Qualcomm stock gains 2.89 percent with Q4 EPS guide at 2.05 to 2.25

Published on 09/25/2026 at 16:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Qualcomm stock enters September 25, 2026 with fiscal Q3 revenue of USD 9.9 billion and non-GAAP EPS of USD 2.21. Automotive revenue rose 61 percent year over year.

Fotorealistischer Nahaufnahme eines generischen ungebrandeten mobilen System-on-Chip-Prozessors auf einer Leiterplatte mit sichtbaren Kupferleiterbahnen und Lötstellen — Qualcomm US7475251036 zeigt fotorealistischen mobilen Prozessor auf dunkler moderner Leiterplatte mit Kupferleiterbahnen, Illustration mit AI erstellt.

Qualcomm (ISIN US7475251036) was trading at USD 199.88 on Nasdaq on September 25, 2026, up USD 5.62 or 2.89 percent from the prior close. The latest fiscal quarter delivered USD 9.9 billion in revenue and non-GAAP diluted EPS of USD 2.21, setting up a market debate between handset weakness and faster automotive growth.

Revenue falls as auto expands

According to StockTitan, Qualcomm's fiscal third quarter ended June 28, 2026, with revenue down 4 percent year over year. GAAP diluted EPS was USD 1.87, compared with USD 2.43 in the prior-year quarter, while non-GAAP diluted EPS fell 20 percent to USD 2.21.

The segment mix provides the sharper signal. QCT automotive revenue increased 61 percent year over year to USD 1.6 billion, and QCT Internet of Things revenue rose 9 percent to USD 1.8 billion, partly offsetting handset revenue of USD 5.1 billion, down 20 percent.

Q4 guidance sets the next test

Qualcomm guided fiscal Q4 2026 revenue to USD 9.7 billion to USD 10.5 billion and non-GAAP diluted EPS to USD 2.05 to USD 2.25, according to StockTitan. The range places execution in automotive, IoT and handset demand at the center of the next earnings discussion.

The next reporting checkpoint is listed as November 10, 2026 by CNN. That date gives investors a defined window to compare the guidance range with actual demand trends.

Consensus target sits above price

MarketBeat lists 38 analyst opinions with a consensus Hold rating and an average price target of USD 204.10 as of September 24, 2026. The target is USD 4.22 above Qualcomm's September 25 price, a modest comparison that leaves the next earnings report as the more immediate test of the valuation.

Qualcomm also completed its acquisition of Modular during the reported quarter, creating an open software foundation for generative and agentic artificial intelligence, according to StockTitan. The strategic move broadens the company story beyond smartphone chips, but the reported 20 percent handset revenue decline remains the clearest counterweight.

Stock trades above USD 199

Qualcomm stock was trading at USD 199.88 on Nasdaq on September 25, 2026, at 10:42 a.m. ET. The 52-week range was USD 121.99 to USD 259.92, while market capitalization stood at USD 209,874,000,000 and volume reached 4,879,330.35 shares.