Cerity Partners LLC Lowers Stock Position in QUALCOMM Incorporated $QCOM

Cerity Partners LLC lessened its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 8.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 495,602 shares of the wireless technology company’s stock after selling 43,485 shares during the quarter. Cerity Partners LLC’s holdings in QUALCOMM were worth $82,446,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. increased its stake in QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 65 shares during the last quarter. Chung Wu Investment Group LLC bought a new position in shares of QUALCOMM during the 2nd quarter valued at about $32,000. Harbor Asset Planning Inc. bought a new position in shares of QUALCOMM during the 2nd quarter valued at about $32,000. Winnow Wealth LLC purchased a new position in shares of QUALCOMM during the 2nd quarter valued at about $32,000. Finally, Lavaca Capital LLC bought a new stake in QUALCOMM in the 2nd quarter worth approximately $32,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM Price Performance

Shares of QCOM stock opened at $180.19 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The firm has a market cap of $192.98 billion, a P/E ratio of 36.85, a P/E/G ratio of 4.00 and a beta of 1.21. The business’s 50 day moving average price is $173.22 and its 200-day moving average price is $165.09. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have commented on QCOM. Bank of America increased their price target on shares of QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Cowen reiterated a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Rosenblatt Securities restated a “buy” rating and set a $225.00 price target on shares of QUALCOMM in a research report on Thursday, November 6th. Mizuho raised their price objective on QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Finally, JPMorgan Chase & Co. boosted their target price on QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $192.94.

Key Headlines Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Qualcomm confirmed talks with Samsung to contract‑manufacture 2nm chips, signaling access to an additional advanced foundry partner and potential production diversification that could support future chip rollouts. Qualcomm in talks with Samsung Electronics for contract manufacturing, South Korean newspaper says
• Positive Sentiment: New product pushes: Qualcomm unveiled the Snapdragon X2 Plus (AI PC focus, improved performance and battery life) and announced the Dragonwing IQ10 robotics platform and a PC chip at CES — moves that broaden revenue exposure beyond phones into AI PCs, automotive and robotics. These are concrete growth catalysts that underpin bullish analyst commentary. Can Qualcomm’s Snapdragon X2 Plus Platform Drive Future Growth? How Qualcomm’s New Dragonwing IQ10 Robotics Platform Has Changed Its Investment Story
• Positive Sentiment: CEO commentary at CES (AI and robotics as major new opportunities) reinforces management’s long‑term strategy to capture AI edge and robotics markets — a thematic positive for revenue diversification and licensing upside. Qualcomm CEO Sees Robotics as the ‘Next Big Wave of AI’
• Neutral Sentiment: Technicals: MarketBeat highlights a tightening wedge and repeated resistance around ~$183; a decisive breakout would be bullish, but the stock has a history of false starts — so near‑term action depends on whether momentum sustains ahead of earnings. Why Qualcomm’s Latest Run at Resistance Has Bulls Paying Attention
• Negative Sentiment: Insider selling: an EVP sold ~3,333 shares in early January — while not large relative to institutional holdings, such disclosures can contribute to short‑term selling pressure and investor caution. QUALCOMM (NASDAQ:QCOM) EVP Akash Palkhiwala Sells 3,333 Shares
• Negative Sentiment: Market reaction: coverage noting that Qualcomm registered a larger decline than the market this session underscores profit‑taking and short‑term volatility following the CES news flow and technical retest. Qualcomm (QCOM) Registers a Bigger Fall Than the Market: Important Facts to Note

Insider Activity

In related news, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction dated 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 transaction, the executive vice president directly owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This represents a 23.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the sale, the executive vice president owned 26,071 shares of the company’s stock, valued at $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 53,155 shares of company stock worth $9,267,593. 0.08% of the stock is owned by company insiders.

QUALCOMM 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.