Earnings · QCOM
QCOM

QCOM Earnings Preview

QUALCOMM Incorporated · Technology · $137B

14d until earnings

QCOM Earnings

Wednesday, Apr 29 2026
EPS Estimate
$2.56
$2.52 – $2.66
Revenue Estimate
$10.6B
Track Record
4/4 beats
Current Price
$132.84

Our Position

bearish · high

Qualcomm urged to address smartphone share loss

est. revisions stable (-0.1pp / 30d)

Smartphone market share losses threaten Qualcomm's core revenue, but partnerships in AR and reliance on ARM's ecosystem offer growth avenues beyond mobile phones.

Watch: Watch June analyst day for Volkswagen ramp and 2029 automotive revenue targets to assess diversification success.

Data Signal Summary

1 bullish
3 bearish
Insider selling cluster Put/call 2.5 (bearish skew) Analysts: bearish High confidence (0.85)

Prior Call Analysis

2025Q1

Management is confident and specific with strong use of quantitative data, moderate hedging, and a small number of avoided questions primarily around Huawei and modem contract renewals.

Hedging
0.15
Confidence
0.85
Avoided Qs
2
Huawei settlement specifics Modem business renewal details
Language shifts vs prior quarter:
  • Repeated emphasis on AI and edge computing as growth drivers
  • Strong quantitative specificity with revenues, growth rates, and design wins
  • Few cautious qualifiers but mostly confident tone
  • Two specific deflections on Huawei and modem renewal questions

Key Context

Analyst Consensus
bearish
Insider Activity
selling
Price Trend
mixed
1-Month Return
+0.1%
From 52w High
-29.3%
P/E Ratio
25.8
Est. Revisions (30d)
-0.8% 1up/2dn
Analyst Target (mean)
$155 $100–$200 +17%
Options P/C Ratio
2.53
Est. Dispersion
6% 27 analysts
Insider Cluster
strong sell
Fund Convergence
strong D.E. Shaw, Citadel, Appaloosa, Bridgewater, Two Sigma

