Stock AnalizQualcomm (QCOM) earnings for the quarter ended September 2026: EPS beats estimates
Qualcomm reported results for the quarter ended September 2026 on November 4, 2026. Adjusted earnings per share came in at $2.17 against the analysts’ average forecast of $2.16, a beat of 0.5%.
Revenue for the quarter was $10.32 billion, down 8.4% from $11.27 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 4.7% on the first trading day after the report.
The last four quarters
Qualcomm has beaten the analysts’ EPS forecast in 3 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $2.17 | $2.16 | +0.5% | −8% | −4.7% |
| Jun 2026 | $2.21 | $2.23 | −0.7% | −4% | −6.9% |
| Mar 2026 | $2.65 | $2.56 | +3.3% | −3% | +19.7% |
| Dec 2025 | $3.50 | $3.40 | +2.9% | +5% | −7.4% |
What comes next
Analysts expect EPS of $2.26 for the next quarter on average and $9.59 for the fiscal year ending September 30, 2027.
The average analyst price target is $185.96, 8% above the current price of $172.47.
Valuation and score
Qualcomm scores 3.6 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 13.6, and its intrinsic value under moderate assumptions is about 22% above the current market value. Full Qualcomm analysis with 10 years of financials
Frequently asked questions
What was Qualcomm’s EPS for the quarter ended September 2026?
$2.17 adjusted per share, against an analyst consensus of $2.16.
How much revenue did Qualcomm report?
$10.32 billion, down 8.4% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.