QCOM Earnings Predictions — 2026-07-29

Ticker Report or Guide KPI Prediction Answer Confidence
QCOM Report Revenue BEAT pred ~$9.79B vs. cons $9.67B MEDIUM
QCOM Report Non-GAAP EPS BEAT pred ~$2.27 vs. cons $2.22 MEDIUM
QCOM Report QCT handset revenue BEAT pred ~$4.96B vs. cons $4.90B LOW
QCOM Guide Revenue BETTER guide ~$10.20B vs. cons $10.08B (fiscal Q4 2026) MEDIUM
QCOM Guide Non-GAAP EPS LOWER guide ~$2.35 vs. cons $2.38 (fiscal Q4 2026) MEDIUM
QCOM Guide Data-center revenue target UNCHANGED guide ~$5.0B vs. cons $5.0B (fiscal 2027) MEDIUM
QCOM Guide Automotive exit revenue run rate UNCHANGED guide ~$6.0B vs. cons $6.0B (fiscal Q4 2026 annualized exit rate) MEDIUM
QCOM Return Day-1 residual (stock − beta × S&P 500) +3.0% MEDIUM
QCOM Return 5-day cumulative residual +0.8% (FADE) A modest Q3 beat and fiscal Q4 revenue guide of ~$10.20B versus $10.08B consensus should produce an initial relief move, but fiscal Q4 EPS guidance of ~$2.35 versus $2.38 consensus implies weaker mix and spending pressure. Apple-related estimate cuts and data-center investment should limit upward revisions, causing most of the day-1 gain to fade by day 5. MEDIUM