Qualcomm (NASDAQ:QCOM) Posts Quarterly Earnings Results

Posted by Stanley Muller on Jul 29th, 2026

Qualcomm (NASDAQ:QCOM – Get Free Report) released its quarterly earnings results on Wednesday. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.22 by ($0.01), FiscalAI reports. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion.

Qualcomm Stock Down 4.4%

Shares of QCOM stock traded down $7.20 on Wednesday, hitting $155.68. The stock had a trading volume of 16,372,435 shares, compared to its average volume of 16,500,072. Qualcomm has a 12-month low of $121.99 and a 12-month high of $259.92. The business has a 50 day moving average of $202.20 and a 200 day moving average of $168.13. 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 cap of $164.09 billion, a price-to-earnings ratio of 16.92, a price-to-earnings-growth ratio of 5.05 and a beta of 1.63.

Qualcomm Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a $0.92 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.4%. Qualcomm’s dividend payout ratio is currently 40.00%.

Insiders Place Their Bets

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the transaction, the executive vice president owned 39,735 shares in the company, valued at $7,065,677.70. This represents a 7.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s 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 of the company’s stock, valued at $4,191,899.04. This represents a 9.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 21,721 shares of company stock valued at $4,044,465. 0.05% of the stock is owned by insiders.

Institutional Trading of Qualcomm

A number of hedge funds have recently bought and sold shares of QCOM. Brighton Jones LLC lifted its holdings in shares of Qualcomm by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after acquiring an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Qualcomm by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Qualcomm by 44.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after buying an additional 1,020 shares during the period. Main Street Financial Solutions LLC increased its position in shares of Qualcomm by 6.1% during the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock valued at $920,000 after buying an additional 333 shares during the period. Finally, Transamerica Financial Advisors LLC raised its holdings in Qualcomm by 9.7% in the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock worth $1,083,000 after purchasing an additional 603 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on QCOM shares. BNP Paribas Exane cut Qualcomm to a “neutral” rating in a report on Wednesday, April 29th. Lake Street Capital downgraded Qualcomm to a “hold” rating in a research note on Thursday, June 25th. Rosenblatt Securities raised their price target on Qualcomm from $190.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, June 25th. DZ Bank upgraded shares of Qualcomm from a “hold” rating to a “buy” rating and set a $265.00 target price on the stock in a research report on Friday, June 26th. Finally, Tigress Financial upped their target price on Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-one have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $222.77.

Check Out Our Latest Stock Analysis on Qualcomm

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Qualcomm was named BMW Group’s lead compute-silicon provider for digital cockpits and advanced driver-assistance and automated-driving systems through the next decade. The agreement expands the potential for recurring automotive revenue through Qualcomm’s Snapdragon Digital Chassis portfolio. Qualcomm wins BMW chip supply deal
Positive Sentiment: Qualcomm completed its all-stock acquisition of Modular, an AI-software company. Modular’s platform is intended to help developers deploy generative and agentic AI across different computing systems, strengthening Qualcomm’s push from edge devices into data-center and broader AI infrastructure markets. Qualcomm completes Modular acquisition
Positive Sentiment: Recent coverage highlights expanded Samsung cooperation, AI initiatives and continued automotive growth as potential catalysts that could reduce Qualcomm’s reliance on smartphones. The company also recently declared a quarterly dividend of $0.92 per share. Qualcomm Samsung expansion and AI deals
Neutral Sentiment: Qualcomm is scheduled to report fiscal third-quarter results after the market close. Options markets imply an unusually large post-earnings move of roughly 9%, reflecting significant uncertainty around guidance, smartphone demand and the pace of AI-related growth. Qualcomm stock could swing 9 percent
Negative Sentiment: The stock has fallen sharply from its yearly high and is testing technical support ahead of earnings. Investors remain concerned that handset revenue declined 13% in the prior quarter, while the company’s AI and data-center expansion has yet to fully offset smartphone-related weakness. Qualcomm is down from its high
Negative Sentiment: Broader market caution is adding pressure, with investors awaiting a Federal Reserve decision and monitoring turbulence in the memory-chip market. These macro concerns may make investors less willing to bid up semiconductor shares before Qualcomm provides its outlook.

About Qualcomm

(Get Free Report)

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.