Qualcomm raises auto outlook to USD 7 billion. Qualcomm stock is valued at USD 185.3 billion

Published on 10/20/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Qualcomm lifted auto sales outlook to USD 7 billion in fiscal 2026. Qualcomm stock costs EUR 153.40 on October 20, 2026 at a USD 185.3 billion value.

Diversification and upcoming reporting date

Qualcomm raised its annualized automotive sales outlook to USD 7 billion on July 29, 2026.
Automotive revenue reached USD 1.6 billion with 61 percent year-over-year growth in fiscal third quarter 2026.
Qualcomm stock trades at EUR 153.40 at 11:50 a.m. CEST at Lang & Schwarz on October 20, 2026.

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Qualcomm (ISIN US7475251036) was trading at EUR 153.40 at Lang & Schwarz on October 20, 2026, while the chip designer's fiscal 2026 automotive outlook points to USD 7 billion in annualized sales. The company also expects fourth-quarter fiscal 2026 revenue of USD 9.7 billion to USD 10.5 billion, according to its Yahoo Finance transcript dated July 29, 2026.

Growth moves beyond handsets

Qualcomm's diversification case rests on automotive, industrial and data center products. In fiscal third quarter 2026, automotive revenue reached USD 1.6 billion, up 61 percent from the prior-year period, while QCT non-handset revenue grew 28 percent year over year, according to the same Yahoo Finance transcript.

The counterweight is the handset business. Qualcomm said its share of upcoming Apple product launches would be materially below its earlier estimate of 20 percent, while higher memory and wafer costs were pressuring QCT margins in fiscal third quarter 2026.

Three milestones shaped the story

On June 24, 2026, Qualcomm's Investor Day set a fiscal 2029 non-handset revenue target of USD 40 billion, as reported in TradingView. On July 29, 2026, the company reported fiscal third-quarter revenue of USD 9.9 billion and non-GAAP earnings per share of USD 2.21 through Yahoo Finance. On October 14, 2026, Qualcomm said a jury found Arm breached its license agreement, according to Finanznachrichten.

What matters for the November report?

The central test is whether non-handset growth can offset weaker handset economics. Qualcomm guided fiscal fourth-quarter non-GAAP earnings per share to USD 2.05 to USD 2.25, while automotive revenue is expected to grow about 60 percent year over year, according to Yahoo Finance. The planned data center ramp adds potential, but its first custom silicon revenue is expected in the December quarter.

November 4 reporting date

MarketBeat lists November 4, 2026 as the estimated date for Qualcomm's fiscal fourth-quarter results, with the conference call scheduled for 4:45 p.m. ET.

Stock price and valuation

Qualcomm's primary listing is Nasdaq, where the stock's October 19, 2026 close was USD 173.53. The current market capitalization is USD 185.3 billion, and the 52-week range is USD 121.99 to USD 259.92. The euro quote places the German investor's reference point below the company's yearly high, while the upcoming report will test whether automotive and data center expansion can compensate for handset pressure.

Qualcomm was trading at EUR 153.40 at Lang & Schwarz on October 20, 2026 at 11:50 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Qualcomm stock.