QUALCOMM (NASDAQ:QCOM) Shares Down 1.4% – Time to Sell?

QUALCOMM Incorporated (NASDAQ:QCOM)’s stock price dropped 1.4% during mid-day trading on Thursday . The company traded as low as $139.90 and last traded at $141.27. Approximately 8,199,480 shares changed hands during trading, a decline of 24% from the average daily volume of 10,795,896 shares. The stock had previously closed at $143.24.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on QCOM. Daiwa Securities Group cut QUALCOMM from an “outperform” rating to a “neutral” rating and set a $140.00 price target for the company. in a report on Wednesday, February 11th. DZ Bank raised QUALCOMM to a “strong-buy” rating in a report on Tuesday, February 10th. Sanford C. Bernstein restated an “outperform” rating and issued a $200.00 price target on shares of QUALCOMM in a research note on Monday, February 2nd. Susquehanna lowered shares of QUALCOMM from a “positive” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research report on Thursday, February 5th. Finally, Bank of America downgraded shares of QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 price objective for the company. in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, QUALCOMM presently has an average rating of “Hold” and a consensus target price of $164.67.

QUALCOMM Stock Performance

The company has a fifty day moving average price of $161.72 and a two-hundred day moving average price of $164.06. The company has a market capitalization of $150.74 billion, a P/E ratio of 29.19, a PEG ratio of 7.06 and a beta of 1.22. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share 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 analyst estimates of $12.16 billion. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.5%. QUALCOMM’s dividend payout ratio is presently 73.55%.

Insider Activity at QUALCOMM

In related news, EVP Alexander H. Rogers sold 15,917 shares of QUALCOMM stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the transaction, the executive vice president directly owned 26,071 shares of the company’s stock, valued at $4,640,898.71. The trade was a 37.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Patricia Y. Grech sold 513 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $160.95, for a total transaction of $82,567.35. Following the transaction, the chief accounting officer owned 203 shares of the company’s stock, valued at approximately $32,672.85. The trade was a 71.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 46,217 shares of company stock valued at $7,901,275 over the last ninety days. Insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. WealthPoint Financial LLC acquired a new position in QUALCOMM in the fourth quarter valued at approximately $439,000. Van Diest Capital LLC acquired a new position in shares of QUALCOMM during the fourth quarter valued at about $436,000. Compound Planning Inc. boosted its holdings in QUALCOMM by 34.2% in the fourth quarter. Compound Planning Inc. now owns 12,448 shares of the wireless technology company’s stock worth $2,129,000 after acquiring an additional 3,174 shares in the last quarter. Claris Financial LLC bought a new stake in QUALCOMM during the 4th quarter valued at $249,000. Finally, Invesco Ltd. raised its holdings in shares of QUALCOMM by 28.1% in the 4th quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company’s stock worth $2,163,030,000 after acquiring an additional 2,771,490 shares during the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

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.