Qualcomm (NASDAQ:QCOM) EVP Sells 2,500 Shares

by · The Markets Daily

Qualcomm Incorporated (NASDAQ:QCOM – Get Free Report) EVP Akash Palkhiwala sold 2,500 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $182.85, for a total transaction of $457,125.00. Following the completion of the transaction, the executive vice president directly owned 18,184 shares in the company, valued at $3,324,944.40. This represents a 12.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Qualcomm Stock Performance

QCOM stock traded up $5.09 during midday trading on Friday, reaching $181.97. The company had a trading volume of 11,541,876 shares, compared to its average volume of 15,588,781. The firm has a market capitalization of $191.11 billion, a PE ratio of 21.06, a P/E/G ratio of 3.68 and a beta of 1.68. The stock has a 50 day moving average price of $168.34 and a 200 day moving average price of $170.75. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46.

Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same quarter in the previous year, the company posted $2.77 earnings per share. The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Analysts anticipate that Qualcomm Incorporated will post 7.74 earnings per share for the current year.

Qualcomm Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

  • Positive Sentiment: Qualcomm secured a multi-generational custom-silicon partnership with Qualcomm’s AWS Deal Takes Aim at Nvidia, But Comes With Fine Print Amazon Web Services. The deal provides significant validation from a major AI infrastructure customer and strengthens Qualcomm’s challenge to Nvidia in data-center computing. Qualcomm’s CFO is reportedly targeting roughly $5 billion in future data-center revenue, adding to the growth narrative.
  • Positive Sentiment: Investors increasingly view automotive and data-center chips as potential growth engines that can offset slowing handset sales. Analysts and market commentary suggest the AWS agreement could lead to upward estimate revisions if Qualcomm converts the partnership into meaningful, recurring deployments. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
  • Neutral Sentiment: Rosenblatt Securities reaffirmed its “Buy” rating, while Piper Sandler moved Qualcomm to “Hold.” The mixed analyst actions indicate optimism about the longer-term diversification story but limited certainty about near-term earnings growth.
  • Neutral Sentiment: The AWS announcement is strategically important, but reports caution that the partnership’s structure and execution timetable could limit its immediate revenue impact. Qualcomm’s valuation and future upside therefore depend on actual customer volumes and revised forecasts, not simply the headline design win.
  • Negative Sentiment: Apple’s iPhone 18 Pro includes Apple’s in-house C2 modem, signaling continued efforts to reduce reliance on Qualcomm. Although the iPhone 18 Pro Max may still use Qualcomm technology in some markets, further modem insourcing presents a long-term risk to Qualcomm’s handset revenue and margins. iPhone 18 Pro Debuts C2 Modem
  • Negative Sentiment: Qualcomm’s latest quarterly results showed weaker year-over-year earnings and revenue, while earnings per share narrowly missed estimates. That performance, combined with a handset business described as shrinking, leaves investors dependent on automotive, IoT and data-center expansion to sustain the recovery.

Analyst Ratings Changes

A number of analysts recently weighed in on QCOM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualcomm in a report on Wednesday, June 24th. TD Cowen reduced their target price on shares of Qualcomm from $225.00 to $175.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Evercore set a $159.00 target price on shares of Qualcomm in a research report on Thursday, July 30th. Craig Hallum lowered shares of Qualcomm from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Monness Crespi & Hardt raised Qualcomm to a “buy” rating in a report on Thursday, June 25th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $204.10.

View Our Latest Stock Report on Qualcomm

Hedge Funds Weigh In On Qualcomm

A number of institutional investors and hedge funds have recently bought and sold shares of QCOM. California State Teachers Retirement System lifted its stake in shares of Qualcomm by 18,251.8% in the 2nd quarter. California State Teachers Retirement System now owns 301,278,659 shares of the wireless technology company’s stock worth $55,673,283,000 after acquiring an additional 299,636,973 shares during the period. BlackRock Inc. acquired a new position in shares of Qualcomm during the second quarter valued at approximately $17,583,115,000. Geode Capital Management LLC raised its holdings in Qualcomm by 12.5% during the fourth quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock worth $4,931,968,000 after purchasing an additional 3,221,924 shares in the last quarter. Van ECK Associates Corp lifted its position in Qualcomm by 22.7% in the second quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company’s stock worth $3,178,872,000 after purchasing an additional 3,179,720 shares during the period. Finally, Wellington Management Group LLP lifted its position in Qualcomm by 34.5% in the fourth quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock worth $2,861,301,000 after purchasing an additional 4,290,622 shares during the period. Institutional investors own 74.35% of the company’s stock.

Qualcomm Company Profile

(Get Free Report)

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.

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