Equities Analysts Set Expectations for QUALCOMM Q3 Earnings

QUALCOMM Incorporated (NASDAQ:QCOM) – Research analysts at Zacks Research upped their Q3 2026 earnings estimates for shares of QUALCOMM in a report issued on Tuesday, October 15th. Zacks Research analyst R. Department now anticipates that the wireless technology company will post earnings per share of $2.23 for the quarter, up from their prior forecast of $2.22. The consensus estimate for QUALCOMM’s current full-year earnings is $8.02 per share.

Several other equities analysts have also recently commented on the stock. Tigress Financial raised their price target on shares of QUALCOMM from $238.00 to $270.00 and gave the company a “buy” rating in a research report on Friday, June 21st. Wolfe Research cut shares of QUALCOMM from an “outperform” rating to a “peer perform” rating in a research report on Monday, August 12th. DZ Bank raised shares of QUALCOMM from a “hold” rating to a “buy” rating and set a $210.00 price objective for the company in a research report on Friday, August 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of QUALCOMM from $155.00 to $170.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Finally, Westpark Capital reaffirmed a “hold” rating on shares of QUALCOMM in a research report on Tuesday, July 30th. 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. According to MarketBeat.com, QUALCOMM presently has an average rating of “Moderate Buy” and an average target price of $208.75.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $171.10 on Thursday. The company has a quick ratio of 1.78, a current ratio of 2.39 and a debt-to-equity ratio of 0.53. QUALCOMM has a 52 week low of $104.33 and a 52 week high of $230.63. The stock has a market capitalization of $190.95 billion, a PE ratio of 23.00, a P/E/G ratio of 1.71 and a beta of 1.28. The firm has a 50 day moving average of $168.98 and a two-hundred day moving average of $182.12.

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

QUALCOMM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.85 per share. The ex-dividend date is Thursday, December 5th. This represents a $3.40 annualized dividend and a yield of 1.99%. QUALCOMM’s payout ratio is currently 45.70%.

Insiders Place Their Bets

In other QUALCOMM news, CTO James H. Thompson sold 8,000 shares of the company’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 transaction, the chief technology officer now directly owns 229,987 shares in the company, valued at approximately $36,912,913.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other QUALCOMM news, CFO Akash J. Palkhiwala sold 3,000 shares of the company’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 owns 51,437 shares of the company’s stock, valued at $8,535,970.15. This represents a 0.00 % 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, CTO James H. Thompson sold 8,000 shares of the company’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 sale, 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 22,245 shares of company stock worth $3,679,407. 0.08% of the stock is owned by company insiders.

Institutional Trading of QUALCOMM

Several institutional investors and hedge funds have recently modified their holdings of the business. Stratos Wealth Partners LTD. lifted its stake in shares of QUALCOMM by 11.7% during the third quarter. Stratos Wealth Partners LTD. now owns 118,592 shares of the wireless technology company’s stock valued at $20,167,000 after buying an additional 12,444 shares during the period. Richard W. Paul & Associates LLC lifted its stake in shares of QUALCOMM by 68.1% during the third quarter. Richard W. Paul & Associates LLC now owns 5,360 shares of the wireless technology company’s stock valued at $911,000 after buying an additional 2,172 shares during the period. OmniStar Financial Group Inc. lifted its stake in shares of QUALCOMM by 54.4% during the third quarter. OmniStar Financial Group Inc. now owns 7,306 shares of the wireless technology company’s stock valued at $1,246,000 after buying an additional 2,575 shares during the period. Aaron Wealth Advisors LLC lifted its stake in shares of QUALCOMM by 20.9% during the third quarter. Aaron Wealth Advisors LLC now owns 8,352 shares of the wireless technology company’s stock valued at $1,420,000 after buying an additional 1,443 shares during the period. Finally, V Square Quantitative Management LLC lifted its stake in shares of QUALCOMM by 46.3% during the third quarter. V Square Quantitative Management LLC now owns 8,672 shares of the wireless technology company’s stock valued at $1,475,000 after buying an additional 2,746 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

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.