FY2028 EPS Estimates for QUALCOMM Lifted by Zacks Research

QUALCOMM Incorporated (NASDAQ:QCOM) – Equities research analysts at Zacks Research raised their FY2028 earnings estimates for shares of QUALCOMM in a research note issued on Thursday, December 11th. Zacks Research analyst Team now forecasts that the wireless technology company will post earnings of $9.82 per share for the year, up from their previous estimate of $9.81. The consensus estimate for QUALCOMM’s current full-year earnings is $9.39 per share.

Other equities research analysts also recently issued reports about the company. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Mizuho increased their target price on shares of QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Wells Fargo & Company boosted their target price on shares of QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Thursday, November 6th. Citigroup upped their price target on QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 28th. Finally, Piper Sandler upped their price target on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Thirteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $191.00.

QUALCOMM Stock Up 0.5%

Shares of NASDAQ QCOM opened at $179.26 on Monday. The business’s fifty day simple moving average is $170.94 and its 200-day simple moving average is $162.53. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. QUALCOMM has a 12-month low of $120.80 and a 12-month high of $205.95. The stock has a market cap of $191.99 billion, a P/E ratio of 36.66, a PEG ratio of 3.91 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The firm had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter last year, the company earned $2.69 EPS. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC lifted its position in QUALCOMM by 656,661.0% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock worth $9,360,274,000 after acquiring an additional 58,764,593 shares during the last quarter. Norges Bank bought a new stake in QUALCOMM during the 2nd quarter valued at approximately $2,713,603,000. Wellington Management Group LLP grew its holdings in QUALCOMM by 141.8% in the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock valued at $2,069,059,000 after buying an additional 7,292,783 shares during the last quarter. Amundi increased its position in QUALCOMM by 38.2% in the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after buying an additional 3,186,524 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of QUALCOMM by 36.8% during the third quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company’s stock worth $1,090,025,000 after buying an additional 1,764,252 shares during the last quarter. 74.35% of the stock is owned by institutional investors.

Insider Transactions at QUALCOMM

In related news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the transaction, the insider directly owned 19,593 shares of the company’s stock, valued at $3,387,041.91. The trade was a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Akash J. Palkhiwala sold 8,335 shares of the firm’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $166.06, for a total value of $1,384,110.10. Following the sale, the chief financial officer directly owned 36,541 shares of the company’s stock, valued at approximately $6,067,998.46. This represents a 18.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 164,388 shares of company stock valued at $27,248,752. Company insiders own 0.08% of the company’s stock.

QUALCOMM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Thursday, December 4th. QUALCOMM’s payout ratio is currently 72.80%.

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.