QUALCOMM Incorporated (NASDAQ:QCOM) Given Average Rating of “Moderate Buy” by Brokerages

QUALCOMM Incorporated (NASDAQ:QCOM) has been given an average recommendation of “Moderate Buy” by the twenty-one analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $192.9444.

Several equities research analysts have recently commented on QCOM shares. JPMorgan Chase & Co. lifted their price objective on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Citigroup raised their price objective on shares of QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Arete Research set a $200.00 price target on QUALCOMM in a research note on Tuesday, August 26th. TD Cowen boosted their price target on shares of QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Finally, Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th.

QUALCOMM Trading Down 1.8%

NASDAQ QCOM opened at $176.12 on Wednesday. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $205.95. The company has a 50 day moving average price of $171.15 and a 200 day moving average price of $162.75. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The firm has a market cap of $188.62 billion, a PE ratio of 36.02, a price-to-earnings-growth ratio of 3.93 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The firm had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, sell-side analysts forecast that QUALCOMM will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a $0.89 dividend. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.0%. QUALCOMM’s dividend payout ratio is presently 72.80%.

Insider Buying and Selling

In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of QUALCOMM stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer directly owned 149,304 shares of the company’s stock, valued at $24,718,770.24. The trade was a 50.12% 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. Also, CAO Patricia Y. Grech sold 203 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 164,388 shares of company stock worth $27,248,752 in the last three months. Company insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. FNY Investment Advisers LLC acquired a new position in QUALCOMM during the 3rd quarter worth about $166,000. Hudson Bay Capital Management LP lifted its holdings in QUALCOMM by 2,979.9% during the 3rd quarter. Hudson Bay Capital Management LP now owns 165,328 shares of the wireless technology company’s stock worth $27,504,000 after buying an additional 159,960 shares during the last quarter. Saranac Partners Ltd acquired a new position in QUALCOMM in the third quarter valued at approximately $5,045,000. IFP Advisors Inc boosted its holdings in shares of QUALCOMM by 4.5% in the 3rd quarter. IFP Advisors Inc now owns 17,377 shares of the wireless technology company’s stock valued at $2,891,000 after buying an additional 747 shares in the last quarter. Finally, Steadtrust LLC boosted its stake in QUALCOMM by 2.4% in the third quarter. Steadtrust LLC now owns 10,964 shares of the wireless technology company’s stock valued at $1,824,000 after acquiring an additional 259 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

About QUALCOMM

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.