Overview
- Qualcomm will release results after market close on February 4, with an earnings call scheduled for 1:45 p.m. Pacific time.
- Consensus forecasts call for adjusted EPS of $3.39 and revenue of $12.12 billion, versus company guidance of $11.8–$12.6 billion in revenue and $3.30–$3.50 in adjusted EPS.
- Shares recently traded at $151.59, down about 11% over the past year as investors weigh smartphone softness and component constraints.
- Analysts remain split, but the consensus rating is Moderate Buy with an average price target of $193.33, while recent notes trimmed targets to roughly $160–$225.
- Market watchers are tracking handset shipment pressures projected at roughly a 4% 2026 decline and Qualcomm’s push into automotive, IoT, and edge AI, including recent Volkswagen and Hyundai Mobis agreements and new robotics silicon.