QCOM Earnings Predictions — 2026-07-29

Ticker Report or Guide KPI Prediction Answer Confidence
QCOM Report Total revenue (FY26 Q3) BEAT pred ~$9.78B vs. cons $9.64B MEDIUM
QCOM Report Non-GAAP diluted EPS (FY26 Q3) BEAT pred ~$2.31 vs. cons $2.22 MEDIUM
QCOM Report QCT handset revenue (FY26 Q3) IN-LINE pred ~$4.94B vs. cons $4.91B MEDIUM
QCOM Guide Total revenue (FY26 Q4) LOWER guide ~$10.00B vs. cons $10.25B (FY26 Q4) MEDIUM
QCOM Guide Non-GAAP diluted EPS (FY26 Q4) LOWER guide ~$2.31 vs. cons $2.43 (FY26 Q4) MEDIUM
QCOM Guide QCT handset revenue (FY26 Q4) LOWER guide ~$5.02B vs. cons $5.18B (FY26 Q4) MEDIUM
QCOM Guide QCT automotive revenue (FY26 Q4) UNCHANGED guide ~$1.55B vs. cons $1.55B (FY26 Q4) LOW
QCOM Return Day-1 residual (stock − beta × S&P 500) -5.5% MEDIUM
QCOM Return 5-day cumulative residual -7.5% (FOLLOW-THROUGH) A Q3 revenue/EPS beat of roughly $0.14B and $0.09 is likely overshadowed by implied FY26 Q4 revenue/EPS shortfalls of roughly $0.25B and $0.12. The out-period reset reflects Apple modem-share loss and a less-than-complete China handset recovery, prompting FY26/FY27 estimate cuts even if automotive execution remains solid. MEDIUM