The trade was a 8.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Qualcomm Trading Up 1.4%
QCOM stock traded up $2.90 during mid-day trading on Wednesday, reaching $213.21. 26,153,110 shares of the stock traded hands, compared to its average volume of 14,823,913. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $247.90. The stock’s fifty day moving average is $143.44 and its 200-day moving average is $157.02. The company has a market cap of $224.72 billion, a P/E ratio of 23.18, a P/E/G ratio of 29.42 and a beta of 1.49. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54.
Qualcomm (NASDAQ:QCOM – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The business had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm’s revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts expect that Qualcomm Incorporated will post 7.99 earnings per share for the current year.
Qualcomm Increases Dividend
Qualcomm announced that its Board of Directors has approved a stock buyback plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to reacquire up to 14.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.
Qualcomm News Roundup
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm’s new Snapdragon 6 Gen 5 and related mobile platforms could support smartphone demand by adding AI-powered features to next-generation devices. QUALCOMM Incorporated (QCOM) Eyes Smartphone Growth with New Snapdragon Platforms
- Positive Sentiment: Investors are increasingly betting Qualcomm can grow beyond phones into AI infrastructure, helped by its hyperscaler win and broader AI ambitions. Qualcomm Stock Doubles: New Era? Or Another False Start?
- Positive Sentiment: Semiconductor stocks, including Qualcomm, rose as chip CEOs joined President Trump on a China summit, raising hopes for easing tariffs and improved access to Chinese demand. These Chip Stocks Are Rising as CEOs Join Trump at China Summit
- Positive Sentiment: Wall Street continues to see upside from Qualcomm’s AI expansion, with Tigress Financial raising its price target and reiterating a Buy rating. Tigress Financial Partners Reaffirms Buy Rating on QUALCOMM (QCOM) Amid AI Expansion
- Neutral Sentiment: Some analysts remain cautious on Qualcomm’s near-term outlook, suggesting the stock’s big move may already reflect much of the good news. Wall Street analysts update Qualcomm’s stock price target for the next 12 months
- Negative Sentiment: Recent pullbacks in the broader chip trade and profit-taking in AI names have pressured Qualcomm at times, reminding investors that momentum can reverse quickly. Qualcomm drops 13% as chip stocks pull back from record AI-driven rally
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on QCOM shares. Tigress Financial upped their price target on shares of Qualcomm from $270.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Citigroup upped their price target on shares of Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a research report on Thursday, April 30th. Craig Hallum upgraded shares of Qualcomm to a “buy” rating in a research report on Friday, May 8th. DZ Bank downgraded shares of Qualcomm from a “buy” rating to a “hold” rating and set a $195.00 price target for the company. in a research report on Friday, May 8th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $160.00 price target on shares of Qualcomm in a research report on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $180.37.
Get Our Latest Analysis on Qualcomm
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. World Investment Advisors increased its stake in shares of Qualcomm by 14.3% during the 4th quarter. World Investment Advisors now owns 64,911 shares of the wireless technology company’s stock worth $11,103,000 after purchasing an additional 8,130 shares during the last quarter. Swedbank AB boosted its holdings in shares of Qualcomm by 1.5% during the 4th quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company’s stock worth $262,291,000 after buying an additional 23,110 shares during the period. NBC Securities Inc. boosted its holdings in shares of Qualcomm by 47.5% during the 4th quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock worth $3,197,000 after buying an additional 6,018 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of Qualcomm by 5.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 143,690 shares of the wireless technology company’s stock worth $24,578,000 after buying an additional 7,804 shares during the period. Finally, Valley Wealth Managers Inc. boosted its holdings in shares of Qualcomm by 6.1% during the 4th quarter. Valley Wealth Managers Inc. now owns 40,009 shares of the wireless technology company’s stock worth $6,844,000 after buying an additional 2,288 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.
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.
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