<div id="readability-page-1"><p>StockNews.com cut shares of <span>QUALCOMM (NASDAQ:QCOM - Free Report)</span> from a strong-buy rating to a buy rating in a research report released on Wednesday morning.</p><ul><li>MarketBeat Week in Review – 02/10 - 02/14</li></ul><p>Several other brokerages also recently weighed in on QCOM. Melius assumed coverage on QUALCOMM in a report on Monday, December 9th. They issued a &#34;hold&#34; rating and a $180.00 price target for the company. Cantor Fitzgerald  reiterated a &#34;neutral&#34; rating and issued a $160.00 price target on shares of QUALCOMM in a report on Thursday, February 6th. Evercore ISI dropped their price objective on QUALCOMM from $199.00 to $179.00 and set an &#34;in-line&#34; rating for the company in a report on Thursday, February 6th. Rosenblatt Securities  restated a &#34;buy&#34; rating and set a $250.00 price objective on shares of QUALCOMM in a report on Thursday, February 6th. Finally, Piper Sandler dropped their price objective on QUALCOMM from $205.00 to $190.00 and set an &#34;overweight&#34; rating for the company in a report on Thursday, February 6th. One investment analyst  has rated the stock with a sell rating, fourteen have assigned  a hold rating, fifteen have given a buy rating and one  has assigned  a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $205.32.</p><p><b>Check Out Our Latest Report on QUALCOMM</b></p><h2>QUALCOMM Trading Down 0.2 %</h2><ul><li>3 Reasons to Love This Underperforming Chipmaker</li></ul><p>Shares of QUALCOMM stock opened at $152.80 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 2.62 and a quick ratio of 1.99. QUALCOMM has a 1 year low of $149.43 and a 1 year high of $230.63. The company has a market capitalization of $169.00 billion, a P/E ratio of 16.32, a P/E/G ratio of 2.01 and a beta of 1.28. The business has a 50 day moving average price of $164.74 and a 200 day moving average price of $164.70. </p><p>QUALCOMM (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The wireless technology company reported $2.86 earnings per share for the quarter, missing the consensus estimate of $2.93 by ($0.07). QUALCOMM had a net margin of 25.94% and a return on equity of 39.51%.  Sell-side analysts anticipate that  QUALCOMM will post 9.39 EPS for the current fiscal year. </p><h2>QUALCOMM Dividend Announcement</h2><ul><li>Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?</li></ul><p>The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.85 per share. The ex-dividend date is Thursday, March 6th. This represents a $3.40 annualized dividend and a dividend yield of 2.23%. QUALCOMM's payout ratio is 36.32%. </p><h2>Insider Transactions at QUALCOMM</h2><p>In related news, insider Alexander H. Rogers sold 19,287 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $169.83, for a total transaction of $3,275,511.21. Following the sale, the insider now owns 20,762 shares in the company, valued at $3,526,010.46. This represents a 48.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. Also, General Counsel Ann C. Chaplin sold 2,587 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $158.12, for a total transaction of $409,056.44. Following the sale, the general counsel now owns 19,739 shares in the company, valued at approximately $3,121,130.68. This trade represents a 11.59 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 30,555 shares of company stock valued at $5,094,134. Insiders own  0.08% of the company's stock. </p><h2>Institutional Investors Weigh In On QUALCOMM</h2><p>Institutional investors and hedge funds have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC acquired a new stake in  QUALCOMM during the fourth quarter worth about $26,000.  Banque Transatlantique SA acquired a new stake in shares of  QUALCOMM in the fourth quarter valued at approximately $26,000.  CKW Financial Group acquired a new stake in shares of  QUALCOMM in the fourth quarter valued at approximately $27,000.  Centricity Wealth Management LLC acquired a new stake in shares of  QUALCOMM in the fourth quarter valued at approximately $29,000.  Finally, Sunbeam Capital Management LLC acquired a new stake in shares of  QUALCOMM in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own  74.35% of the company's stock. </p><h2>About QUALCOMM</h2> (Get Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than QUALCOMM</li><li>Learn Technical Analysis Skills to Master the Stock Market</li><li>Ramaco Resources Pins Hopes on Coal's Untapped Potential </li><li>Transportation Stocks Investing</li><li>NVIDIA’s Soaring Energy Needs Make These 3 Nuclear Stocks a Buy</li><li>Consumer Discretionary Stocks Explained</li><li>Why Energy Transfer Belongs on Your Watchlist</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UUNPTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UUNPTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in QUALCOMM Right Now?</h2><p>Before you consider QUALCOMM, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and QUALCOMM wasn't on the list.</p><p>While QUALCOMM currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

QCOM

<p>StockNews.com downgraded QUALCOMM (NASDAQ:QCOM) from a "strong-buy" to a "buy" rating. Other brokerages have also provided mixed ratings, with price targets ranging from $160 to $250. QUALCOMM's stock opened at $152.80, with a market cap of $169 billion and a P/E ratio of 16.32. The company reported earnings of $2.86 per share, missing estimates. A quarterly dividend of $0.85 per share will be paid on March 27. Insider transactions revealed significant share sales, and institutional investors hold 74.35% of the stock.</p>

- StockNews.com downgraded QUALCOMM (NASDAQ:QCOM) from a strong-buy to a buy rating, with various brokerages providing mixed ratings and price targets.  
- The company reported earnings of $2.86 per share, missing estimates, and announced a quarterly dividend of $0.85 per share, reflecting a 2.23% yield.  
- Insider transactions revealed significant share sales, while institutional investors hold 74.35% of the stock, indicating strong institutional interest.

QUALCOMM (NASDAQ:QCOM) Downgraded to "Buy" Rating by StockNews.com