QUALCOMM Incorporated to Post FY2026 Earnings of $9.44 Per Share, Zacks Research Forecasts (NASDAQ:QCOM)

QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) - Equities researchers at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for QUALCOMM in a research report issued on Tuesday, October 15th. Zacks Research analyst R. Department now expects that the wireless technology company will post earnings of $9.44 per share for the year, up from their previous forecast of $9.43. The consensus estimate for QUALCOMM's current full-year earnings is $8.02 per share.

QCOM has been the subject of several other reports. KeyCorp cut QUALCOMM from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, October 8th. Westpark Capital reiterated a "hold" rating on shares of QUALCOMM in a report on Tuesday, July 30th. Cantor Fitzgerald cut their price objective on QUALCOMM from $215.00 to $160.00 and set a "neutral" rating for the company in a report on Tuesday, October 8th. Barclays upped their price objective on QUALCOMM from $185.00 to $200.00 and gave the stock an "overweight" rating in a report on Thursday, August 1st. Finally, Susquehanna upped their price objective on QUALCOMM from $205.00 to $250.00 and gave the stock a "positive" rating in a report on Wednesday, July 17th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $208.75.

QUALCOMM Price Performance

QUALCOMM stock traded down $2.61 during midday trading on Wednesday, hitting $171.48. 6,490,877 shares of the company's stock were exchanged, compared to its average volume of 9,074,854. QUALCOMM has a 52-week low of $104.33 and a 52-week high of $230.63. The stock has a 50-day moving average price of $168.55 and a two-hundred day moving average price of $182.28. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.78 and a current ratio of 2.39. The company has a market cap of $191.37 billion, a P/E ratio of 23.29, a PEG ratio of 1.71 and a beta of 1.28.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last posted its earnings results on Wednesday, July 31st. The wireless technology company reported $1.93 EPS for the quarter, topping the consensus estimate of $1.72 by $0.21. QUALCOMM had a return on equity of 38.12% and a net margin of 23.32%. The business had revenue of $9.39 billion during the quarter, compared to analysts' expectations of $9.23 billion.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pine Haven Investment Counsel Inc raised its stake in shares of QUALCOMM by 2.5% during the second quarter. Pine Haven Investment Counsel Inc now owns 2,059 shares of the wireless technology company's stock valued at $410,000 after acquiring an additional 50 shares in the last quarter. Buffington Mohr McNeal increased its position in shares of QUALCOMM by 3.9% during the second quarter. Buffington Mohr McNeal now owns 1,401 shares of the wireless technology company's stock worth $279,000 after purchasing an additional 53 shares in the last quarter. TRUE Private Wealth Advisors increased its position in shares of QUALCOMM by 2.2% during the second quarter. TRUE Private Wealth Advisors now owns 2,638 shares of the wireless technology company's stock worth $525,000 after purchasing an additional 57 shares in the last quarter. Macroview Investment Management LLC increased its position in shares of QUALCOMM by 10.5% during the second quarter. Macroview Investment Management LLC now owns 600 shares of the wireless technology company's stock worth $119,000 after purchasing an additional 57 shares in the last quarter. Finally, McClarren Financial Advisors Inc. grew its holdings in shares of QUALCOMM by 43.2% during the second quarter. McClarren Financial Advisors Inc. now owns 199 shares of the wireless technology company's stock valued at $40,000 after buying an additional 60 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company's stock.

Insider Buying and Selling at QUALCOMM

In other news, CTO James H. Thompson sold 8,000 shares of the firm's stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $160.50, for a total value of $1,284,000.00. Following the transaction, the chief technology officer now directly owns 229,987 shares in the company, valued at $36,912,913.50. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. In other QUALCOMM news, CTO James H. Thompson sold 8,000 shares of the firm's stock in a transaction dated Friday, August 2nd. The stock was sold at an average price of $160.50, for a total transaction of $1,284,000.00. Following the sale, the chief technology officer now directly owns 229,987 shares of the company's stock, valued at $36,912,913.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Akash J. Palkhiwala sold 3,000 shares of the firm's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $165.95, for a total value of $497,850.00. Following the sale, the chief financial officer now directly owns 51,437 shares in the company, valued at approximately $8,535,970.15. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,245 shares of company stock worth $3,679,407. Insiders own 0.08% of the company's stock.

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a yield of 1.98%. QUALCOMM's dividend payout ratio is 45.70%.

QUALCOMM Company Profile

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.