{"symbol":"QCOM","fiscalQuarter":"Q3-2026","reportDate":"2026-07-29","reportTime":"AMC","status":"upcoming","company":{"name":"QUALCOMM Incorporated","sector":"Information Technology","industry":"Semiconductors"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/QCOM/earnings/Q3-2026","preBrief":{"companySnapshot":"QUALCOMM Incorporated (QCOM) is a leading semiconductor company that designs and manufactures chips for mobile devices and other technologies. As a key player in the Information Technology sector, its products are crucial for the growing demand in areas like 5G connectivity and the Internet of Things (IoT).","keyMetrics":[{"name":"EPS","why":"Earnings per share is a critical measure of profitability and will indicate how well the company is managing costs and generating revenue.","consensus":"N/A"},{"name":"Revenue Growth","why":"Revenue growth reflects the company's ability to expand its market share and adapt to changing technology demands.","consensus":"N/A"},{"name":"5G Chip Sales","why":"Sales of 5G chips are vital as they represent a significant growth area for Qualcomm and indicate future revenue potential.","consensus":"N/A"}],"lastQuarterRecap":{"summary":"In Q2 2026, Qualcomm reported an EPS of $2.65, significantly exceeding expectations by nearly 40%. The stock reacted positively, gaining 4% the following day.","promises":["Continued investment in 5G technology.","Focus on expanding IoT product lines.","Commitment to improving operational efficiency."]},"wallStreetExpectations":{"summary":"Analysts are cautiously optimistic about Qualcomm's upcoming earnings, especially given its strong performance in previous quarters. However, uncertainty remains regarding revenue growth in the competitive semiconductor market.","bullCase":"If Qualcomm continues to exceed EPS expectations and shows strong growth in 5G chip sales, it could lead to significant stock appreciation.","bearCase":"Conversely, if the company fails to meet revenue expectations or shows signs of slowing growth, it could lead to a sharp decline in stock price."},"optionsSignal":{"impliedMove":"17.14%","context":"The options market is pricing in a significant potential move, indicating that investors expect volatility around the earnings announcement."},"earningsTrackRecord":[{"quarter":"Q2-2026","epsSurprise":"+39.84%","reaction":"+4.00%"},{"quarter":"Q1-2026","epsSurprise":"+24.96%","reaction":"+1.16%"},{"quarter":"Q4-2025","epsSurprise":"+28.81%","reaction":"+3.98%"},{"quarter":"Q3-2025","epsSurprise":"+27.89%","reaction":"-1.86%"},{"quarter":"Q2-2025","epsSurprise":"+25.38%","reaction":"+1.08%"}],"pivotalQuestions":[{"question":"What will the EPS be for Q3-2026, and how does it compare to previous quarters?","whyItMatters":"Given Qualcomm's strong EPS performance in recent quarters, any deviation could significantly impact investor sentiment."},{"question":"How are 5G chip sales trending, and what guidance can be provided for future growth?","whyItMatters":"5G sales are crucial for Qualcomm's growth strategy, and insights here will help investors gauge future revenue potential."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $3.00 or higher with strong guidance on 5G chip sales would confirm the bull case.","bearTrigger":"An EPS below $2.50 or weak guidance on revenue growth would confirm the bear case.","context":"The market is weighing Qualcomm's ability to sustain growth in a competitive semiconductor landscape, particularly in 5G technology."},"scenarioPlaybook":{"beatAndRaise":"If Qualcomm beats expectations, history suggests the stock could rise by about 2.83%, confirming a strong growth trajectory.","inLineCautious":"If results are in line but management provides cautious commentary, the stock may see limited movement as investors reassess future growth.","miss":"A miss could lead to a decline, with historical data suggesting a potential drop of around 3.30%."},"whatTheStreetIsMissing":{"thesis":"The Street may underestimate Qualcomm's ability to capitalize on the 5G market, as recent industry trends suggest stronger demand than anticipated.","supportingPoints":["Qualcomm's consistent EPS beats indicate robust operational performance.","Options pricing suggests a larger move than historical averages, indicating investor uncertainty.","Recent trends in mobile technology adoption may not be fully reflected in current estimates."],"riskToConsensus":"If 5G chip sales exceed expectations, it could significantly alter the market's outlook on Qualcomm's growth potential."},"whatToListenFor":["Updates on 5G chip sales and market demand.","Any new partnerships or contracts that could drive revenue.","Management's outlook on operational efficiency improvements.","Trends in IoT product sales and their impact on overall revenue.","Guidance on future EPS expectations and revenue growth."],"metaDescription":"QUALCOMM (QCOM) reports Q3 2026 earnings July 29. Investors are watching for strong EPS and 5G chip sales guidance."}}