Qualcomm (QCOM)
NASDAQInformation TechnologySemiconductorsSnapshot 2026-07-07
$182.97-1.88%
Close 2026-07-07 · 1-day change
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Track QCOM free→Qualcomm leads in 5G and AI chips with strong EPS guidance near $2.2 next quarter. The company maintains a solid revenue base around $9.6 billion despite recent challenges. Its AI partnerships and M&A strategy support future growth. Profit margins and cash flow remain stable.
Revenue is expected to decline about 2% next year, showing weak demand. AI chip sales face execution risks and some deals are uncertain. The recent 27% stock drop signals market doubts on growth sustainability.
The market prices in about -2% revenue growth and a 31% discount to our fair value near $271. Our model is more optimistic than consensus, reflecting confidence in EPS guidance and AI growth, but the recent selloff shows investor caution.
Breaks if: Key AI partnerships fail or acquisitions do not close
Breaks if: EPS guidance falls below $2.1 for 2026 Q2
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Continue to maintain EPS guidance despite market challenges.
Stated in 2 of last 2 quarters. EPS guidance for 2026-Q2 is $2.10 - $2.30. Despite revenue decline, maintaining EPS guidance shows recurring focus, narrow delivery so far.
“Non-GAAP diluted EPS $2.10 - $2.30 for the quarter ending June 30, 2026.”
“Non-GAAP diluted EPS $2.45 - $2.65 for the quarter ending March 31, 2026.”
Breaks if: Profit margins decline significantly below recent levels
Breaks if: Revenue falls below $9.2 billion in 2026 Q2