Qualcomm (QCOM) Expected to Announce Quarterly Earnings on Wednesday

Qualcomm (NASDAQ:QCOM) is expected to be announcing its Q3 2026 results after the market closes on Wednesday, July 29th. Analysts expect Qualcomm to post earnings of $2.22 per share and revenue of $9.6825 billion for the quarter. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Individuals can check the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 4:45 PM ET.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the previous year, the company earned $2.85 EPS. On average, analysts expect Qualcomm to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Qualcomm Stock Performance

Shares of NASDAQ:QCOM opened at $173.50 on Wednesday. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. Qualcomm has a 12 month low of $121.99 and a 12 month high of $259.92. The company has a market capitalization of $182.87 billion, a price-to-earnings ratio of 18.86, a PEG ratio of 5.05 and a beta of 1.63. The firm’s 50-day moving average is $205.54 and its 200 day moving average is $168.38.

Qualcomm Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Zacks Research raised Qualcomm from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Argus set a $220.00 price objective on Qualcomm in a report on Friday, May 1st. Citigroup boosted their price objective on Qualcomm from $160.00 to $198.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Freedom Capital downgraded Qualcomm from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Robert W. Baird set a $300.00 target price on Qualcomm in a research note on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-one have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $219.76.

Insider Activity at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction that occurred 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 owned 39,735 shares in the company, valued at approximately $7,065,677.70. The trade was a 7.45% decrease in their ownership of the stock. 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 on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 21,721 shares of company stock worth $4,044,465. Insiders own 0.05% of the company’s stock.

Hedge Funds Weigh In On Qualcomm

Several institutional investors have recently made changes to their positions in the company. Compound Planning Inc. increased its holdings in Qualcomm by 34.2% during the fourth quarter. Compound Planning Inc. now owns 12,448 shares of the wireless technology company’s stock valued at $2,129,000 after buying an additional 3,174 shares during the period. Claris Financial LLC purchased a new stake in Qualcomm during the fourth quarter worth $249,000. Axxcess Wealth Management LLC boosted its position in Qualcomm by 33.1% during the 4th quarter. Axxcess Wealth Management LLC now owns 43,186 shares of the wireless technology company’s stock valued at $7,387,000 after acquiring an additional 10,734 shares in the last quarter. Birchwood Financial Partners Inc. bought a new stake in Qualcomm during the 4th quarter valued at $31,000. Finally, Corient Private Wealth LLC boosted its position in Qualcomm by 66.4% during the 4th quarter. Corient Private Wealth LLC now owns 804,481 shares of the wireless technology company’s stock valued at $137,606,000 after acquiring an additional 320,914 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

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.