Qualcomm FY2026 EPS Estimate Decreased by Erste Group Bank

Key Points

• Erste Group Bank cut Qualcomm’s FY2026 EPS forecast to $7.71 from $7.91, below the $7.78 analyst consensus, and projected FY2027 EPS of $7.46.
• Qualcomm’s latest quarter included $2.21 EPS, slightly below expectations, while revenue of $9.95 billion exceeded estimates but declined 4% year over year.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and average price target of $203.63; Qualcomm also declared a quarterly dividend of $0.92 per share, yielding about 2.3% annually.

Qualcomm Incorporated (NASDAQ:QCOM - Free Report) - Equities research analysts at Erste Group Bank lowered their FY2026 earnings per share estimates for Qualcomm in a research note issued to investors on Wednesday, August 5th. Erste Group Bank analyst H. Engel now forecasts that the wireless technology company will earn $7.71 per share for the year, down from their prior estimate of $7.91. The consensus estimate for Qualcomm's current full-year earnings is $7.78 per share. Erste Group Bank also issued estimates for Qualcomm's FY2027 earnings at $7.46 EPS.

A number of other analysts have also weighed in on QCOM. Daiwa Securities Group upgraded shares of Qualcomm from a "neutral" rating to an "outperform" rating and set a $225.00 price objective on the stock in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $160.00 target price on shares of Qualcomm in a research report on Thursday, April 30th. Evercore set a $159.00 price target on shares of Qualcomm in a report on Thursday, July 30th. UBS Group cut their price target on Qualcomm from $190.00 to $170.00 and set a "neutral" rating on the stock in a research report on Thursday, July 30th. Finally, Zacks Research upgraded Qualcomm from a "strong sell" rating to a "hold" rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $203.63.

Qualcomm Stock Performance

QCOM opened at $162.17 on Tuesday. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. Qualcomm has a 12-month low of $121.99 and a 12-month high of $259.92. The firm has a 50 day moving average of $188.58 and a two-hundred day moving average of $167.59. The firm has a market capitalization of $170.32 billion, a PE ratio of 18.77, a P/E/G ratio of 15.41 and a beta of 1.65.

Qualcomm (NASDAQ:QCOM - Get Free Report) last released its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts' consensus estimates of $2.23 by ($0.02). The firm had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company's revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period last year, the firm earned $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS.

Institutional Trading of Qualcomm

A number of institutional investors have recently made changes to their positions in QCOM. JFS Wealth Advisors LLC boosted its stake in Qualcomm by 3.4% during the 2nd quarter. JFS Wealth Advisors LLC now owns 1,595 shares of the wireless technology company's stock worth $295,000 after purchasing an additional 53 shares during the last quarter. Wall Street Financial Group Inc. lifted its stake in shares of Qualcomm by 1.9% in the second quarter. Wall Street Financial Group Inc. now owns 3,050 shares of the wireless technology company's stock worth $564,000 after buying an additional 57 shares in the last quarter. Sunbeam Capital Management LLC boosted its position in Qualcomm by 3.7% during the second quarter. Sunbeam Capital Management LLC now owns 1,637 shares of the wireless technology company's stock worth $303,000 after acquiring an additional 58 shares during the last quarter. Basepoint Wealth LLC boosted its position in Qualcomm by 1.8% during the first quarter. Basepoint Wealth LLC now owns 3,333 shares of the wireless technology company's stock worth $429,000 after acquiring an additional 59 shares during the last quarter. Finally, Five Oceans Advisors grew its stake in Qualcomm by 3.3% during the 2nd quarter. Five Oceans Advisors now owns 1,827 shares of the wireless technology company's stock valued at $338,000 after acquiring an additional 59 shares in the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Heather S. Ace sold 3,200 shares of the business's stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the sale, the executive vice president directly owned 36,535 shares in the company, valued at $5,372,106.40. The trade was a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the business'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 completion of the sale, the executive vice president directly owned 23,184 shares of the company's stock, valued at approximately $4,191,899.04. The trade was a 9.73% decrease in their position. 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. In the last 90 days, insiders sold 9,029 shares of company stock valued at $1,583,195. 0.05% of the stock is owned by company insiders.

Qualcomm Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be paid a $0.92 dividend. This represents a $3.68 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, September 3rd. Qualcomm's payout ratio is currently 42.59%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source