QUALCOMM Incorporated (QCOM) reported second-quarter 2026 results with revenue of $10.6 billion (down 3.5% year-over-year) and diluted earnings per share of $6.88 (up 173.0% YoY). The company beat consensus EPS of $2.61 while coming in slightly below revenue expectations of $10.8 billion.
Cash flow and balance-sheet highlights include:
Overall, QUALCOMM (QCOM) delivered a materially higher net income and EPS versus the prior year and consensus, even as revenue and operating profit contracted year-over-year. The quarter shows stronger profitability metrics on a per-share basis alongside modest declines in top-line and operating performance.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
QUALCOMM Incorporated Insider Trading Activity
QUALCOMM Incorporated insiders have traded $QCOM stock on the open market 40 times in the past 6 months. Of those trades, 0 have been purchases and 40 have been sales.
Here’s a breakdown of recent trading of $QCOM stock by insiders over the last 6 months:
- AKASH J. PALKHIWALA (EVP, CFO & COO) has made 0 purchases and 27 sales selling 27,537 shares for an estimated $4,458,525.
- ALEXANDER H ROGERS (EVP, Pres QTL & Global Affairs) has made 0 purchases and 3 sales selling 15,917 shares for an estimated $2,833,330.
- ANN C CHAPLIN (EVP, GenCounsel&CorpSecretary) has made 0 purchases and 3 sales selling 7,180 shares for an estimated $1,278,237.
- HEATHER S ACE (EVP, Chief HR Officer) has made 0 purchases and 2 sales selling 4,800 shares for an estimated $714,992.
- PATRICIA Y GRECH (SVP, Chief Accounting Officer) has made 0 purchases and 5 sales selling 1,585 shares for an estimated $240,400.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
QUALCOMM Incorporated Hedge Fund Activity
We have seen 1,207 institutional investors add shares of QUALCOMM Incorporated stock to their portfolio, and 1,448 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 29,144,673 shares (-71.5%) from their portfolio in Q4 2025, for an estimated $4,985,196,316
- AMUNDI removed 4,745,574 shares (-37.5%) from their portfolio in Q4 2025, for an estimated $811,730,432
- WELLINGTON MANAGEMENT GROUP LLP added 4,290,622 shares (+34.5%) to their portfolio in Q4 2025, for an estimated $733,910,893
- BARCLAYS PLC removed 3,571,883 shares (-38.5%) from their portfolio in Q4 2025, for an estimated $610,970,587
- GEODE CAPITAL MANAGEMENT, LLC added 3,221,924 shares (+12.5%) to their portfolio in Q4 2025, for an estimated $551,110,100
- INVESCO LTD. added 2,771,490 shares (+28.1%) to their portfolio in Q4 2025, for an estimated $474,063,364
- PACER ADVISORS, INC. removed 2,629,330 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $449,746,896
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
QUALCOMM Incorporated Analyst Ratings
Wall Street analysts have issued reports on $QCOM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B of A Securities issued a "Buy" rating on 11/06/2025
- Rosenblatt issued a "Buy" rating on 11/06/2025
To track analyst ratings and price targets for QUALCOMM Incorporated, check out Quiver Quantitative's $QCOM forecast page.
QUALCOMM Incorporated Price Targets
Multiple analysts have issued price targets for $QCOM recently. We have seen 18 analysts offer price targets for $QCOM in the last 6 months, with a median target of $145.0.
Here are some recent targets:
- Tom O'Malley from Barclays set a target price of $130.0 on 04/22/2026
- Timothy Arcuri from UBS set a target price of $150.0 on 04/21/2026
- David O'Connor from BNP Paribas set a target price of $120.0 on 04/17/2026
- Samik Chatterjee from JP Morgan set a target price of $140.0 on 04/16/2026
- Stacy Rasgon from Bernstein set a target price of $140.0 on 03/26/2026
- Jay Goldberg from Seaport Global set a target price of $100.0 on 03/16/2026
- Aaron Rakers from Wells Fargo set a target price of $150.0 on 02/24/2026
