Qualcomm Surges 3.89% on $1.42B Trading Volume Ranks 51st in Market Activity as Analysts Eye Short-Term Rebound

Qualcomm (QCOM) surged 3.89% on August 12, 2025, with a trading volume of $1.42 billion, up 53.77% from the prior day, ranking 51st in market activity. Analysts highlighted a potential short-term rebound if the stock holds above $145, with price targets ranging from $140 to $225 and a 12-month average forecast of $181.10. Despite a 3% annual decline, Qualcomm’s 14.82 P/E ratio remains below sector peers, supported by strong earnings and resilient core markets like mobile and automotive.

Technical indicators suggest a critical threshold at $145, with recent weakness failing to establish new lows, signaling waning selling pressure. Institutional investors and analysts, including Piper Sandler and JPMorgan, reiterated buy ratings, while insider sales of 424,099 shares over three months raised questions about confidence. The stock’s 2.3% dividend yield and exposure to the surging semiconductor sector, reflected in the SOXX ETF’s 50% gain since April, underscore its appeal amid broader market optimism.

A strategy of buying the top 500 stocks by daily trading volume and holding for one day generated a $2,340 profit from 2022 to the present, though it faced a maximum drawdown of -15.3% on October 27, 2022. This highlights the strategy’s moderate returns and inherent risks, particularly during volatile market conditions.