QUALCOMM (NASDAQ:QCOM) Trading Down 1.2% - Should You Sell?

Key Points

• QUALCOMM's stock traded down 1.2% to $156.92, with trading volume significantly below its average, indicating diminished investor interest during the session.
• Recent analyst ratings reflect mixed sentiments, with targets ranging from $175.00 to $200.00, while the consensus target price stands at $181.10.
• QUALCOMM recently reported a 10.4% year-over-year revenue increase for the quarter, generating $10.37 billion and surpassing analysts' expectations.

QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) traded down 1.2% during mid-day trading on Tuesday . The stock traded as low as $156.36 and last traded at $156.92. 1,292,545 shares were traded during mid-day trading, a decline of 85% from the average session volume of 8,387,163 shares. The stock had previously closed at $158.90.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on QCOM shares. Mizuho decreased their price target on QUALCOMM from $190.00 to $185.00 and set an "outperform" rating on the stock in a research report on Thursday, July 31st. JPMorgan Chase & Co. upped their price target on QUALCOMM from $190.00 to $200.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Piper Sandler decreased their price target on QUALCOMM from $190.00 to $175.00 and set an "overweight" rating on the stock in a research report on Thursday, July 31st. Citigroup restated a "hold" rating on shares of QUALCOMM in a research report on Thursday, July 17th. Finally, UBS Group upped their price objective on shares of QUALCOMM from $145.00 to $165.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Eleven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $181.10.

QUALCOMM Stock Performance

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 market cap of $168.99 billion, a P/E ratio of 15.11, a P/E/G ratio of 2.30 and a beta of 1.23. The business has a fifty day moving average of $155.80 and a 200 day moving average of $153.38.

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

QUALCOMM Dividend Announcement

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

Insider Buying and Selling

In related news, CFO Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $148.10, for a total value of $493,617.30. Following the completion of the sale, the chief financial officer directly owned 43,207 shares in the company, valued at approximately $6,398,956.70. This trade represents a 7.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Inc/De Qualcomm sold 412,500 shares of the firm's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $16.00, for a total value of $6,600,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 424,099 shares of company stock worth $8,352,355. 0.08% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Banque Transatlantique SA purchased a new position in QUALCOMM in the 4th quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC lifted its holdings in QUALCOMM by 70.0% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company's stock worth $26,000 after purchasing an additional 70 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its holdings in QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company's stock worth $26,000 after purchasing an additional 93 shares in the last quarter. WFA Asset Management Corp bought a new stake in QUALCOMM in the 1st quarter worth approximately $27,000. Finally, Sunbeam Capital Management LLC bought a new stake in QUALCOMM in the 4th quarter worth approximately $29,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

About QUALCOMM

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.

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