Qualcomm (NASDAQ:QCOM) Stock Price Up 2.1% – Time to Buy?

Shares of Qualcomm Incorporated (NASDAQ:QCOM) rose 2.1% on Tuesday . The company traded as high as $199.15 and last traded at $198.27. 11,445,104 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 15,723,769 shares. The stock had previously closed at $194.23.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm, Lumentum and Corning demonstrated a 1060-nanometer optical die-to-die interconnect designed to replace copper links inside AI servers. The technology could position Qualcomm to benefit from rising demand for faster, lower-latency data movement between processors and broaden its addressable market beyond handsets. Lumentum, Qualcomm, Corning to Showcase Optical D2D Interconnect for AI
• Positive Sentiment: The AI-interconnect announcement has encouraged investors to view Qualcomm as a potential beneficiary of data-center and high-performance-computing expansion. Analysts also point to two custom data-center wins that management expects to begin generating revenue in the December quarter. Qualcomm Jumps 7% as AI Interconnect Demo Points Past Handsets
• Positive Sentiment: Qualcomm is scheduled to pay its regular dividend this week, providing a near-term shareholder return and reinforcing the stock’s income appeal. Qualcomm to Pay Dividends This Week
• Neutral Sentiment: Lower oil prices and Treasury yields, renewed optimism about AI spending, and potentially constructive U.S.-China trade talks have supported broader technology and semiconductor sentiment. These macro factors may help Qualcomm because of its China exposure, but they do not change company-specific fundamentals. Qualcomm Stock Jumps as AI Rally Returns
• Negative Sentiment: Investors remain focused on execution risk. Qualcomm’s smartphone business faces pressure from Apple’s efforts to develop more in-house components, while the data-center opportunity is still emerging and must prove it can offset handset-related weakness. The stock’s rally has also increased valuation and profit-taking risk ahead of the Snapdragon Summit. Can Cars and Data Centers Carry Qualcomm Stock Past Apple?

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Mizuho lifted their price objective on Qualcomm from $170.00 to $210.00 and gave the stock a “neutral” rating in a research note on Monday, June 29th. Freedom Capital raised Qualcomm from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Citigroup reduced their target price on Qualcomm from $198.00 to $175.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Raymond James Financial started coverage on Qualcomm in a research report on Thursday, June 25th. They set a “strong-buy” rating for the company. Finally, Benchmark cut their price target on shares of Qualcomm from $300.00 to $270.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Qualcomm has an average rating of “Hold” and a consensus target price of $204.10.

Qualcomm Stock Performance

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’s 50 day simple moving average is $168.32 and its two-hundred day simple moving average is $172.84. The stock has a market cap of $208.23 billion, a P/E ratio of 22.95, a price-to-earnings-growth ratio of 3.70 and a beta of 1.68.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). The company had revenue of $9.95 billion for 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 was down 4.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, research analysts forecast that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

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

Insider Buying and Selling at Qualcomm

In other news, EVP Heather 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 in the company, valued at $5,372,106.40. The trade was a 8.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash Palkhiwala sold 2,500 shares of the company’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 directly owned 18,184 shares of the company’s stock, valued at $3,324,944.40. This represents a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 11,533 shares of company stock valued at $1,924,969 in the last 90 days. 0.05% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Qualcomm

Several hedge funds have recently made changes to their positions in the business. JFS Wealth Advisors LLC raised its position in Qualcomm by 3.4% in the second quarter. JFS Wealth Advisors LLC now owns 1,595 shares of the wireless technology company’s stock valued at $295,000 after purchasing an additional 53 shares during the period. Wall Street Financial Group Inc. boosted its stake in shares of Qualcomm by 1.9% in the second quarter. Wall Street Financial Group Inc. now owns 3,050 shares of the wireless technology company’s stock valued at $564,000 after purchasing an additional 57 shares during the period. Sunbeam Capital Management LLC boosted its position in Qualcomm by 3.7% in the 2nd quarter. Sunbeam Capital Management LLC now owns 1,637 shares of the wireless technology company’s stock valued at $303,000 after buying an additional 58 shares during the period. Basepoint Wealth LLC boosted its holdings in Qualcomm by 1.8% in the first quarter. Basepoint Wealth LLC now owns 3,333 shares of the wireless technology company’s stock valued at $429,000 after purchasing an additional 59 shares during the period. Finally, Five Oceans Advisors boosted its stake in shares of Qualcomm by 3.3% in the 2nd quarter. Five Oceans Advisors now owns 1,827 shares of the wireless technology company’s stock valued at $338,000 after buying an additional 59 shares during the period. 74.35% of the stock is owned by institutional investors.

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.