QUALCOMM (NASDAQ:QCOM) Price Target Lowered to $185.00 at JPMorgan Chase & Co.

QUALCOMM (NASDAQ:QCOM) had its price target lowered by JPMorgan Chase & Co. from $195.00 to $185.00 in a report published on Thursday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the wireless technology company’s stock.

QCOM has been the topic of a number of other reports. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. TD Cowen lowered their target price on shares of QUALCOMM from $190.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday. Piper Sandler restated an “overweight” rating and issued a $200.00 price target on shares of QUALCOMM in a research note on Thursday. Susquehanna cut QUALCOMM from a “positive” rating to a “neutral” rating and set a $140.00 price target for the company. in a report on Thursday. Finally, Evercore ISI dropped their price objective on QUALCOMM from $157.00 to $134.00 and set an “in-line” rating on the stock in a report on Thursday. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, QUALCOMM currently has a consensus rating of “Hold” and an average price target of $167.00.

QUALCOMM Stock Down 8.5%

Shares of QCOM opened at $136.30 on Thursday. The company has a market capitalization of $145.58 billion, a price-to-earnings ratio of 28.16, a PEG ratio of 3.33 and a beta of 1.22. QUALCOMM has a 52 week low of $120.80 and a 52 week high of $205.95. The stock’s 50-day moving average price is $167.75 and its 200-day moving average price is $165.06. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.12. QUALCOMM had a return on equity of 43.08% and a net margin of 11.96%.The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. During the same period last 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, sell-side analysts predict that QUALCOMM will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.6%. QUALCOMM’s payout ratio is currently 72.80%.

Insider Transactions at QUALCOMM

In related news, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the transaction, the executive vice president directly owned 26,071 shares of the company’s stock, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $173.30, for a total transaction of $577,608.90. Following the sale, the executive vice president directly owned 38,932 shares in the company, valued at approximately $6,746,915.60. This trade represents a 7.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 39,684 shares of company stock valued at $7,004,088 over the last ninety days. Company insiders own 0.05% of the company’s stock.

Institutional Trading of QUALCOMM

A number of hedge funds have recently bought and sold shares of QCOM. Harbor Capital Advisors Inc. lifted its position in QUALCOMM by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in QUALCOMM in the 3rd quarter valued at $27,000. Richardson Financial Services Inc. increased its stake in shares of QUALCOMM by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 80 shares during the last quarter. Torren Management LLC purchased a new position in shares of QUALCOMM during the 4th quarter worth $29,000. Finally, Harbor Asset Planning Inc. acquired a new position in shares of QUALCOMM during the 2nd quarter valued at about $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Key Headlines Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: QCOM beat on the quarter — adjusted EPS of $3.50 and strong revenue (record automotive/handset contribution) showed the company can still print solid results despite industry headwinds. Zacks: Qualcomm Surpasses Q1 Earnings
• Positive Sentiment: Some firms remain constructive — a few analysts still have buy/overweight views and multi-quarter bull cases that point to upside if handset memory constraints ease. Benzinga: Analyst Coverage
• Neutral Sentiment: Management frames the problem as a memory supply constraint rather than weak end-demand — CEO Cristiano Amon said handset demand isn’t the core issue, which matters for how durable the slowdown may be. Bloomberg Tech Interview (YouTube)
• Neutral Sentiment: Market commentary highlights that QCOM’s selloff has pushed the stock back to 2020 price levels — that raises long-term questions but also creates short-term relief-rally potential for traders. MarketBeat: Qualcomm Is Back at 2020 Levels
• Negative Sentiment: Q2 guidance came in below consensus — EPS and revenue ranges were trimmed because memory shortages are expected to constrain smartphone build plans, directly pressuring Qualcomm’s handset-related revenue. That guidance drove the bulk of the selloff. Reuters: Memory Shortage Hits Outlook
• Negative Sentiment: Analysts have reacted with price-target cuts and tone shifts (Evercore, Mizuho, Bank of America and others), and several firms moved to neutral/in-line ratings — increasing near-term selling pressure. Benzinga: Analysts Lower Forecasts
• Negative Sentiment: Market reaction has been severe — heavy volume and a double-digit intraday move reflect headline-driven risk: strong quarter but weak forward outlook. Short-term volatility is likely to continue until memory supply visibility improves. CNBC: Qualcomm Stock Sinks on Memory Warning

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.