FY2025 EPS Estimates for QUALCOMM Lifted by Zacks Research

QUALCOMM Incorporated (NASDAQ:QCOM - Free Report) - Analysts at Zacks Research increased their FY2025 EPS estimates for shares of QUALCOMM in a report issued on Tuesday, May 20th. Zacks Research analyst R. Department now anticipates that the wireless technology company will post earnings of $9.50 per share for the year, up from their previous estimate of $9.41. The consensus estimate for QUALCOMM's current full-year earnings is $9.39 per share. Zacks Research also issued estimates for QUALCOMM's Q4 2025 earnings at $2.20 EPS and Q3 2026 earnings at $2.63 EPS.

QUALCOMM (NASDAQ:QCOM - Get Free Report) last released its earnings results on Wednesday, April 30th. The wireless technology company reported $2.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.82 by $0.03. QUALCOMM had a return on equity of 39.51% and a net margin of 25.94%. The business had revenue of $10.98 billion for the quarter, compared to the consensus estimate of $10.58 billion. During the same quarter in the previous year, the business earned $2.44 earnings per share. QUALCOMM's quarterly revenue was up 17.0% on a year-over-year basis.

A number of other analysts have also recently commented on QCOM. Seaport Res Ptn upgraded shares of QUALCOMM to a "hold" rating in a research note on Friday, May 9th. Wells Fargo & Company lowered their price target on QUALCOMM from $175.00 to $140.00 and set an "underweight" rating on the stock in a research report on Thursday, May 1st. Loop Capital cut their price objective on QUALCOMM from $180.00 to $155.00 and set a "hold" rating for the company in a research report on Thursday, May 1st. JPMorgan Chase & Co. reissued an "overweight" rating and set a $185.00 target price on shares of QUALCOMM in a report on Tuesday, April 29th. Finally, Robert W. Baird dropped their price target on QUALCOMM from $250.00 to $216.00 and set an "outperform" rating on the stock in a research note on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, QUALCOMM presently has an average rating of "Hold" and a consensus price target of $192.08.

QUALCOMM Price Performance

NASDAQ:QCOM opened at $151.31 on Thursday. The stock has a market capitalization of $166.14 billion, a PE ratio of 16.17, a P/E/G ratio of 2.01 and a beta of 1.29. QUALCOMM has a 1-year low of $120.80 and a 1-year high of $230.63. The firm has a fifty day simple moving average of $145.89 and a 200 day simple moving average of $156.67. The company has a current ratio of 2.62, a quick ratio of 1.99 and a debt-to-equity ratio of 0.49.

Institutional Investors Weigh In On QUALCOMM

Several hedge funds and other institutional investors have recently made changes to their positions in QCOM. WFA Asset Management Corp acquired a new position in shares of QUALCOMM during the first quarter worth $27,000. Vermillion & White Wealth Management Group LLC increased its holdings in QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company's stock worth $26,000 after purchasing an additional 93 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in QUALCOMM in the fourth quarter valued at about $26,000. Banque Transatlantique SA bought a new position in QUALCOMM in the fourth quarter valued at about $26,000. Finally, Atlantic Edge Private Wealth Management LLC boosted its stake in shares of QUALCOMM by 70.0% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company's stock valued at $26,000 after purchasing an additional 70 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

Insider Activity

In other QUALCOMM news, CAO Neil Martin sold 744 shares of QUALCOMM stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $174.83, for a total value of $130,073.52. Following the transaction, the chief accounting officer now owns 461 shares in the company, valued at $80,596.63. The trade was a 61.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Akash J. Palkhiwala sold 269 shares of the stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $131.10, for a total transaction of $35,265.90. Following the completion of the transaction, the chief financial officer now directly owns 57,728 shares of the company's stock, valued at $7,568,140.80. This trade represents a 0.46% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,312 shares of company stock worth $1,948,379. 0.08% of the stock is currently owned by corporate insiders.

QUALCOMM Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th will be issued a $0.89 dividend. This is a positive change from QUALCOMM's previous quarterly dividend of $0.85. This represents a $3.56 annualized dividend and a yield of 2.35%. The ex-dividend date is Thursday, June 5th. QUALCOMM's dividend payout ratio (DPR) is currently 36.25%.

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.

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