Cantor Fitzgerald Raises Earnings Estimates for QUALCOMM

QUALCOMM Incorporated (NASDAQ:QCOM) – Cantor Fitzgerald raised their FY2026 EPS estimates for QUALCOMM in a report issued on Thursday, November 6th. Cantor Fitzgerald analyst C. Muse now expects that the wireless technology company will post earnings per share of $9.96 for the year, up from their prior estimate of $8.75. The consensus estimate for QUALCOMM’s current full-year earnings is $9.39 per share.

QCOM has been the topic of a number of other research reports. Mizuho increased their price target on QUALCOMM from $185.00 to $200.00 and gave the stock an “outperform” rating in a research report on Thursday. Arete Research set a $200.00 target price on QUALCOMM in a report on Tuesday, August 26th. Piper Sandler boosted their price target on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday. JPMorgan Chase & Co. upped their price objective on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. Finally, Wells Fargo & Company raised their target price on shares of QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, QUALCOMM currently has a consensus rating of “Moderate Buy” and a consensus target price of $190.38.

QUALCOMM Stock Down 1.3%

NASDAQ QCOM opened at $170.89 on Monday. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The company has a market cap of $183.02 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 2.59 and a beta of 1.26. The company has a 50 day moving average of $167.46 and a 200-day moving average of $158.15. QUALCOMM has a 1-year low of $120.80 and a 1-year high of $205.95.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.13. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The business had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter in the previous year, the company earned $2.69 EPS. The business’s revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS.

QUALCOMM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a $0.89 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.1%. QUALCOMM’s dividend payout ratio is 72.80%.

Insider Activity at QUALCOMM

In related news, CAO Patricia Y. Grech sold 201 shares of QUALCOMM stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $170.00, for a total transaction of $34,170.00. Following the sale, the chief accounting officer directly owned 203 shares of the company’s stock, valued at approximately $34,510. The trade was a 49.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Akash J. Palkhiwala sold 8,335 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $166.06, for a total transaction of $1,384,110.10. Following the transaction, the chief financial officer owned 36,541 shares of the company’s stock, valued at approximately $6,067,998.46. This represents a 18.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 163,169 shares of company stock valued at $26,978,998. 0.08% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On QUALCOMM

Hedge funds have recently modified their holdings of the company. Vermillion & White Wealth Management Group LLC boosted its stake in shares of QUALCOMM by 122.4% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 93 shares in the last quarter. Harbor Capital Advisors Inc. raised its holdings in QUALCOMM by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after buying an additional 65 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in QUALCOMM during the 3rd quarter worth approximately $27,000. Chung Wu Investment Group LLC bought a new stake in QUALCOMM during the 2nd quarter worth approximately $32,000. Finally, Harbor Asset Planning Inc. bought a new stake in QUALCOMM during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

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.