Spire Wealth Management Lowers Stake in QUALCOMM Incorporated $QCOM

Spire Wealth Management lessened its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 51.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,916 shares of the wireless technology company’s stock after selling 5,260 shares during the period. Spire Wealth Management’s holdings in QUALCOMM were worth $818,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Harbor Capital Advisors Inc. grew its position in shares of 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 purchasing an additional 65 shares during the period. Chung Wu Investment Group LLC acquired a new position in shares of QUALCOMM during the 2nd quarter valued at about $32,000. Harbor Asset Planning Inc. purchased a new position in shares of QUALCOMM during the 2nd quarter worth about $32,000. Winnow Wealth LLC purchased a new stake in QUALCOMM in the second quarter valued at approximately $32,000. Finally, Lavaca Capital LLC acquired a new position in QUALCOMM during the second quarter worth approximately $32,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM Price Performance

Shares of NASDAQ QCOM opened at $177.78 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The company has a market capitalization of $190.40 billion, a price-to-earnings ratio of 36.36, a PEG ratio of 3.89 and a beta of 1.21. The business has a 50-day moving average of $173.25 and a 200-day moving average of $165.44.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS 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 the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company’s revenue was up 10.0% on a year-over-year basis. During the same period last year, the business posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM News Summary

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Analysts are rethinking Qualcomm’s investment story after new AI and Android-related announcements at CES, highlighting stronger on-device AI positioning and a broader competitive footprint that could lift long‑term growth expectations. Read More.
• Positive Sentiment: QCOM expanded automotive wins: a Hyundai Mobis partnership to co-develop software-defined vehicles and ADAS using Snapdragon Ride Flex — this could accelerate recurring software/processor revenue from autos. Read More.
• Positive Sentiment: Qualcomm struck a long‑term supply deal to provide infotainment tech for Volkswagen’s new software platform, reinforcing automotive content gains and multi-year revenue visibility. Read More.
• Positive Sentiment: JPMorgan and other CES takeaways show Qualcomm’s Snapdragon platforms are moving deeper into PCs and high‑end laptops, expanding TAM beyond phones and supporting the company’s diversification narrative. Read More.
• Positive Sentiment: Qualcomm showcased robot and AI compute use cases at CES (and in an investor video explaining humanoid-robot deployments), signaling on-device AI traction that supports higher-margin, software-enabled opportunities. Read More. • Read More.
• Neutral Sentiment: Technicals: MarketBeat notes Qualcomm is pressing a key resistance (~$183) after a tightening wedge; a decisive breakout could be bullish, but failure would keep the stock range‑bound — important near-term chart risk/reward ahead of earnings. Read More.
• Neutral Sentiment: Earnings preview: Analysts expect a modest, single‑digit EPS decline for the coming quarter, making the upcoming report a key catalyst — upside beats could drive a sharp move, misses could amplify downside. Read More.
• Neutral Sentiment: Increased investor attention noted by Zacks — higher search/flow can magnify moves in either direction as earnings approach. Read More.
• Negative Sentiment: Mizuho downgraded Qualcomm citing growing handset headwinds — persistent weakness in smartphone volumes/pricing could pressure near‑term earnings and margins, countering diversification gains. Read More.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the transaction, the executive vice president directly owned 26,071 shares of the company’s stock, valued at $4,640,898.71. This trade represents a 37.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $173.30, for a total transaction of $577,608.90. Following the completion of the sale, the executive vice president owned 38,932 shares in the company, valued at approximately $6,746,915.60. This trade represents a 7.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 53,155 shares of company stock valued at $9,267,593. Company insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on QCOM shares. Mizuho set a $175.00 price target on shares of QUALCOMM and gave the company a “neutral” rating in a report on Friday. UBS Group lifted their target price on QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. Susquehanna set a $210.00 price target on QUALCOMM in a research note on Thursday, November 6th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Finally, Piper Sandler boosted their target price on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Twelve investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $191.56.

About QUALCOMM

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.