In the latest trading session, Qualcomm (QCOM) closed at $157.46, marking a -1.02% move from the previous day. This change lagged the S&P 500's daily loss of 0.33%. Meanwhile, the Dow lost 0.63%, and the Nasdaq, a tech-heavy index, lost 0.22%.
The stock of chipmaker has risen by 0.25% in the past month, lagging the Computer and Technology sector's gain of 5.24% and the S&P 500's gain of 4.07%.
The upcoming earnings release of Qualcomm will be of great interest to investors. The company's earnings report is expected on July 30, 2025. In that report, analysts expect Qualcomm to post earnings of $2.68 per share. This would mark year-over-year growth of 15.02%. At the same time, our most recent consensus estimate is projecting a revenue of $10.35 billion, reflecting a 10.24% rise from the equivalent quarter last year.
QCOM's full-year Zacks Consensus Estimates are calling for earnings of $11.71 per share and revenue of $43.54 billion. These results would represent year-over-year changes of +14.58% and +11.76%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Qualcomm. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, Qualcomm boasts a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Qualcomm has a Forward P/E ratio of 13.59 right now. This denotes a discount relative to the industry average Forward P/E of 28.55.
We can additionally observe that QCOM currently boasts a PEG ratio of 1.66. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Electronics - Semiconductors industry currently had an average PEG ratio of 1.62 as of yesterday's close.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 87, this industry ranks in the top 36% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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QUALCOMM Incorporated (QCOM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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