FY2027 EPS Estimates for Qualcomm Lifted by Erste Group Bank

Qualcomm Incorporated (NASDAQ:QCOM) – Research analysts at Erste Group Bank raised their FY2027 earnings per share estimates for Qualcomm in a report released on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the wireless technology company will post earnings of $7.97 per share for the year, up from their prior forecast of $7.74. The consensus estimate for Qualcomm’s current full-year earnings is $7.96 per share.

Several other research firms also recently weighed in on QCOM. JPMorgan Chase & Co. lifted their target price on shares of Qualcomm from $160.00 to $265.00 and gave the company a “neutral” rating in a report on Friday, June 5th. Susquehanna upped their price target on Qualcomm from $160.00 to $190.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Guggenheim set a $200.00 price objective on Qualcomm in a research note on Monday, June 22nd. The Goldman Sachs Group started coverage on Qualcomm in a report on Thursday, June 25th. They issued a “neutral” rating on the stock. Finally, Argus set a $220.00 price objective on Qualcomm in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-one have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $221.31.

Qualcomm Stock Performance

Shares of QCOM stock opened at $170.61 on Friday. The firm’s 50 day moving average price is $208.57 and its 200-day moving average price is $168.40. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. Qualcomm has a one year low of $121.99 and a one year high of $259.92. The firm has a market cap of $179.82 billion, a P/E ratio of 18.54, a P/E/G ratio of 5.30 and a beta of 1.63.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. During the same period in the prior year, the business posted $2.85 EPS. The company’s revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS.

Institutional Trading of Qualcomm

Several institutional investors have recently modified their holdings of the stock. World Investment Advisors grew its position in Qualcomm by 14.3% in the 4th quarter. World Investment Advisors now owns 64,911 shares of the wireless technology company’s stock valued at $11,103,000 after buying an additional 8,130 shares during the last quarter. MUFG Securities EMEA plc raised its position in Qualcomm by 112.2% during the 4th quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company’s stock worth $7,524,000 after buying an additional 23,262 shares during the last quarter. Swedbank AB lifted its stake in shares of Qualcomm by 1.5% in the 4th quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company’s stock worth $262,291,000 after acquiring an additional 23,110 shares during the period. NBC Securities Inc. lifted its stake in shares of Qualcomm by 47.5% in the 4th quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock worth $3,197,000 after acquiring an additional 6,018 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Qualcomm by 5.7% in the fourth quarter. Sequoia Financial Advisors LLC now owns 143,690 shares of the wireless technology company’s stock valued at $24,578,000 after acquiring an additional 7,804 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling

In other news, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated 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 approximately $7,065,677.70. This trade represents a 7.45% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $180.00, for a total value of $1,800,000.00. Following the transaction, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This represents a 4.82% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 21,721 shares of company stock valued at $4,044,465. Company insiders own 0.05% of the company’s stock.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Erste Group Bank raised its FY2027 EPS estimate for Qualcomm to $7.97 from $7.74, slightly above the current consensus, which suggests at least one analyst sees earnings holding up better than expected. Qualcomm stock and analyst coverage
• Positive Sentiment: Reuters reported that Micron signed long-term agreements with Qualcomm and other automotive suppliers to secure memory and storage components for AI-enabled vehicles, a sign of ongoing automotive/AI design activity that could support future revenue. Reuters article on Micron and Qualcomm
• Neutral Sentiment: Qualcomm announced it will report fiscal Q3 2026 results on July 29, a near-term catalyst that could reset expectations but does not itself change fundamentals. Qualcomm earnings date announcement
• Negative Sentiment: KeyCorp cut EPS estimates across multiple future quarters and full years for Qualcomm, including FY2027 to $6.95 from $7.63, signaling slower expected profit growth and pressuring the stock. Qualcomm analyst estimates
• Negative Sentiment: Separate commentary highlighted a recent “short seller” controversy around an alleged Qualcomm-Anthropic partnership that was later found not to be real, which may have cooled some AI-related enthusiasm for the name. MSN article on QCOM stock slide

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.