FY2026 EPS Estimates for QUALCOMM Increased by Analyst

QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) - Research analysts at Zacks Research increased their FY2026 EPS estimates for shares of QUALCOMM in a research report issued to clients and investors on Monday, January 20th. Zacks Research analyst R. Department now forecasts that the wireless technology company will post earnings per share of $9.77 for the year, up from their prior forecast of $9.76. The consensus estimate for QUALCOMM's current full-year earnings is $9.12 per share. Zacks Research also issued estimates for QUALCOMM's Q4 2026 earnings at $2.33 EPS, Q1 2027 earnings at $2.63 EPS and FY2027 earnings at $10.29 EPS.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The wireless technology company reported $2.26 earnings per share for the quarter, beating analysts' consensus estimates of $2.01 by $0.25. The firm had revenue of $10.24 billion for the quarter, compared to analyst estimates of $9.90 billion. QUALCOMM had a net margin of 26.03% and a return on equity of 38.81%.

QCOM has been the subject of a number of other reports. Benchmark restated a "buy" rating and set a $240.00 target price on shares of QUALCOMM in a research report on Thursday, November 7th. Morgan Stanley lowered their target price on QUALCOMM from $207.00 to $204.00 and set an "equal weight" rating on the stock in a research note on Thursday, November 7th. Barclays decreased their price target on QUALCOMM from $200.00 to $185.00 and set an "overweight" rating for the company in a report on Friday, January 17th. Wells Fargo & Company raised their price objective on shares of QUALCOMM from $170.00 to $175.00 and gave the stock an "underweight" rating in a research note on Thursday, November 7th. Finally, KeyCorp cut shares of QUALCOMM from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, October 8th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, QUALCOMM presently has an average rating of "Moderate Buy" and a consensus price target of $206.57.

QUALCOMM Stock Performance

Shares of QUALCOMM stock traded up $2.97 on Wednesday, reaching $170.24. 7,211,119 shares of the stock were exchanged, compared to its average volume of 7,189,955. The business has a 50 day moving average price of $158.86 and a two-hundred day moving average price of $168.02. The firm has a market capitalization of $189.14 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 2.75 and a beta of 1.25. The company has a quick ratio of 1.79, a current ratio of 2.40 and a debt-to-equity ratio of 0.51. QUALCOMM has a twelve month low of $139.26 and a twelve month high of $230.63.

Institutional Trading of QUALCOMM

Institutional investors and hedge funds have recently bought and sold shares of the stock. Public Sector Pension Investment Board boosted its holdings in QUALCOMM by 75.5% during the 2nd quarter. Public Sector Pension Investment Board now owns 43,177 shares of the wireless technology company's stock valued at $8,600,000 after acquiring an additional 18,577 shares during the period. Magnetar Financial LLC acquired a new position in shares of QUALCOMM in the second quarter valued at approximately $2,983,000. Interval Partners LP increased its stake in QUALCOMM by 12,590.0% during the 2nd quarter. Interval Partners LP now owns 10,152 shares of the wireless technology company's stock worth $2,022,000 after buying an additional 10,072 shares during the period. Westwood Wealth Management lifted its holdings in QUALCOMM by 22.6% during the 2nd quarter. Westwood Wealth Management now owns 2,708 shares of the wireless technology company's stock worth $539,000 after buying an additional 500 shares in the last quarter. Finally, Semmax Financial Advisors Inc. purchased a new position in QUALCOMM in the 2nd quarter valued at approximately $1,338,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at QUALCOMM

In other QUALCOMM news, CAO Neil Martin sold 1,304 shares of QUALCOMM stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $155.00, for a total transaction of $202,120.00. Following the transaction, the chief accounting officer now directly owns 94 shares of the company's stock, valued at $14,570. The trade was a 93.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Ann C. Chaplin sold 1,901 shares of QUALCOMM stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $165.06, for a total transaction of $313,779.06. Following the sale, the general counsel now directly owns 12,007 shares in the company, valued at approximately $1,981,875.42. The trade was a 13.67 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,882 shares of company stock valued at $4,314,649. 0.08% of the stock is currently owned by insiders.

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a $0.85 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 2.00%. QUALCOMM's dividend payout ratio (DPR) is presently 37.82%.

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.