QUALCOMM (NASDAQ:QCOM) Shares Down 4.8% – Here’s Why

12 Jan 2026, 22:13 by Renee Jackson · The Cerbat Gem

Shares of QUALCOMM Incorporated (NASDAQ:QCOM – Get Free Report) were down 4.8% on Monday . The stock traded as low as $169.24 and last traded at $169.27. Approximately 13,568,230 shares changed hands during mid-day trading, an increase of 40% from the average daily volume of 9,698,816 shares. The stock had previously closed at $177.78.

Key Headlines Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

Positive Sentiment: Volkswagen strategic deal — VWAGY is teaming with Qualcomm to power software-defined vehicles (SDVs), enabling Level‑4 driving, zonal architectures and AI infotainment by 2027, which could materially expand QCOM’s automotive silicon and software revenue over the next several years. Volkswagen-Qualcomm Deal Strengthens SDV and Autonomous Push
Positive Sentiment: Edge/IoT partnership — RF Controls, Qualcomm and Inventec unveiled a secure, scalable CS‑EDGE ALxEG gateway for intelligent RFID, signaling traction for QCOM in industrial edge and IoT gateway markets beyond smartphones. RF Controls, Qualcomm, and Inventec Introduce Secure, Scalable CS-EDGE ALxEG Edge Gateway for Intelligent RFID
Neutral Sentiment: Short‑interest data appears erroneous/no signal — a January report lists 0 shares short with NaN change and a 0.0 days‑to‑cover metric; this offers no clear bearish pressure signal to explain today’s move. Short Interest Report
Neutral Sentiment: Consensus broker view mixed — aggregated broker ratings show a “Moderate Buy” consensus, while an unnamed “top analyst” published a new rating recently; the mixed analyst picture creates near‑term sentiment volatility. QUALCOMM Given Consensus Rating of “Moderate Buy” Qualcomm Receives a New Rating from a Top Analyst
Neutral Sentiment: AI demo coverage — short social/video pieces (e.g., a Yahoo/YouTube short on an AI “businessman” robot) highlight Qualcomm’s AI positioning and PR momentum but are unlikely to move fundamentals in the near term. Qualcomm’s AI “businessman” robot is ready to take your job
Negative Sentiment: Analyst downgrade and market reaction — Mizuho cut QCOM to “Hold,” and coverage noted the downgrade as a proximate cause for the stock pulling back; related press flagged shares down following the analyst action, contributing to today’s weakness. QUALCOMM Cut to “Hold” at Mizuho Qualcomm stock trades down, here is why

Analyst Ratings Changes

QCOM has been the subject of several recent research reports. Mizuho set a $175.00 price target on QUALCOMM and gave the company a “neutral” rating in a research note on Friday. Wells Fargo & Company boosted their target price on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. increased their price target on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Finally, Cowen reaffirmed a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Twelve 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 company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $191.56.

Get Our Latest Research Report on QUALCOMM

QUALCOMM Stock Down 4.8%

The firm has a market capitalization of $181.29 billion, a price-to-earnings ratio of 34.62, a price-to-earnings-growth ratio of 3.89 and a beta of 1.21. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The business’s 50 day moving average is $173.02 and its 200-day moving average is $165.59.

QUALCOMM (NASDAQ:QCOM – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The company 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 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

Insider Transactions at QUALCOMM

In other QUALCOMM 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 value of $34,510.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ann C. Chaplin sold 7,180 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the transaction, the executive vice president owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. This trade represents a 23.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 53,155 shares of company stock worth $9,267,593. Insiders own 0.08% of the company’s stock.

Institutional Trading of QUALCOMM

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Guinness Asset Management LTD increased its stake in QUALCOMM by 11.6% in the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after purchasing an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. grew its stake in shares of QUALCOMM by 18.6% in the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after buying an additional 3,524 shares during the period. Westerkirk Capital Inc. bought a new stake in QUALCOMM in the 2nd quarter valued at about $4,539,000. MASTERINVEST Kapitalanlage GmbH acquired a new position in QUALCOMM during the 2nd quarter worth approximately $3,896,000. Finally, Great Lakes Retirement Inc. boosted its holdings in QUALCOMM by 8.0% in the second quarter. Great Lakes Retirement Inc. now owns 21,687 shares of the wireless technology company’s stock worth $3,454,000 after acquiring an additional 1,610 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

QUALCOMM Company Profile

(Get Free Report)

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.