QUALCOMM (NASDAQ:QCOM) Announces Earnings Results, Beats Expectations By $0.13 EPS

QUALCOMM (NASDAQ:QCOM) posted its quarterly earnings data on Wednesday. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13, Briefing.com reports. The company had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.69 EPS. QUALCOMM updated its Q1 2026 guidance to 3.300-3.500 EPS.

QUALCOMM Stock Performance

Shares of QUALCOMM stock traded down $2.31 during trading on Friday, hitting $170.89. 10,600,860 shares of the company’s stock traded hands, compared to its average volume of 8,755,858. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. QUALCOMM has a 1 year low of $120.80 and a 1 year high of $205.95. The stock has a market capitalization of $184.39 billion, a P/E ratio of 16.48, a PEG ratio of 2.59 and a beta of 1.26. The business has a 50-day simple moving average of $167.46 and a 200-day simple moving average of $157.89.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio is presently 34.33%.

Insiders Place Their Bets

In other QUALCOMM news, CAO Patricia Y. Grech sold 273 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $161.42, for a total transaction of $44,067.66. Following the transaction, the chief accounting officer owned 404 shares in the company, valued at approximately $65,213.68. This represents a 40.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Cristiano R. Amon sold 150,000 shares of QUALCOMM stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the sale, the chief executive officer owned 149,304 shares of the company’s stock, valued at $24,718,770.24. This represents a 50.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 163,169 shares of company stock worth $26,978,998 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On QUALCOMM

Several hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC boosted its stake in shares of QUALCOMM by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after buying an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in QUALCOMM by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after purchasing an additional 340 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of QUALCOMM by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after purchasing an additional 1,020 shares during the period. Main Street Financial Solutions LLC increased its position in shares of QUALCOMM by 6.1% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock valued at $920,000 after purchasing an additional 333 shares during the last quarter. Finally, Transamerica Financial Advisors LLC increased its holdings in QUALCOMM by 9.7% during the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock valued at $1,083,000 after buying an additional 603 shares during the last quarter. 74.35% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Susquehanna set a $210.00 price objective on shares of QUALCOMM in a research report on Thursday. Mizuho raised their price target on QUALCOMM from $185.00 to $200.00 and gave the stock an “outperform” rating in a research note on Thursday. Bank of America lifted their price objective on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Weiss Ratings upgraded shares of QUALCOMM from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Saturday, October 25th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $190.38.

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.