QCOM Earnings Predictions — 2026-07-29

Ticker Report or Guide KPI Prediction Answer Confidence
QCOM Report Total Revenue (FQ3) BEAT pred ~$9.85B vs. cons $9.68B MEDIUM
QCOM Report Non-GAAP EPS (FQ3) BEAT pred ~$2.30 vs. cons $2.23 MEDIUM
QCOM Report QCT Automotive Revenue (FQ3) BEAT pred ~$1.55B vs. cons ~$1.45B MEDIUM
QCOM Guide FQ4 Revenue Guidance BETTER guide ~$10.15B vs. cons $10.035B (FQ4 2026) MEDIUM
QCOM Guide FQ4 Non-GAAP EPS Guidance LOWER guide ~$2.35 vs. cons $2.37 (FQ4 2026) LOW
QCOM Guide Automotive YoY Growth Commentary (FQ4) BETTER guide ~45% YoY vs. cons/prior ~35% implied (FQ4 2026) MEDIUM
QCOM Return Day-1 residual (stock − beta × S&P 500) +3.0% MEDIUM
QCOM Return 5-day cumulative residual +1.0% (FADE) Headline beat on revenue/EPS and automotive strength likely drives an initial pop given depressed expectations and strong beat history, but the FQ4 EPS guide coming in slightly below Street (Apple 20% modem-share step-down offsetting China Android recovery and elevated memory costs) forces analysts to trim out-quarter/FY27 EPS estimates even after the beat, capping follow-through; data-center monetization remains too early-stage to offset the handset margin/mix drag, so gains partially fade over the week as revision math catches down to the softer implicit FQ4/FY27 EPS trajectory. LOW