Rosenblatt Securities Cuts QUALCOMM (NASDAQ:QCOM) Price Target to $190.00

QUALCOMM (NASDAQ:QCOM) had its target price cut by equities researchers at Rosenblatt Securities from $225.00 to $190.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the wireless technology company’s stock. Rosenblatt Securities’ target price would suggest a potential upside of 27.61% from the stock’s current price.

A number of other research firms have also recently commented on QCOM. Cantor Fitzgerald reduced their price target on shares of QUALCOMM from $185.00 to $160.00 and set a “neutral” rating for the company in a report on Monday. Wells Fargo & Company raised their target price on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Thursday, November 6th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Royal Bank Of Canada assumed coverage on QUALCOMM in a research note on Wednesday, January 14th. They issued a “sector perform” rating and a $180.00 price objective for the company. Finally, Susquehanna set a $210.00 target price on QUALCOMM in a research report on Thursday, November 6th. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, QUALCOMM currently has an average rating of “Hold” and an average price target of $182.11.

QUALCOMM Trading Up 1.2%

Shares of QCOM stock opened at $148.89 on Thursday. The company has a market cap of $159.02 billion, a P/E ratio of 30.45, a PEG ratio of 3.29 and a beta of 1.22. The stock has a 50 day simple moving average of $168.32 and a two-hundred day simple moving average of $165.27. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. QUALCOMM has a fifty-two week low of $120.80 and a fifty-two week high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Research analysts forecast that QUALCOMM will post 9.39 earnings per share for the current year.

Insiders Place Their Bets

In other QUALCOMM news, EVP Ann C. Chaplin sold 7,180 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value of $1,278,255.40. Following the completion of the sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the transaction, the insider directly owned 19,593 shares in the company, valued at approximately $3,387,041.91. This represents a 7.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 44,820 shares of company stock worth $7,883,482 in the last three months. 0.05% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Guinness Asset Management LTD boosted its holdings in QUALCOMM by 11.6% in the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock worth $8,824,000 after buying an additional 5,779 shares during the period. CORDA Investment Management LLC. lifted its position in shares of QUALCOMM by 18.6% during the second quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock worth $3,579,000 after acquiring an additional 3,524 shares in the last quarter. Westerkirk Capital Inc. bought a new position in shares of QUALCOMM in the second quarter worth $4,539,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in shares of QUALCOMM in the second quarter valued at $3,896,000. Finally, Inscription Capital LLC raised its stake in shares of QUALCOMM by 58.1% during the 3rd quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock valued at $2,172,000 after purchasing an additional 4,799 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Key Stories Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Q1 results beat expectations — QCOM reported $3.50 EPS and $12.25B revenue, topping EPS and roughly matching revenue consensus, showing resilience in core handset and licensing businesses. Earnings report
• Positive Sentiment: Longer-term growth drivers remain: management highlighted expansion beyond handsets (Open RAN, AI, automotive/data-center opportunities) and analysts point to strong cash flow that supports buybacks/dividends. Business expansion article
• Neutral Sentiment: Street ratings are mixed but tilted toward buys — MarketBeat shows 11 buys, 7 holds and 2 sells among 20 brokers, implying varied near-term views. Analyst consensus
• Neutral Sentiment: Earnings call and materials available for detail — investors can review the transcript and slides to parse segment-level trends and management commentary. Earnings call transcript
• Negative Sentiment: Cautionary Q2 guidance — QCOM issued EPS guidance of $2.45–$2.65 and revenue guidance $10.2B–$11.0B, below consensus (EPS ~2.66; revenue ~$11.1B), signalling near-term weakness tied to handset inventory and memory constraints. Guidance and memory shortage
• Negative Sentiment: Memory-chip shortage is the proximate cause of the sell-off — analysts and management said limited memory supply will suppress smartphone shipments and chipset demand, prompting the market reaction and pressuring peers like Arm. Market reaction coverage

QUALCOMM Company Profile

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.