Recent Activity

insider trades 163 transactions
Sell · PALKHIWALA AKASH J (Chief Operating Officer) ·2,500 shares ·$325,854
Sell · GRECH PATRICIA Y (Officer) ·581 shares ·$77,564
Other · Soci�t� G�n�rale S.A ·410,802 shares ·$64,117,976
Other · Soci�t� G�n�rale S.A ·120,846 shares ·$18,697,293
Other · Soci�t� G�n�rale S.A ·593,183 shares ·$94,600,824
158 more
Other · Soci�t� G�n�rale S.A ·546,664 shr ·$87,181,974
Other · Soci�t� G�n�rale S.A ·8,857 shr ·$1,382,311
Sell · GRECH PATRICIA Y ·85 shr ·$10,668
Award · TRICOIRE JEAN-PASCAL ·262 shr
Award · MCLAUGHLIN MARK D ·538 shr
Sell · PALKHIWALA AKASH J ·2,500 shr ·$330,815
Award · LIVERMORE ANN M ·2,563 shr
Award · ROSENFELD IRENE B ·2,563 shr
Award · FIELDS MARK F ·2,563 shr
Award · MILLER JAMIE S ·2,563 shr
Award · MCLAUGHLIN MARK D ·2,563 shr
Award · HENDERSON JEFFREY WILLIAM ·2,563 shr
Award · MYERS MARIE ELIZABETH ·2,563 shr
Award · KOLTER JEREMY Z ·2,563 shr
Award · TRICOIRE JEAN-PASCAL ·2,563 shr
Award · ACEVEDO SYLVIA ·2,563 shr
Other · Melqart Asset Management (UK) Ltd
Other · Soci�t� G�n�rale S.A ·74,449 shr ·$12,830,540
Other · Soci�t� G�n�rale S.A ·48,173 shr ·$8,484,228
Other · Soci�t� G�n�rale S.A ·28,489 shr ·$5,017,197
Other · Soci�t� G�n�rale S.A ·68,104 shr ·$12,208,323
Other · Soci�t� G�n�rale S.A ·19,512 shr ·$3,478,794
Other · Soci�t� G�n�rale S.A ·84,778 shr ·$15,383,815
Other · Soci�t� G�n�rale S.A ·536,365 shr ·$94,400,240
Other · Soci�t� G�n�rale S.A ·2,856 shr ·$502,656
Other · Soci�t� G�n�rale S.A ·10,971 shr ·$1,923,545
Other · Soci�t� G�n�rale S.A ·58,076 shr ·$10,148,200
Other · Soci�t� G�n�rale S.A ·2,623 shr ·$457,582
Other · Soci�t� G�n�rale S.A ·77 shr ·$13,480
Other · Soci�t� G�n�rale S.A ·9,059 shr ·$1,546,371
Other · Soci�t� G�n�rale S.A ·1,107 shr ·$186,308
Other · Soci�t� G�n�rale S.A ·469 shr ·$78,834
Other · Melqart Asset Management (UK) Ltd ·994 shr ·$163,761
Other · Soci�t� G�n�rale S.A ·73 shr ·$10,414
Other · Soci�t� G�n�rale S.A ·155 shr ·$22,149
Other · Soci�t� G�n�rale S.A ·1,842 shr ·$300,798
Other · Melqart Asset Management (UK) Ltd ·35,317 shr ·$5,795,519
Other · Soci�t� G�n�rale S.A ·14,721 shr ·$2,403,939
Other · Soci�t� G�n�rale S.A ·78,598 shr ·$13,056,699
Other · Soci�t� G�n�rale S.A ·103,777 shr ·$17,382,647
Other · Soci�t� G�n�rale S.A ·100,490 shr ·$16,586,879
Other · Soci�t� G�n�rale S.A ·44,079 shr ·$7,197,659
Other · Soci�t� G�n�rale S.A ·10,824 shr ·$1,804,902
Other · Soci�t� G�n�rale S.A ·29,439 shr ·$5,162,128
Other · Soci�t� G�n�rale S.A ·5,607 shr ·$990,364
Other · Soci�t� G�n�rale S.A ·6,822 shr ·$1,193,850
Other · Soci�t� G�n�rale S.A ·428 shr ·$74,463
Other · Soci�t� G�n�rale S.A ·257,715 shr ·$44,211,008
Other · Soci�t� G�n�rale S.A ·33,519 shr ·$5,728,061
Other · Soci�t� G�n�rale S.A ·22,272 shr ·$3,857,510
Other · Soci�t� G�n�rale S.A ·44,828 shr ·$8,056,488
Other · Melqart Asset Management (UK) Ltd ·1,137 shr ·$198,986
Other · Melqart Asset Management (UK) Ltd ·1,136 shr ·$202,719
Other · Soci�t� G�n�rale S.A ·46,407 shr ·$8,020,985
