Qualcomm Incorporated (NASDAQ:QCOM) Given Consensus Recommendation of “Hold” by Analysts

Shares of Qualcomm Incorporated (NASDAQ:QCOM) have received a consensus recommendation of “Hold” from the thirty-eight research firms that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating, twenty-one have given a hold rating, twelve have issued a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $204.1034.

QCOM has been the topic of a number of recent analyst reports. Monness Crespi & Hardt upgraded shares of Qualcomm to a “buy” rating in a research report on Thursday, June 25th. Lake Street Capital lowered Qualcomm to a “hold” rating in a research report on Thursday, June 25th. Cantor Fitzgerald cut their target price on shares of Qualcomm from $200.00 to $165.00 and set a “neutral” rating on the stock in a research report on Monday, July 27th. JPMorgan Chase & Co. upped their target price on shares of Qualcomm from $160.00 to $265.00 and gave the company a “neutral” rating in a research report on Friday, June 5th. Finally, UBS Group reduced their price target on Qualcomm from $190.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 30th.

Qualcomm Stock Up 2.1%

Shares of QCOM stock opened at $198.27 on Friday. Qualcomm has a one year low of $121.99 and a one year high of $259.92. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The stock has a fifty day moving average price of $168.72 and a 200 day moving average price of $173.25. The stock has a market cap of $208.23 billion, a P/E ratio of 22.95, a price-to-earnings-growth ratio of 4.05 and a beta of 1.68.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. During the same quarter in the prior year, the company posted $2.77 EPS. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts predict that Qualcomm will post 7.74 earnings per share for the current year.

Qualcomm Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a $0.92 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a yield of 1.9%. Qualcomm’s dividend payout ratio is presently 42.59%.

Insiders Place Their Bets

In other news, EVP Akash Palkhiwala sold 2,500 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $182.85, for a total transaction of $457,125.00. Following the completion of the transaction, the executive vice president directly owned 18,184 shares in the company, valued at approximately $3,324,944.40. The trade was a 12.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather Ace sold 3,200 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the sale, the executive vice president directly owned 36,535 shares of the company’s stock, valued at approximately $5,372,106.40. This trade 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. Over the last quarter, insiders have sold 11,533 shares of company stock worth $1,924,969. Insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Qualcomm

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp raised its holdings in shares of Qualcomm by 1.3% during the 2nd quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company’s stock worth $9,750,123,000 after buying an additional 671,537 shares in the last quarter. Security National Bank of Sioux City Iowa IA lifted its position in shares of Qualcomm by 35.9% during the 2nd quarter. Security National Bank of Sioux City Iowa IA now owns 26,140 shares of the wireless technology company’s stock worth $4,830,000 after buying an additional 6,900 shares during the last quarter. Talon Private Wealth LLC boosted its stake in Qualcomm by 14.3% in the second quarter. Talon Private Wealth LLC now owns 14,498 shares of the wireless technology company’s stock valued at $2,679,000 after buying an additional 1,819 shares in the last quarter. ABS Direct Equity Fund LLC acquired a new stake in Qualcomm in the second quarter valued at approximately $34,000. Finally, Bouchey Financial Group Ltd. bought a new stake in shares of Qualcomm during the second quarter worth $268,000. 74.35% of the stock is owned by institutional investors.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm introduced the Snapdragon 8 Elite Gen 6 and 8 Elite Extreme Gen 6 smartphone processors, emphasizing on-device “agentic AI.” The chips are designed to let smartphones execute more complex AI tasks locally, supporting Qualcomm’s premium-chip leadership and potentially increasing content per device. Qualcomm launches two new smartphone chips with emphasis on AI
• Positive Sentiment: The launch reinforces Qualcomm’s effort to position AI processing at the network edge rather than exclusively in the cloud. Management’s discussion of agentic AI and edge computing gives investors a broader growth narrative beyond traditional handset chips. Qualcomm CFO on agentic AI and the race to the edge
• Positive Sentiment: A demonstration with Corning and Lumentum of optical die-to-die connectivity suggests Qualcomm may eventually participate in AI data-center and interconnect markets, reducing reliance on smartphones. This helped fuel the recent rally ahead of the Snapdragon Summit. Lumentum, Qualcomm, Corning showcase optical D2D interconnect for AI
• Neutral Sentiment: Qualcomm is scheduled to pay its regular dividend this week, providing shareholder income but representing a routine distribution rather than a major change to the company’s outlook. Qualcomm dividend payment
• Negative Sentiment: The smartphone market is contracting as memory prices surge, creating a risk that higher component costs and weaker unit demand could offset the benefits of Qualcomm’s new flagship chips. Qualcomm’s shares also edged lower after hours following the announcement, suggesting some expectations were already reflected in the price. Qualcomm releases Android chip amid memory shortage
• Negative Sentiment: A bearish analysis argues that Qualcomm’s AI opportunity remains more limited than bullish investors expect, particularly because much of the current growth story still depends on handset adoption and unproven data-center expansion. Qualcomm AI story analysis

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.