Qualcomm reported slightly better-than-expected Q4 earnings but issued cautious guidance for Q1, projecting adjusted earnings below analyst estimates and revenue in line with expectations. The company's handset chip sales dropped 26%, missing estimates due to supply constraints despite price hikes. This weak outlook contributed to a 9% drop in Qualcomm's stock and a broader decline in chip stocks amid concerns over a potential slowdown in data center demand and rising memory costs. The situation highlights ongoing challenges in the semiconductor industry, with supply issues and regulatory fears impacting investor sentiment.
Qualcomm shares continue to face pressure, trading down 10.07% at USD 155.75 on Pluang. The stock's market cap stands at $184.94 billion, with a high sell order activity of 62%. These figures are current as of Nov 05, 2026 22:31 WIB.
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 rec...
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...
