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

QUALCOMM Incorporated (NASDAQ:QCOM) – Investment analysts at Zacks Research upped their FY2026 EPS estimates for QUALCOMM in a research report issued on Tuesday, October 15th. Zacks Research analyst R. Department now forecasts that the wireless technology company will post earnings of $9.44 per share for the year, up from their prior estimate of $9.43. The consensus estimate for QUALCOMM’s current full-year earnings is $8.02 per share.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, July 31st. The wireless technology company reported $1.93 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $9.39 billion for the quarter, compared to analysts’ expectations of $9.23 billion.

Several other equities analysts have also recently issued reports on the stock. Robert W. Baird boosted their price objective on shares of QUALCOMM from $200.00 to $250.00 and gave the company an “outperform” rating in a research note on Tuesday, July 23rd. TD Cowen upgraded shares of QUALCOMM to a “strong-buy” rating in a research note on Monday, September 16th. HSBC downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating and set a $200.00 price objective for the company. in a research report on Wednesday, July 17th. Wells Fargo & Company increased their target price on QUALCOMM from $140.00 to $170.00 and gave the stock an “underweight” rating in a research note on Thursday, August 1st. Finally, Cantor Fitzgerald decreased their price target on QUALCOMM from $215.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 8th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, QUALCOMM presently has an average rating of “Moderate Buy” and an average target price of $209.38.

QUALCOMM Price Performance

QUALCOMM stock opened at $174.09 on Wednesday. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.39 and a quick ratio of 1.78. The business has a 50 day simple moving average of $168.55 and a 200-day simple moving average of $182.28. QUALCOMM has a 12 month low of $104.33 and a 12 month high of $230.63. The stock has a market capitalization of $194.28 billion, a PE ratio of 23.40, a price-to-earnings-growth ratio of 1.71 and a beta of 1.28.

Insider Buying and Selling at QUALCOMM

In other news, CTO James H. Thompson sold 8,000 shares of the business’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 completion of the transaction, the chief technology officer now directly owns 229,987 shares of the company’s stock, valued at $36,912,913.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other QUALCOMM news, insider Alexander H. Rogers sold 3,245 shares of the business’s stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $166.15, for a total value of $539,156.75. Following the completion of the transaction, the insider now directly owns 32,231 shares in the company, valued at approximately $5,355,180.65. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO James H. Thompson sold 8,000 shares of QUALCOMM stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $160.50, for a total value of $1,284,000.00. Following the completion of the sale, the chief technology officer now directly owns 229,987 shares of the company’s stock, valued at approximately $36,912,913.50. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 22,245 shares of company stock worth $3,679,407. 0.08% of the stock is owned by insiders.

Institutional Trading of QUALCOMM

A number of hedge funds have recently added to or reduced their stakes in the business. WFA Asset Management Corp acquired a new stake in shares of QUALCOMM during the 1st quarter worth $27,000. HWG Holdings LP acquired a new position in shares of QUALCOMM in the 2nd quarter valued at about $30,000. Financial Connections Group Inc. purchased a new stake in shares of QUALCOMM during the 2nd quarter worth about $32,000. Aspect Partners LLC increased its position in QUALCOMM by 71.8% during the 2nd quarter. Aspect Partners LLC now owns 177 shares of the wireless technology company’s stock worth $35,000 after purchasing an additional 74 shares in the last quarter. Finally, Richardson Capital Management LLC purchased a new position in QUALCOMM in the first quarter valued at approximately $37,000. 74.35% of the stock is owned by institutional investors and hedge funds.

About QUALCOMM

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.