Qualcomm (NASDAQ:QCOM) Releases Quarterly Earnings Results

Qualcomm (NASDAQ:QCOM) issued its quarterly earnings data on Wednesday. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.22 by ($0.01), FiscalAI reports. The company had revenue of $9.95 billion during the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. Qualcomm updated its Q4 2026 guidance to 2.050-2.250 EPS.

Qualcomm Price Performance

Shares of NASDAQ QCOM traded down $7.20 during midday trading on Wednesday, reaching $155.68. The company’s stock had a trading volume of 18,473,100 shares, compared to its average volume of 16,549,586. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The company has a market cap of $164.09 billion, a P/E ratio of 16.92, a P/E/G ratio of 5.05 and a beta of 1.63. The business’s 50 day moving average price is $202.20 and its two-hundred day moving average price is $168.13. Qualcomm has a fifty-two week low of $121.99 and a fifty-two week high of $259.92.

Qualcomm Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.4%. Qualcomm’s dividend payout ratio (DPR) is currently 40.00%.

Insider Buying and Selling

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction on Tuesday, July 14th. The stock was sold at an average price of $180.81, for a total transaction of $452,025.00. Following the transaction, the executive vice president owned 23,184 shares in the company, valued at $4,191,899.04. This trade represents a 9.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 21,721 shares of company stock worth $4,044,465. 0.05% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Qualcomm

Large investors have recently bought and sold shares of the company. Compound Planning Inc. raised its holdings in shares of Qualcomm by 34.2% during the 4th quarter. Compound Planning Inc. now owns 12,448 shares of the wireless technology company’s stock worth $2,129,000 after buying an additional 3,174 shares in the last quarter. Claris Financial LLC acquired a new stake in Qualcomm in the fourth quarter valued at about $249,000. Axxcess Wealth Management LLC boosted its stake in Qualcomm by 33.1% in the fourth quarter. Axxcess Wealth Management LLC now owns 43,186 shares of the wireless technology company’s stock valued at $7,387,000 after buying an additional 10,734 shares in the last quarter. Birchwood Financial Partners Inc. bought a new position in Qualcomm in the fourth quarter valued at about $31,000. Finally, Corient Private Wealth LLC grew its position in Qualcomm by 66.4% in the fourth 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 during the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the stock. DZ Bank raised shares of Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 target price for the company in a report on Friday, June 26th. Tigress Financial increased their price target on shares of Qualcomm from $270.00 to $280.00 and gave the company a “buy” rating in a report on Friday, May 8th. Roth Capital initiated coverage on shares of Qualcomm in a research report on Friday, May 8th. They set a “buy” rating for the company. Royal Bank Of Canada upped their target price on Qualcomm from $175.00 to $250.00 and gave the company a “sector perform” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a report on Wednesday, June 24th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $222.77.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm was named BMW Group’s lead compute-silicon provider for digital cockpits and advanced driver-assistance and automated-driving systems through the next decade. The agreement expands the potential for recurring automotive revenue through Qualcomm’s Snapdragon Digital Chassis portfolio. Qualcomm wins BMW chip supply deal
• Positive Sentiment: Qualcomm completed its all-stock acquisition of Modular, an AI-software company. Modular’s platform is intended to help developers deploy generative and agentic AI across different computing systems, strengthening Qualcomm’s push from edge devices into data-center and broader AI infrastructure markets. Qualcomm completes Modular acquisition
• Positive Sentiment: Recent coverage highlights expanded Samsung cooperation, AI initiatives and continued automotive growth as potential catalysts that could reduce Qualcomm’s reliance on smartphones. The company also recently declared a quarterly dividend of $0.92 per share. Qualcomm Samsung expansion and AI deals
• Neutral Sentiment: Qualcomm is scheduled to report fiscal third-quarter results after the market close. Options markets imply an unusually large post-earnings move of roughly 9%, reflecting significant uncertainty around guidance, smartphone demand and the pace of AI-related growth. Qualcomm stock could swing 9 percent
• Negative Sentiment: The stock has fallen sharply from its yearly high and is testing technical support ahead of earnings. Investors remain concerned that handset revenue declined 13% in the prior quarter, while the company’s AI and data-center expansion has yet to fully offset smartphone-related weakness. Qualcomm is down from its high
• Negative Sentiment: Broader market caution is adding pressure, with investors awaiting a Federal Reserve decision and monitoring turbulence in the memory-chip market. These macro concerns may make investors less willing to bid up semiconductor shares before Qualcomm provides its outlook.

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.