Zacks Research Has Positive Outlook of QUALCOMM Q3 Earnings

QUALCOMM Incorporated (NASDAQ:QCOM) – Equities research analysts at Zacks Research boosted their Q3 2025 EPS estimates for QUALCOMM in a note issued to investors on Monday, March 17th. Zacks Research analyst R. Department now expects that the wireless technology company will post earnings of $2.08 per share for the quarter, up from their prior estimate of $2.07. The consensus estimate for QUALCOMM’s current full-year earnings is $9.39 per share. Zacks Research also issued estimates for QUALCOMM’s FY2025 earnings at $9.28 EPS, Q2 2026 earnings at $2.57 EPS, Q3 2026 earnings at $2.41 EPS, Q4 2026 earnings at $2.45 EPS, Q1 2027 earnings at $2.37 EPS and FY2027 earnings at $9.67 EPS.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, February 5th. The wireless technology company reported $2.86 earnings per share for the quarter, missing analysts’ consensus estimates of $2.93 by ($0.07). QUALCOMM had a net margin of 25.94% and a return on equity of 39.51%.

Several other equities analysts have also weighed in on QCOM. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $160.00 price objective on shares of QUALCOMM in a research note on Thursday, February 6th. Evercore ISI reduced their price target on shares of QUALCOMM from $199.00 to $179.00 and set an “in-line” rating on the stock in a research report on Thursday, February 6th. Melius assumed coverage on shares of QUALCOMM in a research note on Monday, December 9th. They set a “hold” rating and a $180.00 price objective for the company. Piper Sandler cut their target price on shares of QUALCOMM from $205.00 to $190.00 and set an “overweight” rating on the stock in a research note on Thursday, February 6th. Finally, Benchmark reaffirmed a “buy” rating and set a $240.00 price target on shares of QUALCOMM in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $205.32.

QUALCOMM Price Performance

QCOM stock opened at $157.95 on Wednesday. The company has a market cap of $174.69 billion, a PE ratio of 16.88, a price-to-earnings-growth ratio of 2.01 and a beta of 1.28. The company has a current ratio of 2.62, a quick ratio of 1.99 and a debt-to-equity ratio of 0.49. The stock has a 50-day moving average price of $164.52 and a two-hundred day moving average price of $164.10. QUALCOMM has a 12-month low of $149.43 and a 12-month high of $230.63.

QUALCOMM Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.85 dividend. The ex-dividend date is Thursday, March 6th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 2.15%. QUALCOMM’s dividend payout ratio (DPR) is 36.32%.

Insider Activity

In other QUALCOMM news, insider Alexander H. Rogers sold 19,287 shares of the firm’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $169.83, for a total value of $3,275,511.21. Following the transaction, the insider now owns 20,762 shares of the company’s stock, valued at $3,526,010.46. This trade represents a 48.16 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Akash J. Palkhiwala sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $169.80, for a total value of $509,400.00. Following the transaction, the chief financial officer now directly owns 63,115 shares of the company’s stock, valued at $10,716,927. This trade represents a 4.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,968 shares of company stock worth $4,685,077. 0.08% of the stock is currently owned by insiders.

Institutional Trading of QUALCOMM

Several hedge funds have recently made changes to their positions in the stock. GLOBALT Investments LLC GA increased its holdings in shares of QUALCOMM by 16.3% in the 3rd quarter. GLOBALT Investments LLC GA now owns 1,396 shares of the wireless technology company’s stock worth $237,000 after acquiring an additional 196 shares during the period. OneAscent Wealth Management LLC bought a new position in QUALCOMM in the 3rd quarter worth about $352,000. Caprock Group LLC increased its stake in shares of QUALCOMM by 7.7% in the third quarter. Caprock Group LLC now owns 33,407 shares of the wireless technology company’s stock valued at $5,681,000 after purchasing an additional 2,375 shares during the period. OneAscent Financial Services LLC bought a new stake in shares of QUALCOMM during the third quarter valued at approximately $422,000. Finally, Meeder Asset Management Inc. boosted its position in shares of QUALCOMM by 5.7% during the third quarter. Meeder Asset Management Inc. now owns 163,691 shares of the wireless technology company’s stock worth $27,836,000 after buying an additional 8,788 shares during the period. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Company Profile

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.