Susquehanna Lowers Qualcomm (NASDAQ:QCOM) Price Target to $160.00

Qualcomm (NASDAQ:QCOM) had its target price dropped by analysts at Susquehanna from $190.00 to $160.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the wireless technology company’s stock. Susquehanna’s price target indicates a potential upside of 5.98% from the stock’s previous close.

A number of other research firms have also weighed in on QCOM. Monness Crespi & Hardt raised Qualcomm to a “buy” rating in a research note on Thursday, June 25th. Barclays reissued an “underweight” rating and set a $180.00 price objective on shares of Qualcomm in a research note on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $160.00 target price on shares of Qualcomm in a research note on Thursday, April 30th. UBS Group set a $300.00 price target on shares of Qualcomm in a report on Monday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $160.00 price objective (down from $250.00) on shares of Qualcomm in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty-one have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $208.97.

Qualcomm Price Performance

Shares of NASDAQ QCOM traded down $4.71 during trading hours on Thursday, reaching $150.97. 15,679,552 shares of the stock traded hands, compared to its average volume of 16,545,898. The company’s 50-day simple moving average is $201.26 and its two-hundred day simple moving average is $167.94. The company has a market capitalization of $159.12 billion, a P/E ratio of 16.40, a price-to-earnings-growth ratio of 4.84 and a beta of 1.63. Qualcomm has a 52-week low of $121.99 and a 52-week high of $259.92. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54.

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). The business had revenue of $9.95 billion during the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. Qualcomm’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period last year, the company posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities research analysts forecast that Qualcomm will post 7.98 EPS for the current year.

Insider Buying and Selling

In other Qualcomm news, 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 transaction of $1,800,000.00. Following the completion of the transaction, the chief executive officer owned 197,568 shares in the company, valued at approximately $35,562,240. The trade was a 4.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 21,529 shares of company stock worth $4,011,441 in the last 90 days. Corporate insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Qualcomm

Institutional investors have recently made changes to their positions in the company. Rosenberg Matthew Hamilton raised its holdings in Qualcomm by 5.8% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 1,899 shares of the wireless technology company’s stock worth $351,000 after acquiring an additional 104 shares during the last quarter. Pachira Investments Inc. purchased a new position in shares of Qualcomm in the second quarter worth $201,000. Cypress Point Wealth Management LLC bought a new position in shares of Qualcomm during the second quarter valued at $314,000. Farther Finance Advisors LLC boosted its position in shares of Qualcomm by 4.2% during the second quarter. Farther Finance Advisors LLC now owns 84,539 shares of the wireless technology company’s stock valued at $15,627,000 after buying an additional 3,418 shares during the last quarter. Finally, Ballentine Partners LLC increased its holdings in Qualcomm by 3.8% in the 2nd quarter. Ballentine Partners LLC now owns 30,077 shares of the wireless technology company’s stock worth $5,558,000 after buying an additional 1,098 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm reported fiscal third-quarter revenue of $9.95 billion, above the $9.69 billion analyst consensus, as automotive and IoT growth helped offset weakness in handsets. Qualcomm Misses Q3 Earnings Estimates, Revenues Beat on Auto Growth
• Positive Sentiment: Record automotive revenue prompted Qualcomm to raise its automotive outlook to approximately $7 billion, while the company is targeting $40 billion in non-handset revenue by fiscal 2029 through automotive, AI, IoT and data-center expansion. Qualcomm Q3 2026 Earnings Call Highlights
• Positive Sentiment: Qualcomm secured a long-term agreement to supply BMW’s digital-cockpit and advanced driver-assistance systems through the next decade, strengthening the company’s automotive growth outlook. Qualcomm wins BMW chip supply deal
• Positive Sentiment: The completed acquisition of AI software company Modular is intended to improve Qualcomm’s ability to support generative and agentic AI workloads from edge devices to data centers. Qualcomm Completes Acquisition of Modular
• Neutral Sentiment: TD Cowen, Rosenblatt Securities and Morgan Stanley all reduced their QCOM price targets, but TD Cowen and Rosenblatt retained buy ratings while Morgan Stanley maintained an equal-weight rating. The revised targets remain above the current share price.
• Negative Sentiment: Adjusted fiscal-third-quarter EPS was $2.21, narrowly below estimates of roughly $2.22–$2.23 and down from $2.77 a year earlier; revenue declined 4% year over year. Qualcomm shares slip as profit outlook falls short
• Negative Sentiment: Fiscal-fourth-quarter EPS guidance of $2.05–$2.25 was below the $2.23 consensus midpoint, while Qualcomm warned that higher memory costs and a sharper decline in Apple-related revenue could pressure margins and near-term profits. Qualcomm shares slide as higher costs and Apple weakness cloud profit forecast
• Negative Sentiment: RBC Capital Markets highlighted ongoing margin pressure and the risk that customers increasingly use custom-designed silicon, potentially limiting Qualcomm’s pricing power and long-term chip demand. Qualcomm Facing Margin Pressures, Custom Silicon Risks

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.