Rosenblatt Securities Issues Pessimistic Forecast for QUALCOMM (NASDAQ:QCOM) Stock Price

QUALCOMM (NASDAQ:QCOM) had its price target decreased by stock analysts at Rosenblatt Securities from $225.00 to $190.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the wireless technology company’s stock. Rosenblatt Securities’ price target would indicate a potential upside of 38.34% from the stock’s current price.

Several other equities analysts have also issued reports on QCOM. Cantor Fitzgerald reduced their price target on QUALCOMM from $185.00 to $160.00 and set a “neutral” rating on the stock in a research report on Monday. Piper Sandler raised their target price on shares of QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Mizuho decreased their target price on shares of QUALCOMM from $175.00 to $160.00 and set a “neutral” rating on the stock in a research note on Monday, January 26th. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. Finally, Bank of America cut shares of QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 price objective on the stock. in a research report on Thursday. Ten research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $167.68.

QUALCOMM Price Performance

QCOM stock opened at $137.34 on Thursday. The firm has a market cap of $146.54 billion, a P/E ratio of 28.38, a P/E/G ratio of 3.05 and a beta of 1.22. The firm’s fifty day moving average is $167.14 and its 200 day moving average is $164.91. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $205.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.10 and a current ratio of 2.51.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.12. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. During the same period in the prior year, the business posted $3.41 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Research analysts predict that QUALCOMM will post 9.39 earnings per share for the current year.

Insider Transactions at QUALCOMM

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the sale, the executive vice president directly owned 35,599 shares of the company’s stock, valued at $4,900,202.35. This represents a 8.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the transaction, the executive vice president owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 43,017 shares of company stock valued at $7,462,875 in the last three months. Company insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On QUALCOMM

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Associated Banc Corp increased its stake in shares of QUALCOMM by 11.6% during the fourth quarter. Associated Banc Corp now owns 1,882 shares of the wireless technology company’s stock valued at $322,000 after purchasing an additional 195 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of QUALCOMM by 19.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 10,309 shares of the wireless technology company’s stock worth $1,763,000 after buying an additional 1,669 shares during the last quarter. Delta Financial Advisors LLC increased its position in QUALCOMM by 4.8% during the 4th quarter. Delta Financial Advisors LLC now owns 4,127 shares of the wireless technology company’s stock valued at $706,000 after buying an additional 190 shares in the last quarter. Cumberland Partners Ltd purchased a new position in QUALCOMM during the fourth quarter valued at $966,000. Finally, Americana Partners LLC boosted its holdings in QUALCOMM by 1.8% in the fourth quarter. Americana Partners LLC now owns 10,576 shares of the wireless technology company’s stock worth $1,809,000 after acquiring an additional 182 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM News Summary

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.