QUALCOMM (QCOM) News Today

QUALCOMM Incorporated (QCOM) — Shares are trading higher today on near-term catalysts (a dividend paid and positive market reaction) but several risk signals are also in the tape ahead of November earnings. Investors are watching upcoming results, mounting insider selling, and fresh bearish commentary that could cap upside.

• Positive Sentiment: Board-approved quarterly dividend announced (annualized $3.56 / ~2.1% yield), which traders said supported the recent upside in QCOM shares. Dividend Announcement
• Neutral Sentiment: MarketBeat note lays out two trading approaches into November earnings — buy-the-dip on expected beats or wait for a clean breakout above resistance near $180. This frames earnings as the next major catalyst. 2 Ways to Trade Qualcomm Ahead of November’s Earnings
• Neutral Sentiment: Lobbying disclosures show $1.59M spent on policy areas (connected/autonomous vehicles, AI/immersive tech, transportation funding). Not an immediate revenue driver but signals continued strategic focus on automotive and AI policy tailwinds. The filing also highlights extensive insider selling activity. Lobbying Update
• Negative Sentiment: Bear-case writeups (Irrational Analysis summarized by outlets) argue Qualcomm’s historical underperformance and valuation tail risks remain — these narratives can pressure sentiment if upcoming results don’t materially accelerate growth. Bear Case Theory
• Negative Sentiment: CFO Akash Palkhiwala sold 8,335 shares (~$1.38M) on Oct 20; Quiver Quant data show broad insider selling (multiple execs, zero recent insider purchases). Persistent insider sales increase perceived governance/near-term conviction risk for some investors. Insider Selling