Qualcomm Shareholders Approve Board, Pay, and Incentive Plan

Qualcomm ( (QCOM) ) just unveiled an update.

Qualcomm shareholders met on March 17, 2026, for the company’s 2026 annual meeting, where they re-elected the full slate of 11 board nominees, each receiving more than a majority of votes cast, and ratified PricewaterhouseCoopers as independent auditor for the fiscal year ending September 27, 2026. Investors also approved the advisory say-on-pay proposal and chose to maintain annual advisory votes on executive compensation, signaling continued support for existing governance and pay practices.

Shareholders backed an amended and restated 2023 Long-Term Incentive Plan, including a 24 million-share increase to the plan’s share reserve, enhancing Qualcomm’s ability to use equity awards to attract and retain key talent in a competitive semiconductor and wireless markets. Two shareholder proposals, one to expand the ability to call special meetings and another seeking a report on China exposure risk, failed to secure majority support, leaving the company’s current shareholder rights framework and disclosure practices largely unchanged for now.

The most recent analyst rating on (QCOM) stock is a Sell with a $100.00 price target. To see the full list of analyst forecasts on Qualcomm stock, see the QCOM Stock Forecast page.

Spark’s Take on QCOM Stock

According to Spark, TipRanks’ AI Analyst, QCOM is a Neutral.

The score is supported most by strong free cash flow and solid operating profitability with manageable leverage. It is held back by very weak technical momentum (deeply below major moving averages with negative MACD) and a near-term earnings/guidance downshift tied to DRAM-driven handset demand constraints, with valuation offering only limited support at a ~30.8 P/E despite a ~2.58% dividend yield.

To see Spark’s full report on QCOM stock, click here.

More about Qualcomm

Qualcomm Incorporated is a U.S.-based semiconductor and wireless technology company that designs and licenses mobile and connectivity chipsets and related software, with a core focus on smartphone processors, 5G modems and broader connected device ecosystems. The company generates revenue from both chip sales and its extensive portfolio of communications patents, positioning it as a key supplier to global handset makers and emerging IoT and automotive markets.

Average Trading Volume: 9,608,932

Technical Sentiment Signal: Sell

Current Market Cap: $139.2B

See more insights into QCOM stock on TipRanks’ Stock Analysis page.