Qualcomm (NASDAQ:QCOM) Trading 2.1% Higher – Time to Buy?

Qualcomm Incorporated (NASDAQ:QCOM)’s stock price rose 2.1% during mid-day trading on Tuesday . The stock traded as high as $199.15 and last traded at $198.27. Approximately 11,445,104 shares traded hands during trading, a decline of 27% from the average session volume of 15,723,769 shares. The stock had previously closed at $194.23.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm, Lumentum and Corning demonstrated a 1060-nanometer optical die-to-die interconnect designed to replace copper links inside AI servers. The technology could position Qualcomm to benefit from rising demand for faster, lower-latency data movement between processors and broaden its addressable market beyond handsets. Lumentum, Qualcomm, Corning to Showcase Optical D2D Interconnect for AI
• Positive Sentiment: The AI-interconnect announcement has encouraged investors to view Qualcomm as a potential beneficiary of data-center and high-performance-computing expansion. Analysts also point to two custom data-center wins that management expects to begin generating revenue in the December quarter. Qualcomm Jumps 7% as AI Interconnect Demo Points Past Handsets
• Positive Sentiment: Qualcomm is scheduled to pay its regular dividend this week, providing a near-term shareholder return and reinforcing the stock’s income appeal. Qualcomm to Pay Dividends This Week
• Neutral Sentiment: Lower oil prices and Treasury yields, renewed optimism about AI spending, and potentially constructive U.S.-China trade talks have supported broader technology and semiconductor sentiment. These macro factors may help Qualcomm because of its China exposure, but they do not change company-specific fundamentals. Qualcomm Stock Jumps as AI Rally Returns
• Negative Sentiment: Investors remain focused on execution risk. Qualcomm’s smartphone business faces pressure from Apple’s efforts to develop more in-house components, while the data-center opportunity is still emerging and must prove it can offset handset-related weakness. The stock’s rally has also increased valuation and profit-taking risk ahead of the Snapdragon Summit. Can Cars and Data Centers Carry Qualcomm Stock Past Apple?

Analyst Ratings Changes

A number of research analysts recently commented on QCOM shares. Bank of America increased their target price on shares of Qualcomm from $165.00 to $195.00 and gave the company an “underperform” rating in a research report on Tuesday, June 23rd. Dbs Bank upgraded shares of Qualcomm to a “moderate buy” rating in a research note on Tuesday, July 7th. KeyCorp restated a “sector weight” rating on shares of Qualcomm in a research note on Wednesday, September 9th. Raymond James Financial initiated coverage on shares of Qualcomm in a report on Thursday, June 25th. They issued a “strong-buy” rating for the company. Finally, The Goldman Sachs Group set a $160.00 price target on Qualcomm in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $204.10.

Qualcomm Stock Up 2.1%

The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $208.23 billion, a price-to-earnings ratio of 22.95, a PEG ratio of 3.70 and a beta of 1.68. The firm’s 50 day simple moving average is $168.32 and its 200-day simple moving average is $172.84.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). The firm had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The firm’s revenue was down 4.0% on a year-over-year basis. During the same quarter last year, the business posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, sell-side analysts anticipate that Qualcomm Incorporated will post 7.74 EPS for the current fiscal year.

Qualcomm Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be given a $0.92 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 1.9%. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Insider Buying and Selling at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the sale, the executive vice president directly owned 36,535 shares of the company’s stock, valued at $5,372,106.40. This trade represents a 8.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $182.85, for a total value of $457,125.00. Following the completion of the sale, the executive vice president owned 18,184 shares in the company, valued at approximately $3,324,944.40. This trade represents a 12.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 11,533 shares of company stock valued at $1,924,969. 0.05% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Qualcomm

Several institutional investors have recently made changes to their positions in QCOM. State Street Corp grew its stake in shares of Qualcomm by 1.3% during the 2nd quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company’s stock worth $9,750,123,000 after purchasing an additional 671,537 shares during the period. Security National Bank of Sioux City Iowa IA lifted its stake in shares of Qualcomm by 35.9% in the second quarter. Security National Bank of Sioux City Iowa IA now owns 26,140 shares of the wireless technology company’s stock valued at $4,830,000 after purchasing an additional 6,900 shares during the period. Talon Private Wealth LLC boosted its holdings in Qualcomm by 14.3% during the second quarter. Talon Private Wealth LLC now owns 14,498 shares of the wireless technology company’s stock worth $2,679,000 after buying an additional 1,819 shares in the last quarter. ABS Direct Equity Fund LLC purchased a new stake in Qualcomm during the second quarter worth about $34,000. Finally, Bouchey Financial Group Ltd. acquired a new position in Qualcomm during the second quarter worth about $268,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

About Qualcomm

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.