FY2027 EPS Estimates for Qualcomm Lifted by Erste Group Bank

Qualcomm Incorporated (NASDAQ:QCOM) – Erste Group Bank increased their FY2027 earnings per share estimates for shares of Qualcomm in a note issued to investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the wireless technology company will earn $7.97 per share for the year, up from their prior estimate of $7.74. The consensus estimate for Qualcomm’s current full-year earnings is $7.97 per share.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter last year, the business posted $2.85 earnings per share. Qualcomm’s revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS.

Several other research analysts also recently weighed in on QCOM. Zacks Research raised shares of Qualcomm from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Oppenheimer cut shares of Qualcomm from a “market perform” rating to a “market perform” rating in a research note on Friday, May 8th. Tigress Financial lifted their price target on shares of Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, May 8th. TD Cowen boosted their price objective on shares of Qualcomm from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $160.00 price objective on shares of Qualcomm in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-one have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $221.31.

Qualcomm Stock Up 0.7%

QCOM opened at $171.78 on Friday. 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 firm has a market cap of $181.06 billion, a P/E ratio of 18.67, a PEG ratio of 5.11 and a beta of 1.63. Qualcomm has a 52 week low of $121.99 and a 52 week high of $259.92. The business’s fifty day simple moving average is $207.62 and its 200 day simple moving average is $168.42.

Qualcomm Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s payout ratio is currently 40.00%.

Insider Buying and Selling at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the sale, the executive vice president directly owned 39,735 shares in the company, valued at approximately $7,065,677.70. This represents a 7.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 21,721 shares of company stock worth $4,044,465. Insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Qualcomm

Institutional investors and hedge funds have recently modified their holdings of the stock. Richardson Financial Services Inc. grew its position in Qualcomm by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after acquiring an additional 80 shares in the last quarter. Torren Management LLC acquired a new position in shares of Qualcomm during the fourth quarter worth $29,000. Caitong International Asset Management Co. Ltd lifted its position in shares of 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 worth $29,000 after purchasing an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. purchased a new position in shares of Qualcomm in the fourth quarter valued at $31,000. Finally, Commonwealth Retirement Investments LLC purchased a new position in shares of Qualcomm in the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm announced a quarterly cash dividend of $0.92 per share, reinforcing shareholder returns and supporting the stock’s income appeal. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: Micron said it signed long-term supply agreements with Qualcomm and other partners for memory and storage components used in AI-enabled vehicles, which highlights Qualcomm’s push into automotive AI and could improve supply reliability. Micron signs deals with Qualcomm, others for AI-powered automobile chip components
• Positive Sentiment: Qualcomm’s automotive AI expansion was further emphasized in reporting on new long-term auto supply deals, which may support longer-term growth expectations for its chip platforms. Qualcomm Secures Long Term Auto Supply Deals To Back AI Vehicles
• Neutral Sentiment: Qualcomm remains a dividend payer and was featured among legacy tech names offering shareholder yields, which is more of a stability signal than a direct catalyst. 4 Tech Stocks Throwing Off Dividends
• Negative Sentiment: GF Securities initiated coverage with a Hold rating, saying there is still not enough visibility on Qualcomm’s AI250 outlook, adding to caution around near-term upside. Qualcomm Slips 2% After GF Securities Starts Coverage With Hold Rating
• Negative Sentiment: KeyCorp lowered earnings estimates across multiple future periods, including FY2026 and FY2027, signaling some concern about Qualcomm’s profit trajectory. Qualcomm Incorporated stock page

Qualcomm Company Profile

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.