Brokerages Set Qualcomm Incorporated (NASDAQ:QCOM) Target Price at $180.37

Shares of Qualcomm Incorporated (NASDAQ:QCOM) have earned an average rating of “Hold” from the thirty-four research firms that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating and fourteen have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $181.7857.

A number of research firms recently commented on QCOM. The Goldman Sachs Group initiated coverage on Qualcomm in a report on Monday, March 30th. They issued a “neutral” rating and a $135.00 price objective on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $160.00 price target on shares of Qualcomm in a research note on Thursday, April 30th. Robert W. Baird set a $300.00 price objective on shares of Qualcomm in a report on Friday, May 1st. Freedom Capital lowered shares of Qualcomm from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, Seaport Research Partners reissued a “sell” rating and issued a $100.00 price target on shares of Qualcomm in a research note on Monday, March 16th.

Insider Transactions at Qualcomm

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $211.90, for a total transaction of $529,750.00. Following the sale, the executive vice president directly owned 28,184 shares in the company, valued at $5,972,189.60. This represents a 8.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 19,306 shares of company stock valued at $3,435,583. Corporate insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Qualcomm

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. WNY Asset Management LLC purchased a new position in Qualcomm in the first quarter valued at $279,000. Wellington Grp LLC boosted its stake in shares of Qualcomm by 100.5% in the 1st quarter. Wellington Grp LLC now owns 417 shares of the wireless technology company’s stock valued at $54,000 after buying an additional 209 shares during the period. Vestor Capital LLC grew its position in shares of Qualcomm by 259.6% during the first quarter. Vestor Capital LLC now owns 597 shares of the wireless technology company’s stock worth $77,000 after buying an additional 431 shares in the last quarter. Groupe la Francaise increased its stake in shares of Qualcomm by 8.0% during the first quarter. Groupe la Francaise now owns 34,456 shares of the wireless technology company’s stock worth $4,437,000 after buying an additional 2,553 shares during the period. Finally, Western Wealth Management LLC raised its holdings in Qualcomm by 84.2% in the first quarter. Western Wealth Management LLC now owns 38,101 shares of the wireless technology company’s stock valued at $4,907,000 after acquiring an additional 17,419 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Stellantis expanded its multi-year technology partnership with Qualcomm, strengthening Qualcomm’s position in AI-enabled connected and autonomous vehicles. Qualcomm soars 12% as Stellantis deepens AI vehicle partnership
• Positive Sentiment: Analysts and market commentary highlighted Qualcomm’s strong comeback and suggested the rally may continue, with some calling for meaningful further upside. Prediction: Analysts Say Qualcomm Stock Is Set For A Massive Breakout
• Neutral Sentiment: Additional coverage framed Qualcomm as a beneficiary of broader AI and mobile-chip enthusiasm, with shares moving alongside other chip names such as Skyworks and Qorvo. Qualcomm Surges 12%, Skyworks Rallies 9%, Qorvo Rises 7%
• Neutral Sentiment: Insider and congressional stock sales were disclosed, but they appear modest relative to Qualcomm’s size and some transactions were pre-arranged, so the impact is likely limited. Patricia Grech Sells 829 Shares of Qualcomm (NASDAQ:QCOM) Stock

Qualcomm Stock Up 11.6%

NASDAQ QCOM opened at $238.16 on Friday. The business’s fifty day simple moving average is $154.82 and its 200-day simple moving average is $158.89. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The firm has a market cap of $251.02 billion, a PE ratio of 25.89, a P/E/G ratio of 26.43 and a beta of 1.49. Qualcomm has a 52 week low of $121.99 and a 52 week high of $247.90.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.09. The firm had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. Qualcomm’s revenue was down 3.5% compared to the same quarter last year. During the same period last year, the business earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts anticipate that Qualcomm will post 7.99 earnings per share for the current year.

Qualcomm declared that its board has approved a share repurchase program on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Qualcomm Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.5%. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm’s payout ratio is currently 38.70%.

About Qualcomm

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.