Qualcomm (NASDAQ:QCOM) Shares Up 1.7% – What’s Next?

Qualcomm Incorporated (NASDAQ:QCOM)’s stock price rose 1.7% on Tuesday . The stock traded as high as $134.05 and last traded at $131.59. Approximately 10,373,780 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 10,328,680 shares. The stock had previously closed at $129.39.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm unveiled a $20 billion stock buyback (on top of an existing $2.1 billion repurchase authority), which should support EPS, signal capital-return focus, and provide near-term demand for the shares. Chipmaker Qualcomm unveils $20 billion stock buyback program
• Positive Sentiment: Partnership with Wayve to deliver a pre-integrated automotive AI driving stack highlights progress in automotive ADAS/AV opportunities — a key growth avenue that helps diversify revenue beyond smartphones. Qualcomm And Wayve Target Automotive AI Revenue With Integrated Driving Stack
• Positive Sentiment: Analyses note that strength in automotive and IoT businesses is offsetting smartphone weakness, supporting revenue resilience and longer-term growth optionality. Qualcomm: Smartphone Weakness Offset By Automotive And IoT Strength
• Positive Sentiment: Some commentators argue QCOM may be undervalued after the recent pullback given cash yields, solid fundamentals and the company’s ability to return capital. This frames the buyback as a catalyst for potential re-rating. Is Qualcomm Stock Undervalued?
• Neutral Sentiment: QCOM is a trending stock with heightened investor attention; read-up articles summarize key metrics and risks before positioning. QUALCOMM Incorporated (QCOM) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Multiple recent analyst downgrades cite shrinking market and memory-related headwinds; these calls add selling pressure and raise near-term concerns on demand for Qualcomm’s core mobile products. Qualcomm downgraded at Seaport on shrinking market, memory crunch
• Negative Sentiment: Commentary highlights a recent multi-day losing streak and about $9 billion of market cap erosion, signaling that “big money” has been cautious and sentiment remains fragile. Why Big Money Is Steering Clear Of Qualcomm Stock This Week
• Negative Sentiment: Repeated negative analyst notes (third negative call in ~60 days) and articles asking if it’s time to “reconsider” QCOM reflect elevated short-term risk and could cap upside until clearer demand signals emerge. Qualcomm (QCOM) Stock Receives Third Negative Analyst Call in 60 Days

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. UBS Group reaffirmed a “neutral” rating on shares of Qualcomm in a research report on Monday, February 2nd. Cantor Fitzgerald lowered their price objective on Qualcomm from $185.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Piper Sandler reissued an “overweight” rating and set a $200.00 target price on shares of Qualcomm in a research note on Thursday, February 5th. Daiwa Securities Group downgraded Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 target price on the stock. in a research report on Wednesday, February 11th. Finally, TD Cowen lowered their price target on Qualcomm from $190.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $168.00.

Qualcomm Trading Up 1.7%

The business has a 50-day moving average of $148.60 and a 200-day moving average of $162.16. The stock has a market capitalization of $140.41 billion, a price-to-earnings ratio of 27.19 and a beta of 1.25. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, research analysts forecast that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.7%. Qualcomm’s dividend payout ratio is 73.55%.

Insiders Place Their Bets

In other news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the sale, the executive vice president owned 35,599 shares of the company’s stock, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 22,404 shares of company stock valued at $3,672,557. 0.05% of the stock is owned by company insiders.

Hedge Funds Weigh In On Qualcomm

Several institutional investors have recently added to or reduced their stakes in the stock. Westerkirk Capital Inc. acquired a new stake in shares of Qualcomm in the 2nd quarter valued at approximately $4,539,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in Qualcomm in the second quarter worth $3,896,000. Inscription Capital LLC lifted its holdings in Qualcomm by 58.1% in the third quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock valued at $2,172,000 after acquiring an additional 4,799 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Qualcomm by 1.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company’s stock valued at $167,082,000 after acquiring an additional 16,738 shares during the period. Finally, Simplify Asset Management Inc. purchased a new stake in shares of Qualcomm during the 3rd quarter worth $725,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

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.