Weiss Ratings Reaffirms "Hold (C+)" Rating for QUALCOMM (NASDAQ:QCOM)

Key Points

• Weiss Ratings has reaffirmed a "Hold (C+)" rating for QUALCOMM (NASDAQ: QCOM), while other firms have given varied ratings ranging from "Strong Buy" to "Sell".
• QUALCOMM reported a Q3 EPS of $2.77, exceeding expectations, and revenue of $10.37 billion, showcasing a growth of 10.4% year-over-year.
• The company's stock has a current price target consensus of $182.82 and is marked as a "Moderate Buy" by analysts.

QUALCOMM (NASDAQ:QCOM - Get Free Report)'s stock had its "hold (c+)" rating restated by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

A number of other research firms have also recently commented on QCOM. JPMorgan Chase & Co. upped their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Mizuho lowered their price objective on shares of QUALCOMM from $190.00 to $185.00 and set an "outperform" rating for the company in a research report on Thursday, July 31st. Rosenblatt Securities restated a "buy" rating and issued a $225.00 price objective on shares of QUALCOMM in a research report on Thursday, July 31st. Arete Research set a $200.00 price objective on shares of QUALCOMM in a research report on Tuesday, August 26th. Finally, UBS Group upped their price objective on shares of QUALCOMM from $145.00 to $165.00 and gave the company a "neutral" rating in a research report on Monday, July 21st. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, QUALCOMM currently has a consensus rating of "Moderate Buy" and a consensus price target of $182.82.

QUALCOMM Stock Performance

Shares of QUALCOMM stock opened at $167.77 on Wednesday. The firm has a fifty day moving average of $159.90 and a two-hundred day moving average of $153.49. The stock has a market capitalization of $181.02 billion, a price-to-earnings ratio of 16.18, a PEG ratio of 2.41 and a beta of 1.23. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $182.10. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last issued its earnings results 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 company had revenue of $10.37 billion during the quarter, compared to analysts' expectations of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, equities research analysts predict that QUALCOMM will post 9.39 EPS for the current year.

Insider Transactions at QUALCOMM

In related news, CAO Patricia Y. Grech sold 273 shares of the company's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $161.42, for a total value of $44,067.66. Following the completion of the transaction, the chief accounting officer directly owned 404 shares of the company's stock, valued at approximately $65,213.68. This represents a 40.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the company's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total transaction of $522,814.38. Following the completion of the transaction, the chief financial officer directly owned 39,874 shares of the company's stock, valued at approximately $6,254,635.64. The trade was a 7.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 159,767 shares of company stock worth $26,322,745. Company insiders own 0.08% of the company's stock.

Hedge Funds Weigh In On QUALCOMM

A number of large investors have recently modified their holdings of the business. Avion Wealth boosted its stake in shares of QUALCOMM by 16.7% during the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company's stock worth $70,000 after buying an additional 63 shares during the last quarter. Insight Advisors LLC PA raised its holdings in shares of QUALCOMM by 1.8% in the 2nd quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company's stock valued at $556,000 after purchasing an additional 63 shares during the period. Capital Advantage Inc. raised its holdings in shares of QUALCOMM by 2.8% in the 2nd quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company's stock valued at $375,000 after purchasing an additional 64 shares during the period. Rise Advisors LLC raised its holdings in shares of QUALCOMM by 6.7% in the 1st quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company's stock valued at $161,000 after purchasing an additional 66 shares during the period. Finally, Bell Investment Advisors Inc raised its holdings in shares of QUALCOMM by 4.6% in the 1st quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company's stock valued at $231,000 after purchasing an additional 66 shares during the period. 74.35% of the stock is currently owned by institutional investors and hedge funds.

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.

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