QUALCOMM (NASDAQ:QCOM) Given New $190.00 Price Target at Rosenblatt Securities

QUALCOMM (NASDAQ:QCOM) had its price target lowered by stock analysts at Rosenblatt Securities from $225.00 to $190.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the wireless technology company’s stock. Rosenblatt Securities’ target price would indicate a potential upside of 27.61% from the stock’s current price.

QCOM has been the topic of several other reports. Cantor Fitzgerald dropped their price target on shares of QUALCOMM from $185.00 to $160.00 and set a “neutral” rating on the stock in a research report on Monday. UBS Group reaffirmed a “neutral” rating on shares of QUALCOMM in a research report on Monday. Citigroup restated a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. JPMorgan Chase & Co. lifted their price objective on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $200.00 target price on shares of QUALCOMM in a report on Monday. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $182.11.

QUALCOMM Trading Up 1.2%

Shares of NASDAQ:QCOM opened at $148.89 on Thursday. The company’s 50-day moving average price is $168.32 and its two-hundred day moving average price is $165.27. QUALCOMM has a one year low of $120.80 and a one year high of $205.95. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The stock has a market capitalization of $159.02 billion, a PE ratio of 30.45, a price-to-earnings-growth ratio of 3.29 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter in the previous year, the business earned $3.41 earnings per share. QUALCOMM’s quarterly revenue was up 4.7% on a year-over-year basis. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts forecast that QUALCOMM will post 9.39 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the transaction, the insider directly owned 19,593 shares in the company, valued at $3,387,041.91. This represents a 7.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the sale, the executive vice president owned 23,944 shares in the company, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 44,820 shares of company stock valued at $7,883,482 over the last ninety days. 0.05% of the stock is owned by insiders.

Hedge Funds Weigh In On QUALCOMM

A number of hedge funds have recently modified their holdings of the business. Harbor Capital Advisors Inc. increased its stake in shares of QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 65 shares during the period. Cloud Capital Management LLC bought a new stake in QUALCOMM in the third quarter valued at approximately $27,000. Richardson Financial Services Inc. increased its position in QUALCOMM by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 80 shares during the period. Torren Management LLC bought a new position in QUALCOMM during the 4th quarter worth approximately $29,000. Finally, Harbor Asset Planning Inc. acquired a new position in shares of QUALCOMM in the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Key Stories Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Q1 results beat expectations — QCOM reported $3.50 EPS and $12.25B revenue, topping EPS and roughly matching revenue consensus, showing resilience in core handset and licensing businesses. Earnings report
• Positive Sentiment: Longer-term growth drivers remain: management highlighted expansion beyond handsets (Open RAN, AI, automotive/data-center opportunities) and analysts point to strong cash flow that supports buybacks/dividends. Business expansion article
• Neutral Sentiment: Street ratings are mixed but tilted toward buys — MarketBeat shows 11 buys, 7 holds and 2 sells among 20 brokers, implying varied near-term views. Analyst consensus
• Neutral Sentiment: Earnings call and materials available for detail — investors can review the transcript and slides to parse segment-level trends and management commentary. Earnings call transcript
• Negative Sentiment: Cautionary Q2 guidance — QCOM issued EPS guidance of $2.45–$2.65 and revenue guidance $10.2B–$11.0B, below consensus (EPS ~2.66; revenue ~$11.1B), signalling near-term weakness tied to handset inventory and memory constraints. Guidance and memory shortage
• Negative Sentiment: Memory-chip shortage is the proximate cause of the sell-off — analysts and management said limited memory supply will suppress smartphone shipments and chipset demand, prompting the market reaction and pressuring peers like Arm. Market reaction coverage

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.