Gateway Wealth Partners LLC Has $1.12 Million Position in Qualcomm Incorporated $QCOM

Gateway Wealth Partners LLC increased its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 196.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 8,670 shares of the wireless technology company’s stock after acquiring an additional 5,744 shares during the period. Gateway Wealth Partners LLC’s holdings in Qualcomm were worth $1,116,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of QCOM. Norges Bank acquired a new position in shares of Qualcomm during the fourth quarter valued at $2,591,056,000. Wellington Management Group LLP boosted its holdings 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 valued at $2,861,301,000 after acquiring an additional 4,290,622 shares during the last quarter. Geode Capital Management LLC increased its position in Qualcomm by 12.5% in 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 during the period. Invesco Ltd. increased its position in Qualcomm by 28.1% in the fourth quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company’s stock worth $2,163,030,000 after purchasing an additional 2,771,490 shares during the period. Finally, Viking Global Investors LP raised its holdings in Qualcomm by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after purchasing an additional 1,720,529 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualcomm in a research note on Wednesday, June 24th. The Goldman Sachs Group reissued a “neutral” rating and set a $180.00 price target on shares of Qualcomm in a research note on Wednesday. Roth Capital initiated coverage on shares of Qualcomm in a report on Friday, May 8th. They issued a “buy” rating on the stock. Freedom Capital cut shares of Qualcomm from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, Daiwa Securities Group raised shares of Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 target price for the company in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-one have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $224.27.

Insiders Place Their Bets

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the sale, the executive vice president directly owned 39,735 shares in the company, valued at approximately $7,065,677.70. This trade represents a 7.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of Qualcomm stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the transaction, the chief executive officer directly owned 197,568 shares in the company, valued at approximately $35,562,240. The trade was a 4.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 21,529 shares of company stock worth $4,011,441. Company insiders own 0.05% of the company’s stock.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm reported fiscal third-quarter revenue of $9.95 billion, exceeding the $9.69 billion consensus estimate. Automotive revenue and broader diversification remain important growth drivers. Qualcomm quarterly earnings report
• Positive Sentiment: BMW selected Qualcomm as its lead compute-silicon provider for future digital-cockpit and advanced driver-assistance systems, with programs expected to extend through the next decade. The deal strengthens Qualcomm’s automotive backlog and reduces reliance on smartphones. Qualcomm BMW chip supply deal
• Positive Sentiment: Qualcomm completed its all-stock acquisition of Modular, adding AI-native software for deploying generative and agentic AI workloads across edge, cloud and data-center systems. Qualcomm completes Modular acquisition
• Neutral Sentiment: Qualcomm’s quarterly EPS of $2.21 was essentially in line with estimates but declined from $2.77 a year earlier, while revenue growth was stronger than expected.
• Negative Sentiment: Fiscal fourth-quarter EPS guidance of $2.05–$2.25 was below the $2.23 consensus midpoint, and the $9.7–$10.5 billion revenue range was broadly in line with expectations. Management cited a continuing memory and semiconductor supply crunch and indicated that prices will rise. Qualcomm earnings guidance and memory crunch
• Negative Sentiment: Net income fell 25% year over year to approximately $2 billion. Weak handset sales, higher costs and declining Apple-related revenue are weighing on short-term earnings sentiment, despite automotive strength. Qualcomm Q3 earnings miss

Qualcomm Price Performance

Shares of QCOM stock opened at $155.68 on Thursday. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The firm has a fifty day moving average of $201.26 and a 200-day moving average of $167.94. The firm has a market capitalization of $164.09 billion, a price-to-earnings ratio of 16.92, a price-to-earnings-growth ratio of 4.84 and a beta of 1.63.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). The business had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities research analysts forecast that Qualcomm Incorporated will post 7.98 earnings per share for the current year.

Qualcomm Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s payout ratio is 40.00%.

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.