Qualcomm cites Arm verdict as Qualcomm stock sits 31.00 percent below its high

Published on 10/19/2026 at 09:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Arm case centers on Qualcomm's Oryon CPUs and a license agreement. Qualcomm stock costs EUR 156.41 on October 19, 2026 before November 4 results.

Arm dispute and earnings date

Qualcomm said on October 13, 2026, that a jury found Arm breached its license agreement.
Fiscal third-quarter revenue reached USD 9.90 billion in the period ended June 28, 2026.
Qualcomm stock trades at EUR 156.41 at 9:35 a.m. CEST at Lang & Schwarz on October 19, 2026.
Arete cut its target from USD 314.00 to USD 305.00 on October 16, 2026.

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Qualcomm (ISIN US7475251036) is trading at EUR 156.41 at Lang & Schwarz on October 19, 2026 at 9:35 a.m. CEST. The immediate company catalyst is the Arm licensing dispute, while Qualcomm's next results are scheduled for November 4, 2026.

Arm verdict sets legal backdrop

Qualcomm said on October 13, 2026, that a jury found Arm breached its long-standing Architectural License Agreement and failed to honor its commitments. The company said the verdict supports its position as it develops Oryon central processing units for customers worldwide, according to Qualcomm.

The chronology now combines three measurable markers. On July 29, 2026, Qualcomm reported fiscal third-quarter revenue of USD 9.90 billion and fourth-quarter revenue guidance of USD 9.70 billion to USD 10.50 billion. On October 13, 2026, the company reported one jury verdict in its favor over Arm's license obligations. On October 16, 2026, Arete cut its Qualcomm target from USD 314.00 to USD 305.00, as reported by Yahoo Finance.

What does earnings add to the picture?

Qualcomm's fiscal third-quarter revenue was 4.00 percent below the year-earlier level, while non-GAAP earnings per share came in at USD 2.21. The same period included QCT revenue of USD 8.50 billion and automotive revenue of USD 1.60 billion, according to RaiseFX. The figures place the November report at the center of the next valuation test.

Next reporting date is November 4

Qualcomm's next earnings date is November 4, 2026, according to Simply Wall St. The date matters because fourth-quarter guidance spans USD 9.70 billion to USD 10.50 billion in revenue and USD 2.05 to USD 2.25 in non-GAAP earnings per share.

Stock enters the next test

Qualcomm's primary listing is Nasdaq, where its 52-week range was USD 121.99 to USD 259.92 as of October 14, 2026. The latest cited market capitalization was USD 180.70 billion on October 16, 2026. At Lang & Schwarz, the stock was trading at EUR 156.41 on October 19, 2026 at 9:35 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Qualcomm stock.