Qualcomm (NASDAQ:QCOM – Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Wednesday, July 29th. Analysts expect Qualcomm to announce earnings of $2.22 per share and revenue of $9.6805 billion for the quarter. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Parties are encouraged to explore the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 4:45 PM ET.
Qualcomm (NASDAQ:QCOM – Get Free Report) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. The company had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business’s revenue was down 3.5% on a year-over-year basis. During the same period in the prior year, the business posted $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
QCOM opened at $166.97 on Monday. Qualcomm has a 12-month low of $121.99 and a 12-month high of $259.92. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The stock has a market capitalization of $175.99 billion, a PE ratio of 18.15, a P/E/G ratio of 4.96 and a beta of 1.63. The firm’s fifty day moving average price is $203.52 and its 200 day moving average price is $168.33.
Qualcomm Dividend Announcement
Insider Buying and Selling
In related news, CEO Cristiano R. Amon sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the transaction, the chief executive officer owned 197,568 shares in the company, valued at $35,562,240. The trade was a 4.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction on Tuesday, July 14th. The stock was sold at an average price of $180.81, for a total value of $452,025.00. Following the completion of the sale, the executive vice president directly owned 23,184 shares in the company, valued at $4,191,899.04. This represents a 9.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 21,721 shares of company stock worth $4,044,465. Company insiders own 0.05% of the company’s stock.
Institutional Investors Weigh In On Qualcomm
A number of hedge funds have recently made changes to their positions in QCOM. Caitong International Asset Management Co. Ltd grew its stake in shares of Qualcomm by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. bought a new position in Qualcomm in the 4th quarter valued at about $31,000. IFC & Insurance Marketing Inc. acquired a new position in Qualcomm during the 4th quarter valued at 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 bought a new stake in shares of Qualcomm during the 4th quarter worth about $58,000. Institutional investors own 74.35% of the company’s stock.
Trending Headlines about Qualcomm
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm is expanding its growth narrative with AI-chip deals and new partnerships, including ties with a major Apple rival, which could help diversify demand beyond smartphones.
- Positive Sentiment: New Snapdragon launches are expected to support Qualcomm’s AI, PC, and handset pipeline ahead of Q3 results, giving investors a potential catalyst if execution is strong.
- Neutral Sentiment: Wall Street is closely watching Qualcomm’s upcoming earnings and key operating metrics to gauge whether recent product momentum is translating into financial improvement.
- Negative Sentiment: Qualcomm’s double-digit chip price increases may reflect rising input costs, but they also raise the risk of customer pushback in already price-sensitive end markets. Article Title
- Negative Sentiment: Broader semiconductor stocks are under pressure from profit-taking, valuation concerns, and unwinding of leveraged AI trades, which is weighing on Qualcomm along with the rest of the sector.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the stock. Robert W. Baird set a $300.00 target price on shares of Qualcomm in a research note on Friday, May 1st. Roth Capital initiated coverage on Qualcomm in a report on Friday, May 8th. They issued a “buy” rating for the company. Dbs Bank raised Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. Bank of America lifted their target price on Qualcomm from $165.00 to $195.00 and gave the stock an “underperform” rating in a research report on Tuesday, June 23rd. Finally, Susquehanna upped their price target on Qualcomm from $160.00 to $190.00 and gave the company a “neutral” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-one have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $219.76.
Read Our Latest Stock Analysis on QCOM
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.
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