QUALCOMM (NASDAQ:QCOM) Shares Down 1.2% – Here’s Why

QUALCOMM Incorporated (NASDAQ:QCOM) shares traded down 1.2% during trading on Wednesday . The stock traded as low as $177.11 and last traded at $180.19. 9,736,497 shares traded hands during trading, an increase of 7% from the average session volume of 9,064,916 shares. The stock had previously closed at $182.45.

Trending Headlines about QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Analysts are rethinking Qualcomm’s investment story after new AI and Android-related announcements at CES, highlighting stronger on-device AI positioning and a broader competitive footprint that could lift long‑term growth expectations. Read More.
• Positive Sentiment: QCOM expanded automotive wins: a Hyundai Mobis partnership to co-develop software-defined vehicles and ADAS using Snapdragon Ride Flex — this could accelerate recurring software/processor revenue from autos. Read More.
• Positive Sentiment: Qualcomm struck a long‑term supply deal to provide infotainment tech for Volkswagen’s new software platform, reinforcing automotive content gains and multi-year revenue visibility. Read More.
• Positive Sentiment: JPMorgan and other CES takeaways show Qualcomm’s Snapdragon platforms are moving deeper into PCs and high‑end laptops, expanding TAM beyond phones and supporting the company’s diversification narrative. Read More.
• Positive Sentiment: Qualcomm showcased robot and AI compute use cases at CES (and in an investor video explaining humanoid-robot deployments), signaling on-device AI traction that supports higher-margin, software-enabled opportunities. Read More. • Read More.
• Neutral Sentiment: Technicals: MarketBeat notes Qualcomm is pressing a key resistance (~$183) after a tightening wedge; a decisive breakout could be bullish, but failure would keep the stock range‑bound — important near-term chart risk/reward ahead of earnings. Read More.
• Neutral Sentiment: Earnings preview: Analysts expect a modest, single‑digit EPS decline for the coming quarter, making the upcoming report a key catalyst — upside beats could drive a sharp move, misses could amplify downside. Read More.
• Neutral Sentiment: Increased investor attention noted by Zacks — higher search/flow can magnify moves in either direction as earnings approach. Read More.
• Negative Sentiment: Mizuho downgraded Qualcomm citing growing handset headwinds — persistent weakness in smartphone volumes/pricing could pressure near‑term earnings and margins, countering diversification gains. Read More.

Wall Street Analyst Weigh In

QCOM has been the subject of a number of recent research reports. Piper Sandler upped their price objective on shares of QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Wells Fargo & Company upped their price target on QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research note on Thursday, November 6th. Cantor Fitzgerald reissued a “neutral” rating and set a $185.00 price objective on shares of QUALCOMM in a report on Tuesday, December 16th. TD Cowen raised their price objective on QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Susquehanna set a $210.00 target price on QUALCOMM in a research report on Thursday, November 6th. Twelve equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, QUALCOMM presently has an average rating of “Moderate Buy” and a consensus price target of $191.56.

QUALCOMM Stock Down 2.2%

The firm has a 50-day moving average price of $173.25 and a two-hundred day moving average price of $165.38. The company has a market capitalization of $190.40 billion, a P/E ratio of 36.36, a PEG ratio of 3.98 and a beta of 1.21. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating the consensus estimate of $2.87 by $0.13. The firm had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

Insider Buying and Selling at QUALCOMM

In other news, CAO Patricia Y. Grech sold 203 shares of QUALCOMM stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $170.00, for a total transaction of $34,510.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $173.30, for a total value of $577,608.90. Following the completion of the transaction, the executive vice president owned 38,932 shares of the company’s stock, valued at $6,746,915.60. The trade was a 7.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 53,155 shares of company stock valued at $9,267,593 over the last quarter. Company insiders own 0.08% of the company’s stock.

Institutional Investors Weigh In On QUALCOMM

Several institutional investors and hedge funds have recently bought and sold shares of the business. Clear Trail Advisors LLC acquired a new position in shares of QUALCOMM in the 4th quarter valued at $709,000. SG Americas Securities LLC increased its stake in QUALCOMM by 93.4% in the fourth quarter. SG Americas Securities LLC now owns 1,335,432 shares of the wireless technology company’s stock valued at $228,426,000 after acquiring an additional 645,038 shares during the period. Charles Schwab Trust Co raised its position in QUALCOMM by 7.3% in the fourth quarter. Charles Schwab Trust Co now owns 5,829 shares of the wireless technology company’s stock worth $997,000 after purchasing an additional 397 shares in the last quarter. Aull & Monroe Investment Management Corp lifted its stake in QUALCOMM by 1.4% during the fourth quarter. Aull & Monroe Investment Management Corp now owns 5,435 shares of the wireless technology company’s stock worth $930,000 after purchasing an additional 75 shares during the period. Finally, Affinity Capital Advisors LLC bought a new position in QUALCOMM during the fourth quarter worth about $241,000. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Company Profile

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.