QUALCOMM Incorporated (NASDAQ:QCOM) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• QUALCOMM has received a consensus rating of "Moderate Buy" from twenty-four analysts, with an average price target of $182.82.
• Insiders have sold a total of 12,626 shares worth approximately $1.95 million over the last three months, indicating a decrease in their holdings.
• The company reported a 10.4% year-over-year revenue increase, with a quarterly earnings per share of $2.77, surpassing analysts' expectations.

QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) has been assigned an average rating of "Moderate Buy" from the twenty-four ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $182.8182.

A number of equities research analysts have recently commented on the stock. Wall Street Zen cut shares of QUALCOMM from a "buy" rating to a "hold" rating in a research note on Sunday, August 3rd. JPMorgan Chase & Co. lifted their price target on shares of QUALCOMM from $190.00 to $200.00 and gave the company an "overweight" rating in a research note on Monday, July 28th. Piper Sandler dropped their price target on shares of QUALCOMM from $190.00 to $175.00 and set an "overweight" rating on the stock in a research note on Thursday, July 31st. Arete raised shares of QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 price target on the stock in a research note on Tuesday, August 26th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $225.00 price target on shares of QUALCOMM in a research note on Thursday, July 31st.

QUALCOMM Stock Performance

Shares of QUALCOMM stock traded down $1.09 during midday trading on Monday, hitting $157.57. The company had a trading volume of 4,560,398 shares, compared to its average volume of 8,289,393. The stock has a market cap of $170.02 billion, a price-to-earnings ratio of 15.21, a PEG ratio of 2.33 and a beta of 1.21. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The company has a fifty day simple moving average of $156.48 and a 200 day simple moving average of $152.04. QUALCOMM has a 12-month low of $120.80 and a 12-month high of $182.10.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.71 by $0.06. The firm had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. QUALCOMM's revenue was up 10.4% on a year-over-year basis. During the same period last year, the firm posted $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, analysts predict that QUALCOMM will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. QUALCOMM's dividend payout ratio (DPR) is currently 34.33%.

Insider Activity at QUALCOMM

In related news, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the sale, the chief accounting officer owned 1,106 shares of the company's stock, valued at approximately $171,230.92. This trade represents a 41.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Heather S. Ace sold 1,600 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $146.40, for a total value of $234,240.00. Following the completion of the transaction, the insider owned 21,193 shares in the company, valued at $3,102,655.20. The trade was a 7.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,626 shares of company stock worth $1,948,054 over the last 90 days. 0.08% of the stock is owned by insiders.

Institutional Investors Weigh In On QUALCOMM

Several institutional investors have recently added to or reduced their stakes in QCOM. Kingstone Capital Partners Texas LLC boosted its holdings in shares of QUALCOMM by 656,661.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company's stock valued at $9,360,274,000 after acquiring an additional 58,764,593 shares during the period. Norges Bank purchased a new stake in shares of QUALCOMM during the second quarter worth approximately $2,713,603,000. Nuveen LLC purchased a new position in QUALCOMM in the first quarter worth $529,713,000. GAMMA Investing LLC boosted its stake in shares of QUALCOMM by 20,700.4% during the first quarter. GAMMA Investing LLC now owns 3,262,754 shares of the wireless technology company's stock valued at $501,192,000 after acquiring an additional 3,247,068 shares during the last quarter. Finally, Amundi boosted its stake in shares of QUALCOMM by 38.2% during the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company's stock valued at $1,866,451,000 after acquiring an additional 3,186,524 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company's stock.

QUALCOMM Company Profile

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.