Other · Soci�t� G�n�rale S.A ·4,865 shr ·$879,202
Other · Soci�t� G�n�rale S.A ·8,957 shr ·$1,624,262
Other · Soci�t� G�n�rale S.A ·169,988 shr ·$30,126,973
Other · Melqart Asset Management (UK) Ltd ·136 shr ·$24,216
Other · Soci�t� G�n�rale S.A ·1,955 shr ·$355,321
Other · Soci�t� G�n�rale S.A ·29,156 shr ·$5,276,944
Other · Soci�t� G�n�rale S.A ·6,984 shr ·$1,310,757
Other · Melqart Asset Management (UK) Ltd ·95,199 shr ·$17,720,341
Other · Melqart Asset Management (UK) Ltd ·47,599 shr ·$9,331,783
Other · Soci�t� G�n�rale S.A ·14,647 shr ·$2,492,187
Other · Soci�t� G�n�rale S.A ·39,972 shr ·$6,796,439
Other · Soci�t� G�n�rale S.A ·23,709 shr ·$3,975,050
Other · Soci�t� G�n�rale S.A ·1,496 shr ·$249,413
Other · Soci�t� G�n�rale S.A ·20,128 shr ·$3,346,883
Other · Soci�t� G�n�rale S.A ·31,343 shr ·$5,086,655
Other · Soci�t� G�n�rale S.A ·60,432 shr ·$9,939,855
Other · Soci�t� G�n�rale S.A ·8,962 shr ·$1,462,329
Other · Soci�t� G�n�rale S.A ·2,805 shr ·$453,680
Other · Soci�t� G�n�rale S.A ·464 shr ·$75,065
Other · Soci�t� G�n�rale S.A ·31,860 shr ·$5,040,570
Other · Soci�t� G�n�rale S.A ·206,808 shr ·$34,259,813
Other · Soci�t� G�n�rale S.A ·168,006 shr ·$27,998,199
Other · Soci�t� G�n�rale S.A ·7,953 shr ·$1,315,903
Other · Soci�t� G�n�rale S.A ·621 shr ·$104,713
Other · Sona Asset Management (UK) LLP ·30,000 shr ·$5,051,400
Other · Soci�t� G�n�rale S.A ·2,349 shr ·$396,628
Other · Soci�t� G�n�rale S.A ·1,150 shr ·$192,337
Other · Soci�t� G�n�rale S.A ·100,488 shr ·$16,730,247
Other · Soci�t� G�n�rale S.A ·6,860 shr ·$1,133,958
Other · Soci�t� G�n�rale S.A ·315,390 shr ·$53,061,213
Other · Soci�t� G�n�rale S.A ·17,955 shr ·$3,035,472
Other · Soci�t� G�n�rale S.A ·19,558 shr ·$3,394,290
Other · Soci�t� G�n�rale S.A ·38,547 shr ·$6,689,831
Other · Soci�t� G�n�rale S.A ·23,209 shr ·$3,949,939
Other · Soci�t� G�n�rale S.A ·3,584 shr ·$604,656
Other · Soci�t� G�n�rale S.A ·833,781 shr ·$141,309,203
Other · Soci�t� G�n�rale S.A ·16,449 shr ·$2,759,813
Other · Soci�t� G�n�rale S.A ·28,414 shr ·$4,686,889
Other · Soci�t� G�n�rale S.A ·299,217 shr ·$48,419,294
Other · Soci�t� G�n�rale S.A ·31,120 shr ·$5,009,075
Other · Soci�t� G�n�rale S.A ·47,900 shr ·$7,750,220
Other · Soci�t� G�n�rale S.A ·894,640 shr ·$142,203,028
Other · Soci�t� G�n�rale S.A ·27,253 shr ·$4,322,870
Other · Soci�t� G�n�rale S.A ·22,513 shr ·$3,571,912
Other · Soci�t� G�n�rale S.A ·184,152 shr ·$29,440,380
Other · Soci�t� G�n�rale S.A ·86,909 shr ·$13,891,534
Other · Soci�t� G�n�rale S.A ·288 shr ·$45,296
Other · Soci�t� G�n�rale S.A ·10,412 shr ·$1,653,217
Other · Soci�t� G�n�rale S.A ·411 shr ·$63,565
Other · Soci�t� G�n�rale S.A ·6,262 shr ·$1,006,491
Other · Soci�t� G�n�rale S.A ·6,166 shr ·$991,492
Other · Soci�t� G�n�rale S.A ·438,774 shr ·$69,839,657
Other · Soci�t� G�n�rale S.A ·6,151 shr ·$979,546
Other · Soci�t� G�n�rale S.A ·13,243 shr ·$2,092,526
Other · Soci�t� G�n�rale S.A ·2,268 shr ·$359,341
Other · Soci�t� G�n�rale S.A ·176 shr ·$27,183
Other · Soci�t� G�n�rale S.A ·571,379 shr ·$89,466,523
