QUALCOMM (NASDAQ:QCOM) Stock Price Up 1.6% - What's Next? (2025)

QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report) shares were up 1.6% during mid-day trading on Monday . The company traded as high as $137.20 and last traded at $129.50. Approximately 4,710,300 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 8,669,896 shares. The stock had previously closed at $127.46.

Analyst Upgrades and Downgrades

• MarketBeat Week in Review – 03/31 - 04/04

QCOM has been the subject of a number of recent research reports. Benchmark restated a "buy" rating and issued a $240.00 price objective on shares of QUALCOMM in a report on Friday, February 7th. Melius Research began coverage on shares of QUALCOMM in a report on Monday, December 9th. They issued a "hold" rating and a $180.00 price target on the stock. Cantor Fitzgerald restated a "neutral" rating and issued a $160.00 price objective on shares of QUALCOMM in a report on Thursday, February 6th. Piper Sandler reduced their target price on shares of QUALCOMM from $205.00 to $190.00 and set an "overweight" rating on the stock in a research report on Thursday, February 6th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $250.00 price objective on shares of QUALCOMM in a research report on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $205.32.

Check Out Our Latest Research Report on QUALCOMM

QUALCOMM Trading Up 1.8 %

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The business's 50-day simple moving average is $160.91 and its 200-day simple moving average is $162.74. The company has a market cap of $143.47 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 2.01 and a beta of 1.28. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.62 and a quick ratio of 1.99.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last released its earnings results on Wednesday, February 5th. The wireless technology company reported $2.86 EPS for the quarter, missing the consensus estimate of $2.93 by ($0.07). QUALCOMM had a net margin of 25.94% and a return on equity of 39.51%. Research analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

• MarketBeat Week in Review – 03/24 - 03/28

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 2.62%. The ex-dividend date of this dividend was Thursday, March 6th. QUALCOMM's payout ratio is currently 36.32%.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, CAO Neil Martin sold 744 shares of the firm's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $174.83, for a total value of $130,073.52. Following the completion of the transaction, the chief accounting officer now directly owns 461 shares in the company, valued at $80,596.63. This trade represents a 61.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Heather S. Ace sold 1,600 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $154.24, for a total transaction of $246,784.00. Following the sale, the insider now directly owns 24,393 shares in the company, valued at approximately $3,762,376.32. This trade represents a 6.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 27,968 shares of company stock worth $4,685,077 over the last 90 days. Insiders own 0.08% of the company's stock.

Institutional Investors Weigh In On QUALCOMM

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Insigneo Advisory Services LLC raised its stake in QUALCOMM by 30.9% during the 3rd quarter. Insigneo Advisory Services LLC now owns 6,246 shares of the wireless technology company's stock valued at $1,062,000 after purchasing an additional 1,476 shares during the last quarter. EP Wealth Advisors LLC grew its position in QUALCOMM by 10.8% during the 3rd quarter. EP Wealth Advisors LLC now owns 97,961 shares of the wireless technology company's stock worth $16,658,000 after acquiring an additional 9,562 shares during the last quarter. World Investment Advisors LLC increased its stake in shares of QUALCOMM by 1,212.6% in the third quarter. World Investment Advisors LLC now owns 146,764 shares of the wireless technology company's stock valued at $24,957,000 after buying an additional 135,583 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in QUALCOMM by 11.5% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 67,966 shares of the wireless technology company's stock worth $11,558,000 after purchasing an additional 7,033 shares during the last quarter. Finally, Dunhill Financial LLC lifted its stake in shares of QUALCOMM by 6.9% during the third quarter. Dunhill Financial LLC now owns 1,526 shares of the wireless technology company's stock valued at $260,000 after acquiring an additional 99 shares during the period. 74.35% of the stock is owned by hedge funds and other institutional investors.

About QUALCOMM

(Get Free Report)

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

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