Analysts Set Qualcomm Incorporated (NASDAQ:QCOM) Price Target at $165.14

2026-04-03 10:44:42 ET

Qualcomm Incorporated ( NASDAQ:QCOM – Get Free Report ) has earned a consensus recommendation of “Hold” from the twenty-five research firms that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation, ten have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $163.7727.

QCOM has been the subject of a number of recent analyst reports. Cantor Fitzgerald dropped their price objective on Qualcomm from $185.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. Argus decreased their target price on Qualcomm from $205.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. TD Cowen lowered their price target on Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Mizuho dropped their price target on Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a report on Thursday, February 5th.

View Our Latest Report on QCOM

Insider Activity

In other Qualcomm news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the transaction, the executive vice president owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link . Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure . Insiders sold 6,618 shares of company stock worth $907,855 over the last ninety days. Insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. waypoint wealth counsel grew its stake in shares of Qualcomm by 2.2% in the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after buying an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. raised its position in shares of Qualcomm by 1.5% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after buying an additional 61 shares in the last quarter. Baron Wealth Management LLC raised its position in shares of Qualcomm by 4.5% during the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after buying an additional 62 shares in the last quarter. Certified Advisory Corp lifted its holdings in shares of Qualcomm by 0.6% in the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock valued at $1,678,000 after acquiring an additional 62 shares during the last quarter. Finally, Elser Financial Planning Inc lifted its holdings in shares of Qualcomm by 3.7% in the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock valued at $297,000 after acquiring an additional 63 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Qualcomm Price Performance

Shares of QCOM stock remained flat at $126.80 on Friday. 8,569,420 shares of the stock traded hands, compared to its average volume of 13,303,993. The stock has a market cap of $135.30 billion, a price-to-earnings ratio of 26.20 and a beta of 1.28. Qualcomm has a 12-month low of $120.80 and a 12-month high of $205.95. The business has a 50 day moving average price of $138.77 and a 200 day moving average price of $159.35. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64.

Qualcomm ( NASDAQ:QCOM – Get Free Report ) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter in the prior year, the firm posted $3.41 EPS. Qualcomm’s quarterly revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Sell-side analysts forecast that Qualcomm will post 9.39 EPS for the current year.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were given a dividend of $0.89 per share. The ex-dividend date was Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.8%. Qualcomm’s dividend payout ratio is currently 73.55%.

Qualcomm declared that its board has approved a stock repurchase plan on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in shares. This buyback authorization authorizes the wireless technology company to reacquire up to 14.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

About Qualcomm

( Get Free Report )

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.

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