Analysts Offer Predictions for Qualcomm FY2027 Earnings

Qualcomm Incorporated (NASDAQ:QCOM) – Equities research analysts at Erste Group Bank reduced their FY2027 earnings per share (EPS) estimates for shares of Qualcomm in a report issued on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the wireless technology company will post earnings per share of $7.90 for the year, down from their prior forecast of $7.97. The consensus estimate for Qualcomm’s current full-year earnings is $7.98 per share.

Qualcomm (NASDAQ:QCOM) last announced its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. During the same quarter last year, the firm posted $2.77 EPS. The business’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS.

Several other brokerages also recently weighed in on QCOM. UBS Group set a $300.00 price target on Qualcomm in a report on Monday. Morgan Stanley dropped their target price on shares of Qualcomm from $231.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Thursday. Lake Street Capital lowered shares of Qualcomm to a “hold” rating in a report on Thursday, June 25th. Roth Capital began coverage on Qualcomm in a research note on Friday, May 8th. They issued a “buy” rating for the company. Finally, Bank of America boosted their target price on Qualcomm from $165.00 to $195.00 and gave the stock an “underperform” rating in a research report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty-one have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $226.23.

Qualcomm Stock Performance

Shares of QCOM opened at $155.68 on Thursday. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The stock has a market cap of $164.09 billion, a P/E ratio of 16.92, a P/E/G ratio of 4.84 and a beta of 1.63. The business’s 50 day moving average price is $201.26 and its 200-day moving average price is $167.94. Qualcomm has a 52 week low of $121.99 and a 52 week high of $259.92.

Institutional Trading of Qualcomm

Several hedge funds have recently modified their holdings of the company. Your Advocates Ltd. LLP purchased a new position in shares of Qualcomm in the first quarter valued at $26,000. Richardson Financial Services Inc. raised its stake in Qualcomm by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 80 shares in the last quarter. Torren Management LLC bought a new position in Qualcomm during the fourth quarter valued at $29,000. Caitong International Asset Management Co. Ltd lifted its position in Qualcomm by 17,000.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 170 shares during the last quarter. Finally, Birchwood Financial Partners Inc. bought a new stake in shares of Qualcomm in the 4th quarter worth about $31,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction dated Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total transaction of $452,025.00. Following the completion of the transaction, the executive vice president owned 23,184 shares of the company’s stock, valued at $4,191,899.04. This represents a 9.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of Qualcomm stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 21,529 shares of company stock worth $4,011,441 in the last quarter. 0.05% of the stock is owned by company insiders.

Qualcomm Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s payout ratio is 40.00%.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm secured a long-term agreement to become BMW Group’s lead compute-silicon provider for digital cockpits and advanced driver-assistance systems through the next decade. The deal supports growth in automotive and reduces reliance on smartphones. Qualcomm wins BMW chip supply deal
• Positive Sentiment: The completed all-stock acquisition of Modular adds AI-native software for optimizing generative and agentic AI workloads across edge, cloud and data-center systems, supporting Qualcomm’s broader AI expansion strategy. Qualcomm completes acquisition of Modular
• Positive Sentiment: Quarterly revenue of $9.95 billion exceeded the $9.69 billion consensus estimate, while automotive growth and continued efforts to diversify beyond handsets provide longer-term support. Qualcomm Q3 highlights

About Qualcomm

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.