Other · Soci�t� G�n�rale S.A ·237,163 shr ·$37,725,518
Other · Soci�t� G�n�rale S.A ·134,029 shr ·$21,147,095
Other · Soci�t� G�n�rale S.A ·13,654 shr ·$2,155,283
Other · Soci�t� G�n�rale S.A ·3,921 shr ·$613,989
Other · Soci�t� G�n�rale S.A ·2,922 shr ·$450,104
Other · Soci�t� G�n�rale S.A ·46,078 shr ·$7,049,473
Other · Soci�t� G�n�rale S.A ·27,195 shr ·$4,024,044
Other · Soci�t� G�n�rale S.A ·31,914 shr ·$4,709,229
Other · Soci�t� G�n�rale S.A ·150,144 shr ·$21,906,009
Other · Soci�t� G�n�rale S.A ·29,347 shr ·$4,279,966
Other · Soci�t� G�n�rale S.A ·1,461 shr ·$215,512
Other · Soci�t� G�n�rale S.A ·4,711 shr ·$694,919
Other · Soci�t� G�n�rale S.A ·40,536 shr ·$6,007,029
Other · Soci�t� G�n�rale S.A ·23,638 shr ·$3,698,165
Other · Soci�t� G�n�rale S.A ·20,658 shr ·$3,325,938
Other · Soci�t� G�n�rale S.A ·3,711 shr ·$601,478
Other · Soci�t� G�n�rale S.A ·50,673 shr ·$8,160,886
Other · Soci�t� G�n�rale S.A ·15,669 shr ·$2,489,804
Other · Soci�t� G�n�rale S.A ·23,422 shr ·$3,707,234
Other · Soci�t� G�n�rale S.A ·237 shr ·$37,531
Other · Soci�t� G�n�rale S.A ·11,308 shr ·$1,783,950
Other · Soci�t� G�n�rale S.A ·611,692 shr ·$96,983,766
Other · Soci�t� G�n�rale S.A ·21,107 shr ·$3,267,363
Other · Soci�t� G�n�rale S.A ·57,621 shr ·$8,824,656
Other · Soci�t� G�n�rale S.A ·11,211 shr ·$1,727,278
Other · Soci�t� G�n�rale S.A ·14,477 shr ·$2,233,222
Other · Soci�t� G�n�rale S.A ·3,870 shr ·$597,102
Other · Soci�t� G�n�rale S.A ·46,649 shr ·$7,342,086
Other · Soci�t� G�n�rale S.A ·613,606 shr ·$97,808,796
Other · Soci�t� G�n�rale S.A ·3,182 shr ·$540,144
Other · Soci�t� G�n�rale S.A ·101,894 shr ·$16,131,858
Other · Soci�t� G�n�rale S.A ·100 shr ·$13,692
Other · Soci�t� G�n�rale S.A ·261 shr ·$35,793
Other · Soci�t� G�n�rale S.A ·25,538 shr ·$4,175,207
Other · Soci�t� G�n�rale S.A ·44,172 shr ·$7,157,189
Other · Soci�t� G�n�rale S.A ·40,831 shr ·$6,508,053
Other · Soci�t� G�n�rale S.A ·4,920 shr ·$779,278
Other · Soci�t� G�n�rale S.A ·160,290 shr ·$25,412,376
Other · Soci�t� G�n�rale S.A ·92,733 shr ·$14,669,433
Other · Soci�t� G�n�rale S.A ·72,092 shr ·$11,225,445
Other · Soci�t� G�n�rale S.A ·386,154 shr ·$59,135,623
Other · Soci�t� G�n�rale S.A ·978,302 shr ·$147,948,611
Other · Soci�t� G�n�rale S.A ·1,050,053 shr ·$162,758,215
Other · Soci�t� G�n�rale S.A ·1,084 shr ·$165,362
Other · Soci�t� G�n�rale S.A ·5 shr ·$760
Other · Soci�t� G�n�rale S.A ·66,386 shr ·$10,301,779
Other · Soci�t� G�n�rale S.A ·602,237 shr ·$94,340,426
analyst ratings 2 ratings
Bernstein ·down →Market Perform 20d ago
Seaport Global ·down →Sell 30d ago
filing changes
MEDIUM Human Capital: Change in voluntary turnover rate.
HIGH Human Capital: Expanded Human Capital section with detailed metrics and programs.
transcript 5
4d ago
75d ago
167d ago

Explore more

full analysis → Our calls → Earnings calendar →

Other Upcoming Earnings

ASML ASML Earnings today NFLX NFLX Earnings tomorrow TSM TSM Earnings tomorrow RTX RTX Earnings 6d BA BA Earnings 7d
See all upcoming earnings →