Qualcomm reported Q4 FY2026 earnings that beat Wall Street estimates with EPS of $2.17 and revenue of $10.32 billion. However, the stock fell 11% due to a soft profit outlook and a 26% year-over-year decline in handset revenue, which overshadowed record automotive sales and strong data center targets. Qualcomm expects Q1 FY2027 revenue above consensus but EPS below estimates, citing rising costs and handset market weakness. The company is raising prices to improve margins, with results expected in Q2, while investors watch for data center growth and margin stabilization.
Qualcomm shares dropped 11.85% to USD 152.67 on Pluang as of Nov 05, 2026 21:02 WIB, with 62% of orders selling. Arm Holdings fell 7.98% to USD 176.49, while Skyworks declined 3.32% to USD 80.17. The platform shows a strong sell sentiment for Qualcomm and mixed activity for the others.
Stocks surged following the Democrats' decisive midterm victory, with the Dow experiencing its best day in over a year and a half, boosted by falling oil prices. However, tech stocks faced pressure, notably Qualcomm, whose shares fell over 9% after m...
The VIX Volatility Index saw its largest one-day drop since April 2025, falling over 20% as Wall Street calmed after midterm elections. Qualcomm shares fell about 10% premarket due to mixed fiscal Q4 results and a Q1 earnings forecast slightly below ...
Qualcomm reported Q4 2026 revenue of $10.44 billion, beating expectations, but profitability and future guidance fell short, causing a pre-market stock drop of over 10%. The company saw sharp declines in handset revenues and margins, while automotive...
Qualcomm reported a 7% revenue decline to $10.4 billion, slightly beating analyst expectations despite facing challenges from higher memory costs and a 26% drop in handset revenue to $5.1 billion. The decline is driven by weak smartphone demand and t...
Qualcomm reported quarterly earnings that exceeded Wall Street expectations with adjusted EPS of $2.17 and revenue of $10.32 billion. However, the company issued a cautious forecast for the next quarter, expecting EPS between $2.15 and $2.35 and reve...
