What is KeyCorp’s Forecast for QUALCOMM Q1 Earnings?

QUALCOMM Incorporated (NASDAQ:QCOM) – Equities research analysts at KeyCorp issued their Q1 2026 EPS estimates for shares of QUALCOMM in a note issued to investors on Monday, January 12th. KeyCorp analyst J. Vinh forecasts that the wireless technology company will post earnings of $2.77 per share for the quarter. The consensus estimate for QUALCOMM’s current full-year earnings is $9.39 per share.

A number of other equities research analysts also recently weighed in on QCOM. Wells Fargo & Company raised their price target 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. Bank of America raised their target price on shares of QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Royal Bank Of Canada started coverage on shares of QUALCOMM in a research note on Wednesday. They set a “sector perform” rating and a $180.00 target price on the stock. Susquehanna set a $210.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. Finally, Mizuho set a $175.00 price objective on QUALCOMM and gave the company a “neutral” rating in a report on Friday, January 9th. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $191.28.

QUALCOMM Stock Performance

NASDAQ:QCOM opened at $159.42 on Thursday. QUALCOMM has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The stock’s 50-day simple moving average is $172.10 and its 200 day simple moving average is $165.60. The firm has a market capitalization of $170.74 billion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 3.60 and a beta of 1.21.

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

QUALCOMM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s payout ratio is currently 72.80%.

Insiders Place Their Bets

In related news, EVP Ann C. Chaplin sold 7,180 shares of QUALCOMM stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the transaction, the executive vice president owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This trade represents a 23.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the transaction, the insider owned 19,593 shares in the company, valued at approximately $3,387,041.91. The trade was a 7.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 53,155 shares of company stock valued at $9,267,593 over the last three months. Insiders own 0.08% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Harbor Capital Advisors Inc. boosted its holdings in shares of QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares in the last quarter. Cloud Capital Management LLC acquired a new position in shares of QUALCOMM during the 3rd quarter valued at $27,000. Chung Wu Investment Group LLC bought a new position in QUALCOMM during the second quarter worth $32,000. Harbor Asset Planning Inc. acquired a new stake in QUALCOMM in the second quarter worth $32,000. Finally, Winnow Wealth LLC acquired a new stake in QUALCOMM in the second quarter worth $32,000. 74.35% of the stock is owned by institutional investors.

Key Headlines Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Declared quarterly cash dividend of $0.89/share (annualized yield ~2.2%); payable March 26 to holders of record March 5 — supports income investors and signals confidence in cash flow. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: Coverage and feature pieces highlight Qualcomm’s push into personal AI, wearables (large Ray‑Ban demand with Meta) and new Dragonwing IQ10 chips for robotics — these represent meaningful growth levers beyond handset modems. Qualcomm: Ignored Personal AI Boom
• Neutral Sentiment: RBC (RBC Capital) initiated coverage with a “sector perform” / KeyCorp issued updated Q1 EPS assumptions — analyst activity keeps the name in focus but does not currently signal a consensus upgrade. RBC Capital initiates coverage
• Negative Sentiment: Mizuho’s downgrade (covered in MarketBeat) from Outperform to Neutral and a cut to the price target flagged near‑term headwinds: expected modem share losses on upcoming Apple devices, softer global handset demand (especially China), and rising local competition — this note is the primary driver of recent selling pressure. Qualcomm: Wall Street’s Patience Is Wearing Thin
• Negative Sentiment: Trade/tariff risk: coverage highlights the potential impact of a proposed 25% tariff on AI chips — could raise costs or disrupt supply chains for semiconductor players exposed to the U.S./China/Taiwan dynamics. 5 AI Chip Stocks Most Exposed to Trump’s New 25% Tariff

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.