Qualcomm’s (QCOM) “Buy” Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reiterated their buy rating on shares of Qualcomm (NASDAQ:QCOM) in a report issued on Wednesday morning,Benzinga reports. The firm currently has a $235.00 target price on the wireless technology company’s stock.

Other analysts have also recently issued reports about the stock. Royal Bank Of Canada decreased their price objective on shares of Qualcomm from $250.00 to $160.00 and set a “sector perform” rating on the stock in a research note on Thursday, July 30th. Craig Hallum lowered Qualcomm from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Guggenheim set a $200.00 price objective on Qualcomm in a research report on Monday, June 22nd. Susquehanna decreased their target price on Qualcomm from $190.00 to $160.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Finally, Benchmark cut their price target on Qualcomm from $300.00 to $270.00 and set a “buy” rating for the company in a report on Monday, July 27th. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Qualcomm has an average rating of “Hold” and an average target price of $204.10.

Qualcomm Stock Up 2.9%

Shares of NASDAQ QCOM opened at $181.97 on Wednesday. Qualcomm has a 52-week low of $121.99 and a 52-week high of $259.92. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. The business has a fifty day moving average of $168.45 and a two-hundred day moving average of $170.82. The stock has a market cap of $191.11 billion, a PE ratio of 21.06, a PEG ratio of 3.69 and a beta of 1.68.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share 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 the consensus estimate of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, equities research analysts expect that Qualcomm will post 7.74 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Insider Activity

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $182.85, for a total value of $457,125.00. Following the transaction, the executive vice president owned 18,184 shares in the company, valued at $3,324,944.40. This trade represents a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $147.04, for a total value of $470,528.00. Following the sale, the executive vice president directly owned 36,535 shares of the company’s stock, valued at $5,372,106.40. This represents a 8.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 11,533 shares of company stock valued at $1,924,969. Company insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Qualcomm

Institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd grew its holdings in Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 170 shares during the period. Birchwood Financial Partners Inc. acquired a new position in shares of Qualcomm in the 4th quarter valued at $31,000. ABS Investment Management LLC bought a new position in shares of Qualcomm in the 2nd quarter worth $34,000. ABS Direct Equity Fund LLC bought a new position in shares of Qualcomm in the 2nd quarter worth $34,000. Finally, Commonwealth Retirement Investments LLC acquired a new stake in shares of Qualcomm during the fourth quarter worth $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm secured a multi-generational custom-silicon partnership with Qualcomm’s AWS Deal Takes Aim at Nvidia, But Comes With Fine Print Amazon Web Services. The deal provides significant validation from a major AI infrastructure customer and strengthens Qualcomm’s challenge to Nvidia in data-center computing. Qualcomm’s CFO is reportedly targeting roughly $5 billion in future data-center revenue, adding to the growth narrative.
• Positive Sentiment: Investors increasingly view automotive and data-center chips as potential growth engines that can offset slowing handset sales. Analysts and market commentary suggest the AWS agreement could lead to upward estimate revisions if Qualcomm converts the partnership into meaningful, recurring deployments. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Neutral Sentiment: Rosenblatt Securities reaffirmed its “Buy” rating, while Piper Sandler moved Qualcomm to “Hold.” The mixed analyst actions indicate optimism about the longer-term diversification story but limited certainty about near-term earnings growth.
• Neutral Sentiment: The AWS announcement is strategically important, but reports caution that the partnership’s structure and execution timetable could limit its immediate revenue impact. Qualcomm’s valuation and future upside therefore depend on actual customer volumes and revised forecasts, not simply the headline design win.
• Negative Sentiment: Apple’s iPhone 18 Pro includes Apple’s in-house C2 modem, signaling continued efforts to reduce reliance on Qualcomm. Although the iPhone 18 Pro Max may still use Qualcomm technology in some markets, further modem insourcing presents a long-term risk to Qualcomm’s handset revenue and margins. iPhone 18 Pro Debuts C2 Modem
• Negative Sentiment: Qualcomm’s latest quarterly results showed weaker year-over-year earnings and revenue, while earnings per share narrowly missed estimates. That performance, combined with a handset business described as shrinking, leaves investors dependent on automotive, IoT and data-center expansion to sustain the recovery.

Qualcomm Company Profile

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.