Qualcomm Incorporated (NASDAQ:QCOM) Receives $220.45 Consensus Target Price from Brokerages

Qualcomm Incorporated (NASDAQ:QCOM) has been given a consensus rating of “Hold” by the thirty-seven research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, twenty have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $220.4483.

QCOM has been the topic of a number of analyst reports. Sanford C. Bernstein upped their price objective on shares of Qualcomm from $140.00 to $235.00 and gave the company a “market perform” rating in a research note on Thursday, June 25th. Barclays upgraded Qualcomm from an “underweight” rating to an “overweight” rating in a report on Thursday, June 25th. Oppenheimer cut shares of Qualcomm from a “market perform” rating to a “market perform” rating in a research report on Friday, May 8th. Monness Crespi & Hardt upgraded Qualcomm to a “buy” rating in a research note on Thursday, June 25th. Finally, Argus set a $220.00 price target on Qualcomm in a research note on Friday, May 1st.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s reported talks to acquire Modular for about $4 billion could strengthen its AI software and infrastructure ambitions, potentially expanding the company’s long-term growth story beyond chips. Qualcomm (QCOM) Is In Talks To Buy Modular For $4 Billion
• Positive Sentiment: Fresh commentary suggesting Qualcomm looks fairly valued, with AI demand and partnerships supporting its outlook, may help investor sentiment by reinforcing the idea that the stock still has a growth case even after its strong multi-year run. Qualcomm (QCOM) Stock Looks Fairly Valued After Fresh AI Demand News
• Neutral Sentiment: QUALCOMM was removed from several Russell growth and defensive indexes, a mostly mechanical event that could affect passive fund flows but does not change the company’s fundamentals. QUALCOMM (QCOM) Leaves Russell Growth Indexes, Is The Stock Cheap Or Pricey?
• Neutral Sentiment: Analysts and preview pieces are focused on Qualcomm’s upcoming Q3 2026 results, with the market watching for guidance and signs of demand resilience. Qualcomm’s Q3 2026 earnings: What to expect
• Negative Sentiment: Recent articles warn that Qualcomm faces potential smartphone weakness and tougher competition, which could pressure near-term revenue expectations and weigh on the stock. Facing potential smartphone weakness and tough competition, Qualcomm stock’s outlook is not particularly strong
• Negative Sentiment: Qualcomm is also moving lower with the broader chip sector on a down day for semiconductors, reinforcing the selloff in the stock. Qualcomm (QCOM) Falls More Steeply Than Broader Market: What Investors Need to Know

Insider Activity

In other news, CAO Patricia Y. Grech sold 829 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of Qualcomm stock in a transaction on Monday, May 4th. The stock was sold at an average price of $180.00, for a total value of $1,800,000.00. Following the sale, the chief executive officer owned 197,568 shares in the company, valued at $35,562,240. The trade was a 4.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 21,721 shares of company stock worth $3,918,290. Corporate insiders own 0.05% of the company’s stock.

Institutional Trading of Qualcomm

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Westmount Partners LLC lifted its holdings in shares of Qualcomm by 1.0% in the 2nd quarter. Westmount Partners LLC now owns 10,465 shares of the wireless technology company’s stock worth $1,934,000 after acquiring an additional 102 shares during the last quarter. 55 North Private Wealth LLC grew its holdings in shares of Qualcomm by 27.9% during the 2nd quarter. 55 North Private Wealth LLC now owns 2,170 shares of the wireless technology company’s stock valued at $401,000 after purchasing an additional 473 shares during the last quarter. Clark Asset Management LLC bought a new stake in shares of Qualcomm in the 2nd quarter valued at about $315,000. Evanson Financial LLC purchased a new stake in Qualcomm during the 2nd quarter valued at about $651,000. Finally, Lincoln Capital LLC bought a new position in Qualcomm during the 2nd quarter worth approximately $213,000. Institutional investors own 74.35% of the company’s stock.

Qualcomm Stock Down 1.9%

NASDAQ QCOM opened at $182.97 on Friday. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. The company has a market cap of $192.85 billion, a price-to-earnings ratio of 19.89, a PEG ratio of 5.55 and a beta of 1.63. The company has a 50 day moving average of $207.38 and a 200-day moving average of $168.01. Qualcomm has a 1-year low of $121.99 and a 1-year high of $259.92.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The company had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same period last year, the company posted $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, equities research analysts expect that Qualcomm will post 7.96 earnings per share for the current fiscal year.

Qualcomm announced that its Board of Directors has approved a stock repurchase program on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

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.