Qualcomm (NASDAQ:QCOM) Shares Up 1.7% – What’s Next?

Qualcomm Incorporated (NASDAQ:QCOM) shares shot up 1.7% during mid-day trading on Tuesday . The company traded as high as $134.05 and last traded at $131.59. 10,373,780 shares were traded during mid-day trading, an increase of 0% from the average session volume of 10,328,680 shares. The stock had previously closed at $129.39.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm unveiled a $20 billion stock buyback (on top of an existing $2.1 billion repurchase authority), which should support EPS, signal capital-return focus, and provide near-term demand for the shares. Chipmaker Qualcomm unveils $20 billion stock buyback program
• Positive Sentiment: Partnership with Wayve to deliver a pre-integrated automotive AI driving stack highlights progress in automotive ADAS/AV opportunities — a key growth avenue that helps diversify revenue beyond smartphones. Qualcomm And Wayve Target Automotive AI Revenue With Integrated Driving Stack
• Positive Sentiment: Analyses note that strength in automotive and IoT businesses is offsetting smartphone weakness, supporting revenue resilience and longer-term growth optionality. Qualcomm: Smartphone Weakness Offset By Automotive And IoT Strength
• Positive Sentiment: Some commentators argue QCOM may be undervalued after the recent pullback given cash yields, solid fundamentals and the company’s ability to return capital. This frames the buyback as a catalyst for potential re-rating. Is Qualcomm Stock Undervalued?
• Neutral Sentiment: QCOM is a trending stock with heightened investor attention; read-up articles summarize key metrics and risks before positioning. QUALCOMM Incorporated (QCOM) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Multiple recent analyst downgrades cite shrinking market and memory-related headwinds; these calls add selling pressure and raise near-term concerns on demand for Qualcomm’s core mobile products. Qualcomm downgraded at Seaport on shrinking market, memory crunch
• Negative Sentiment: Commentary highlights a recent multi-day losing streak and about $9 billion of market cap erosion, signaling that “big money” has been cautious and sentiment remains fragile. Why Big Money Is Steering Clear Of Qualcomm Stock This Week
• Negative Sentiment: Repeated negative analyst notes (third negative call in ~60 days) and articles asking if it’s time to “reconsider” QCOM reflect elevated short-term risk and could cap upside until clearer demand signals emerge. Qualcomm (QCOM) Stock Receives Third Negative Analyst Call in 60 Days

Wall Street Analysts Forecast Growth

QCOM has been the topic of several recent analyst reports. Morgan Stanley assumed coverage on shares of Qualcomm in a research report on Tuesday, February 10th. They set an “underweight” rating and a $132.00 target price on the stock. UBS Group reissued a “neutral” rating on shares of Qualcomm in a research note on Monday, February 2nd. Royal Bank Of Canada lowered their price target on Qualcomm from $180.00 to $150.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th. JPMorgan Chase & Co. dropped their price objective on Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Finally, Argus decreased their target price on Qualcomm from $205.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $168.00.

Qualcomm Price Performance

The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The company has a 50 day simple moving average of $148.60 and a 200-day simple moving average of $162.16. The stock has a market cap of $140.41 billion, a price-to-earnings ratio of 27.19 and a beta of 1.25.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.38 by $0.12. The company had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, research analysts anticipate that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.7%. Qualcomm’s payout ratio is presently 73.55%.

Insiders Place Their Bets

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the transaction, the executive vice president directly owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 22,404 shares of company stock worth $3,672,557 over the last three months. 0.05% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Qualcomm

Large investors have recently bought and sold shares of the business. Brighton Jones LLC increased its position in Qualcomm by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after buying an additional 9,343 shares during the period. Revolve Wealth Partners LLC lifted its stake in Qualcomm by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after buying an additional 340 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Qualcomm by 44.3% during the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after acquiring an additional 1,020 shares during the period. Avantax Advisory Services Inc. grew its position in shares of Qualcomm by 2.2% during the second quarter. Avantax Advisory Services Inc. now owns 73,585 shares of the wireless technology company’s stock worth $11,719,000 after acquiring an additional 1,557 shares during the last quarter. Finally, Citizens Financial Group Inc. RI grew its position in shares of Qualcomm by 13.5% during the second quarter. Citizens Financial Group Inc. RI now owns 48,351 shares of the wireless technology company’s stock worth $7,700,000 after acquiring an additional 5,767 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

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.