Qualcomm (QCOM) Projected to Post Quarterly Earnings on Wednesday

Qualcomm (NASDAQ:QCOM) will likely be posting its Q2 2026 results after the market closes on Wednesday, April 29th. Analysts expect Qualcomm to post earnings of $2.58 per share and revenue of $10.5916 billion for the quarter. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Investors can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 4:45 PM ET.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. The business had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.41 earnings per share. On average, analysts expect Qualcomm to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Qualcomm Price Performance

Shares of QCOM opened at $148.85 on Monday. The stock has a market cap of $158.82 billion, a price-to-earnings ratio of 30.75 and a beta of 1.28. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. Qualcomm has a 12 month low of $121.99 and a 12 month high of $205.95. The company has a 50-day moving average price of $134.33 and a two-hundred day moving average price of $155.29.

Qualcomm Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, June 4th. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s payout ratio is currently 73.55%.

Qualcomm declared that its Board of Directors has initiated a share buyback program on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In related news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares in the company, valued at $2,245,841. The trade was a 16.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the transaction, the executive vice president directly owned 35,599 shares in the company, valued at approximately $4,900,202.35. This represents a 8.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,118 shares of company stock worth $1,233,705 over the last quarter. 0.05% of the stock is owned by company insiders.

Institutional Investors Weigh In On Qualcomm

Institutional investors and hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd lifted its stake in shares of Qualcomm by 17,000.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after acquiring an additional 170 shares during the period. Birchwood Financial Partners Inc. acquired a new stake in Qualcomm in the fourth quarter worth about $31,000. IFC & Insurance Marketing Inc. bought a new stake in Qualcomm during the 4th quarter worth about $38,000. Swiss RE Ltd. acquired a new position in Qualcomm during the 4th quarter valued at about $47,000. Finally, Litman Gregory Wealth Management LLC acquired a new position in Qualcomm during the 4th quarter valued at about $58,000. Institutional investors own 74.35% of the company’s stock.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Semiconductor sector rally lifted shares as the chip complex caught fire, driving a sharp intraday move higher. Qualcomm Stock Jumps 11% – Here’s Why It’s Still Down 13% in 2026
• Positive Sentiment: Unusually large options activity: roughly 120,444 call contracts were bought (about 165% above average), indicating strong bullish positioning that can amplify upside and intraday volume.
• Positive Sentiment: AI narrative supports longer-term upside: Qualcomm is highlighted as an “AI-at-the-edge” name that could benefit from AI-driven demand beyond smartphones. QUALCOMM Incorporated (QCOM): One of the AI Stocks That Could Break Trillion Dollar Barrier
• Neutral Sentiment: Barclays began coverage / issued a new rating — a headline catalyst that can move sentiment but whose net impact depends on the specifics of the view and any price target. Barclays Begins Coverage on Qualcomm (NASDAQ:QCOM)
• Neutral Sentiment: Analysts and investors are focused on key Q2 metrics and guidance ahead of the quarter-end/earnings window; Zacks summarizes what Wall Street is watching for in the upcoming report. Wall Street’s Insights Into Key Metrics Ahead of Qualcomm (QCOM) Q2 Earnings
• Negative Sentiment: Analyst downgrades and valuation concerns persist: recent notes highlighted weak smartphone demand, rising memory costs, and limited near-term catalysts for the handset business — factors that have pressured the stock YTD. A Look At Qualcomm (QCOM) Valuation As Analyst Downgrades Highlight Handset Weakness And Limited Near Term Catalysts
• Negative Sentiment: Peer comparison: some coverage contrasts Qualcomm with mobile-chip peers (e.g., Cirrus Logic), noting supply constraints and demand headwinds that could weigh on share gains if handset cycles remain weak. Cirrus Logic vs. Qualcomm: Which Mobile Chip Stock is the Better Buy?

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Wells Fargo & Company raised Qualcomm from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $135.00 to $185.00 in a research note on Tuesday, February 24th. Susquehanna lowered Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price objective for the company. in a research note on Thursday, February 5th. Bank of America initiated coverage on Qualcomm in a report on Tuesday, March 10th. They set an “underperform” rating and a $145.00 price objective for the company. Robert W. Baird set a $177.00 target price on shares of Qualcomm in a research note on Thursday, February 5th. Finally, Morgan Stanley assumed coverage on shares of Qualcomm in a report on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, thirteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Qualcomm presently has a consensus rating of “Hold” and a consensus target price of $158.25.

Qualcomm Company Profile

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.