QUALCOMM (NASDAQ:QCOM) Sets New 52-Week High - Should You Buy?
QUALCOMM (NASDAQ:QCOM) reached a new 52-week high of $203.55, with analysts raising price targets. JPMorgan increased its target to $200, while Arete upgraded to a "buy" rating. The stock has a market cap of $204.03 billion, a P/E ratio of 18.23, and a dividend yield of 1.9%. Recent insider selling included CEO Cristiano Amon offloading 150,000 shares. Hedge funds have also adjusted their positions, with Harbor Capital Advisors increasing its stake by 72.2%. QUALCOMM's earnings report showed a 10.4% revenue increase year-over-year, with EPS guidance for Q4 2025 set at 2.750-2.950.
QUALCOMM Incorporated (NASDAQ:QCOM - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $195.87 and last traded at $203.55, with a volume of 14693947 shares. The stock had previously closed at $168.94.
Analysts Set New Price Targets
- MarketBeat Week in Review – 10/20 - 10/24
Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of QUALCOMM from $190.00 to $200.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Arete raised QUALCOMM from a "neutral" rating to a "buy" rating and set a $200.00 price objective for the company in a research note on Tuesday, August 26th. Citigroup reissued a "hold" rating on shares of QUALCOMM in a research report on Thursday, July 17th. Piper Sandler lowered their price objective on shares of QUALCOMM from $190.00 to $175.00 and set an "overweight" rating on the stock in a research report on Thursday, July 31st. Finally, Susquehanna boosted their target price on shares of QUALCOMM from $190.00 to $200.00 and gave the company a "positive" rating in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, QUALCOMM currently has an average rating of "Moderate Buy" and an average price target of $183.27.
Check Out Our Latest Research Report on QUALCOMM
QUALCOMM Price Performance
- 2 Ways to Trade Qualcomm Ahead of November’s Earnings
The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The stock's 50 day simple moving average is $163.40 and its 200-day simple moving average is $155.20. The stock has a market capitalization of $204.03 billion, a price-to-earnings ratio of 18.23, a PEG ratio of 2.45 and a beta of 1.23.
QUALCOMM (NASDAQ:QCOM - Get Free Report) last posted its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, topping the consensus estimate of $2.71 by $0.06. The firm had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business's quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. On average, analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.
QUALCOMM Announces Dividend
- MarketBeat Week in Review – 10/13 - 10/17
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Thursday, December 4th. QUALCOMM's payout ratio is presently 34.33%.
Insider Buying and Selling at QUALCOMM
In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of QUALCOMM stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total value of $24,834,000.00. Following the transaction, the chief executive officer directly owned 149,304 shares of the company's stock, valued at $24,718,770.24. The trade was a 50.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Neil Martin sold 791 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the sale, the chief accounting officer directly owned 1,106 shares of the company's stock, valued at $171,230.92. This represents a 41.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 168,102 shares of company stock worth $27,706,855 in the last quarter. 0.08% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On QUALCOMM
Hedge funds have recently made changes to their positions in the business. Harbor Capital Advisors Inc. lifted its stake in QUALCOMM by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock worth $26,000 after purchasing an additional 65 shares during the period. Vermillion & White Wealth Management Group LLC raised its stake in QUALCOMM by 122.4% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company's stock worth $26,000 after acquiring an additional 93 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its stake in QUALCOMM by 70.0% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company's stock worth $26,000 after acquiring an additional 70 shares in the last quarter. Chung Wu Investment Group LLC bought a new position in shares of QUALCOMM during the second quarter valued at $32,000. Finally, Harbor Asset Planning Inc. acquired a new stake in shares of QUALCOMM in the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 74.35% of the company's stock.
QUALCOMM Company Profile
(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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