<div id="readability-page-1"><p><span>QUALCOMM (NASDAQ:QCOM - Get Free Report)</span> had its target price hoisted by equities researchers at JPMorgan Chase &amp; Co.  from $200.00 to $210.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has an &#34;overweight&#34; rating on the wireless technology company's stock. JPMorgan Chase &amp; Co.'s price target would suggest a potential upside of 18.13% from the company's current price.</p><ul><li>MarketBeat Week in Review – 10/27 - 10/31</li></ul><p>Other research analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of QUALCOMM from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Sunday, August 3rd. Piper Sandler decreased their price target on shares of QUALCOMM from $190.00 to $175.00 and set an &#34;overweight&#34; rating for the company in a research note on Thursday, July 31st. Susquehanna boosted their price target on shares of QUALCOMM from $190.00 to $200.00 and gave the company a &#34;positive&#34; rating in a research note on Wednesday, October 22nd. Arete upgraded shares of QUALCOMM from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and set a $200.00 price target for the company in a research note on Tuesday, August 26th. Finally, Mizuho decreased their price target on shares of QUALCOMM from $190.00 to $185.00 and set an &#34;outperform&#34; rating for the company in a research note on Thursday, July 31st. One investment analyst  has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have given a Hold rating and one  has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $184.41.</p><p><b>View Our Latest Report on QUALCOMM</b></p><h2>QUALCOMM Trading Down 1.6%</h2><ul><li>Qualcomm Just Hit A 52 Week High—Time to Buckle Up</li></ul><p>Shares of NASDAQ QCOM traded down $2.95 during midday trading on Tuesday, reaching $177.77. The stock had a trading volume of 1,635,825 shares, compared to its average volume of 8,610,810. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM has a twelve month low of $120.80 and a twelve month high of $205.95. The company's 50 day moving average price is $166.34 and its 200 day moving average price is $157.13. The firm has a market cap of $191.82 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 2.59 and a beta of 1.23. </p><h2>Insider Transactions at QUALCOMM</h2><p>In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the transaction, the chief executive officer directly owned 149,304 shares in the company, valued at $24,718,770.24. This trade represents a 50.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, CFO Akash J. Palkhiwala sold 8,335 shares of the stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $166.06, for a total transaction of $1,384,110.10. Following the transaction, the chief financial officer owned 36,541 shares in the company, valued at $6,067,998.46. The trade was a 18.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 163,169 shares of company stock worth $26,978,998 in the last three months. Insiders own  0.08% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><ul><li>MarketBeat Week in Review – 10/20 - 10/24</li></ul><p>Several institutional investors and hedge funds have recently made changes to their positions in QCOM. Kingstone Capital Partners Texas LLC grew its holdings in shares of  QUALCOMM by 656,661.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company's stock worth $9,360,274,000 after purchasing an additional 58,764,593 shares during the last quarter.  Norges Bank bought a new position in shares of  QUALCOMM in the second quarter worth approximately $2,713,603,000.  Nuveen LLC bought a new position in shares of  QUALCOMM in the first quarter worth approximately $529,713,000.  Amundi grew its holdings in shares of  QUALCOMM by 38.2% in the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company's stock worth $1,866,451,000 after purchasing an additional 3,186,524 shares during the last quarter.  Finally, Viking Global Investors LP grew its holdings in shares of  QUALCOMM by 120.1% in the second 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 own  74.35% of the company's stock. </p><h2>QUALCOMM Company Profile</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>Recommended Stories</h2><ul><li>Five stocks we like better than QUALCOMM</li><li>Natural Gas Prices Continue To Rally, These Stocks Should Benefit</li><li>Intel's SambaNova Play Isn't an Acquisition, It's an Ambush</li><li>Conference Calls and Individual Investors</li><li>Why Roblox Stock Could Soar 75% After the Q3 Dip</li><li>What Investors Need to Know About Upcoming IPOs</li><li>Amazon vs. Apple: Which Mag 7 Is the Better Buy?</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 reporting and unbiased coverage. 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>JPMorgan Chase & Co. has raised its price target for QUALCOMM (NASDAQ: QCOM) from $200.00 to $210.00, maintaining an "overweight" rating. This new target suggests an 18.13% potential upside from the current price. Other analysts have varied opinions, with some downgrading and others upgrading their ratings. Currently, QUALCOMM's stock is trading at $177.77, down 1.6%. The company has a market cap of $191.82 billion and a price-to-earnings ratio of 17.12. Recent insider sales have also been reported.</p>

- JPMorgan Chase & Co. raised QUALCOMM's target price from $200.00 to $210.00, indicating an 18.13% potential upside.  
- Other analysts have varied ratings, with one Strong Buy, thirteen Buy, nine Hold, and one Sell, leading to an average rating of "Moderate Buy" and a price target of $184.41.  
- QUALCOMM's stock recently traded down to $177.77, with significant insider sales and institutional investors holding 74.35% of the company.

QUALCOMM (NASDAQ:QCOM) Price Target Raised to $210.00