Cantor Fitzgerald Lifts Earnings Estimates for QUALCOMM

QUALCOMM Incorporated (NASDAQ:QCOM) – Equities research analysts at Cantor Fitzgerald boosted their FY2026 earnings per share (EPS) estimates for shares of QUALCOMM in a note issued to investors on Thursday, November 6th. Cantor Fitzgerald analyst C. Muse now expects that the wireless technology company will earn $9.96 per share for the year, up from their previous forecast of $8.75. The consensus estimate for QUALCOMM’s current full-year earnings is $9.39 per share.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.13. The company had revenue of $11.27 billion for the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.QUALCOMM’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS.

Other analysts have also issued reports about the stock. Cowen reiterated a “buy” rating on shares of QUALCOMM in a research report on Thursday. Mizuho lifted their price objective on QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Weiss Ratings lowered QUALCOMM from a “buy (b-)” rating to a “hold (c)” rating in a research note on Friday. Bank of America raised their target price on QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Finally, Piper Sandler upped their price target on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $190.38.

QUALCOMM Stock Up 0.4%

QCOM opened at $171.57 on Monday. The company has a market capitalization of $183.75 billion, a P/E ratio of 16.54, a P/E/G ratio of 2.59 and a beta of 1.26. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The firm’s fifty day moving average price is $167.68 and its two-hundred day moving average price is $158.32. QUALCOMM has a fifty-two week low of $120.80 and a fifty-two week high of $205.95.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 4th. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.

Insider Transactions at QUALCOMM

In related news, CAO Neil Martin sold 791 shares of QUALCOMM stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the transaction, the chief accounting officer directly owned 1,106 shares of the company’s stock, valued at $171,230.92. The trade was a 41.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Heather S. Ace sold 1,600 shares of the stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $172.87, for a total transaction of $276,592.00. Following the sale, the insider directly owned 19,593 shares in the company, valued at approximately $3,387,041.91. This represents a 7.55% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 168,305 shares of company stock worth $27,858,392. 0.08% of the stock is owned by company insiders.

Hedge Funds Weigh In On QUALCOMM

A number of large investors have recently modified their holdings of QCOM. Guinness Asset Management LTD boosted its holdings in shares of QUALCOMM by 11.6% during the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock worth $8,824,000 after buying an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. lifted its position in shares of QUALCOMM by 18.6% during the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after acquiring an additional 3,524 shares during the period. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in QUALCOMM by 565.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 124,327 shares of the wireless technology company’s stock worth $19,098,000 after acquiring an additional 105,631 shares in the last quarter. PFG Advisors grew its holdings in QUALCOMM by 8.0% in the first quarter. PFG Advisors now owns 4,314 shares of the wireless technology company’s stock worth $663,000 after purchasing an additional 321 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in QUALCOMM by 12.3% in the first quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock valued at $203,904,000 after purchasing an additional 145,509 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

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.