What is Zacks Research's Forecast for QUALCOMM Q3 Earnings?

QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) - Research analysts at Zacks Research cut their Q3 2025 EPS estimates for shares of QUALCOMM in a note issued to investors on Monday, October 28th. Zacks Research analyst R. Department now anticipates that the wireless technology company will post earnings per share of $1.98 for the quarter, down from their prior forecast of $1.99. The consensus estimate for QUALCOMM's current full-year earnings is $8.02 per share. Zacks Research also issued estimates for QUALCOMM's Q1 2026 earnings at $2.51 EPS and FY2026 earnings at $9.47 EPS.

A number of other research firms also recently weighed in on QCOM. Robert W. Baird raised their price target on shares of QUALCOMM from $200.00 to $250.00 and gave the company an "outperform" rating in a report on Tuesday, July 23rd. Barclays raised their price target on shares of QUALCOMM from $185.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, August 1st. Susquehanna dropped their target price on shares of QUALCOMM from $250.00 to $230.00 and set a "positive" rating on the stock in a report on Monday, October 21st. TD Cowen upgraded shares of QUALCOMM to a "strong-buy" rating in a report on Monday, September 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of QUALCOMM from $155.00 to $170.00 and gave the stock a "hold" rating in a report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $207.92.

QUALCOMM Stock Down 2.9 %

Shares of QUALCOMM stock traded down $4.85 during midday trading on Thursday, reaching $162.77. 10,254,725 shares of the company's stock traded hands, compared to its average volume of 8,971,083. The company has a market cap of $181.33 billion, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 1.71 and a beta of 1.28. The company's 50 day simple moving average is $168.94 and its 200 day simple moving average is $181.93. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.78 and a current ratio of 2.39. QUALCOMM has a 52 week low of $106.69 and a 52 week high of $230.63.

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

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 5th will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $3.40 annualized dividend and a dividend yield of 2.09%. QUALCOMM's dividend payout ratio (DPR) is currently 44.04%.

Insider Activity

In other news, CTO James H. Thompson sold 8,000 shares of QUALCOMM stock in a transaction dated Friday, August 2nd. The shares were 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 in the company, valued at approximately $36,912,913.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other QUALCOMM news, CFO Akash J. Palkhiwala sold 3,000 shares of the business'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 transaction, the chief financial officer now directly owns 51,437 shares in the company, valued at $8,535,970.15. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO James H. Thompson sold 8,000 shares of the business's stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $160.50, for a total transaction of $1,284,000.00. Following the completion of the transaction, the chief technology officer now owns 229,987 shares in the company, valued at approximately $36,912,913.50. This trade 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. Corporate insiders own 0.08% of the company's stock.

Hedge Funds Weigh In On QUALCOMM

A number of institutional investors and hedge funds have recently added to or reduced their stakes in QCOM. Reston Wealth Management LLC bought a new position in shares of QUALCOMM in the third quarter worth about $26,000. HWG Holdings LP bought a new position in shares of QUALCOMM in the second quarter worth about $30,000. Financial Connections Group Inc. bought a new position in shares of QUALCOMM in the second quarter worth about $32,000. Aspect Partners LLC raised its stake in shares of QUALCOMM by 71.8% in the second quarter. Aspect Partners LLC now owns 177 shares of the wireless technology company's stock worth $35,000 after acquiring an additional 74 shares during the last quarter. Finally, Accordant Advisory Group Inc bought a new position in shares of QUALCOMM in the third quarter worth about $36,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

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.