Mizuho Lowers QUALCOMM (NASDAQ:QCOM) Price Target to $140.00

QUALCOMM (NASDAQ:QCOM) had its price objective cut by stock analysts at Mizuho from $160.00 to $140.00 in a report released on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the wireless technology company’s stock. Mizuho’s target price suggests a potential upside of 1.94% from the company’s current price.

Other analysts have also issued research reports about the company. Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. Citigroup reaffirmed a “neutral” rating on shares of QUALCOMM in a research report on Thursday, January 15th. JPMorgan Chase & Co. increased their price target on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. TD Cowen cut their price target on QUALCOMM from $190.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Zacks Research cut shares of QUALCOMM from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $167.68.

QUALCOMM Stock Up 0.8%

NASDAQ:QCOM opened at $137.34 on Thursday. The stock has a fifty day simple moving average of $167.14 and a 200-day simple moving average of $164.91. The company has a current ratio of 2.51, a quick ratio of 2.10 and a debt-to-equity ratio of 0.64. The company has a market cap of $146.54 billion, a price-to-earnings ratio of 28.38, a price-to-earnings-growth ratio of 3.05 and a beta of 1.22. QUALCOMM has a twelve month low of $120.80 and a twelve month high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.38 by $0.12. The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The firm’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm posted $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Analysts anticipate that QUALCOMM will post 9.39 EPS for the current year.

Insider Activity

In related news, EVP Akash J. Palkhiwala sold 10,000 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the transaction, the executive vice president directly owned 44,803 shares in the company, valued at $7,845,901.36. The trade was a 18.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 sale, the executive vice president owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. This trade represents a 23.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 43,017 shares of company stock valued at $7,462,875 over the last three months. Company insiders own 0.05% of the company’s stock.

Institutional Trading of QUALCOMM

A number of institutional investors have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. raised its holdings 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 worth $26,000 after buying an additional 65 shares during the last quarter. Cloud Capital Management LLC acquired a new position in shares of QUALCOMM in the 3rd quarter valued at $27,000. Richardson Financial Services Inc. increased its position in shares of QUALCOMM by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after acquiring an additional 80 shares during the period. Torren Management LLC purchased a new position in QUALCOMM in the 4th quarter worth $29,000. Finally, Harbor Asset Planning Inc. acquired a new stake in QUALCOMM during the 2nd quarter worth about $32,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

QUALCOMM News Roundup

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Q1 beat — Qualcomm reported adjusted EPS of $3.50 and strong revenue in automotive/handsets, beating consensus and showing demand in non‑handset end markets. Qualcomm Surpasses Q1 Earnings
• Positive Sentiment: Analysts still see upside — Several firms cut price targets but kept positive stances (Argus lowered PT to $180, JPMorgan to $185, Rosenblatt reiterated buy), leaving multi‑dozen percent upside from current levels according to those shops; this supports short‑covering/relief buying. Analyst Price Target Changes
• Neutral Sentiment: Market view is mixed/hold consensus — Broker consensus sits around “Hold” as firms reassess forward visibility; that keeps headline analyst guidance fragmented and can sustain volatility until memory supply clarity arrives. Consensus Rating of Hold
• Neutral Sentiment: Technicals/positioning matter — Coverage notes Qualcomm has moved back to 2020 price levels and is extremely oversold; that can produce sharp, short‑term bounces even if fundamentals remain challenged. Qualcomm Is Back at 2020 Levels
• Negative Sentiment: Weak Q2 guidance driven by memory shortage — Management warned memory constraints will limit handset shipments and revenue in the near term; that outlook triggered the large post‑earnings drop and remains the main fundamental headwind. Memory Shortage Report
• Negative Sentiment: Analyst cuts and downgrades — Some firms (Evercore cut PT to $134, Bank of America moved to neutral) reduced forecasts after the cautious outlook, increasing near‑term downside risk if memory issues persist. Analyst Forecast Cuts
• Negative Sentiment: Volatility risk remains high — The combination of supply uncertainty, heavy post‑earnings selling, and mixed analyst views means QCOM can swing sharply; expect elevated intraday moves and headline sensitivity until memory supply trends or handset orders normalize. CNBC Coverage of Selloff

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.