QUALCOMM Incorporated (NASDAQ:QCOM) Receives Consensus Recommendation of “Moderate Buy” from Analysts

QUALCOMM Incorporated (NASDAQ:QCOM) has been assigned an average recommendation of “Moderate Buy” from the twenty-four research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $182.8182.

Several research analysts have recently issued reports on QCOM shares. UBS Group lifted their price target on QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a research note on Monday, July 21st. Citigroup reaffirmed a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research note on Tuesday, August 26th. Sanford C. Bernstein set a $185.00 price target on QUALCOMM and gave the stock an “outperform” rating in a research note on Monday, July 28th. Finally, Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd.

QUALCOMM Price Performance

QUALCOMM stock opened at $168.85 on Friday. QUALCOMM has a one year low of $120.80 and a one year high of $182.10. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. The business has a fifty day moving average of $159.29 and a two-hundred day moving average of $153.20. The company has a market cap of $182.19 billion, a P/E ratio of 16.28, a price-to-earnings-growth ratio of 2.43 and a beta of 1.23.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company had revenue of $10.37 billion during the quarter, compared to the consensus estimate of $10.33 billion. During the same quarter last year, the company earned $2.33 earnings per share. QUALCOMM’s quarterly revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, analysts predict that QUALCOMM will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were given a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Thursday, September 4th. QUALCOMM’s dividend payout ratio (DPR) is currently 34.33%.

Insider Buying and Selling

In related news, CAO Patricia Y. Grech sold 201 shares of QUALCOMM stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $170.00, for a total transaction of $34,170.00. Following the completion of the sale, the chief accounting officer owned 203 shares in the company, valued at approximately $34,510. This trade represents a 49.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the sale, the chief accounting officer owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This represents a 41.70% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 9,767 shares of company stock worth $1,488,745. 0.08% of the stock is owned by company insiders.

Institutional Trading of QUALCOMM

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC grew its holdings in QUALCOMM by 656,661.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock valued at $9,360,274,000 after buying an additional 58,764,593 shares during the period. Norges Bank purchased a new stake in QUALCOMM in the 2nd quarter valued at about $2,713,603,000. Nuveen LLC purchased a new stake in QUALCOMM in the 1st quarter valued at about $529,713,000. Amundi grew its holdings in QUALCOMM by 38.2% in the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock valued at $1,866,451,000 after buying an additional 3,186,524 shares during the period. Finally, Viking Global Investors LP grew its holdings in QUALCOMM by 120.1% in the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock valued at $502,125,000 after buying an additional 1,720,529 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

About QUALCOMM

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.