Qualcomm is betting on automotive growth and data centers as smartphone weakness weighs on its chip sales.
Qualcomm headed into Wednesday's earnings report with smartphone weakness weighing on chip sales and bets on automotive growth and data centers. It then issued a disappointing forecast as a memory shortage weighed on smartphone sales.
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Reuters posted twice that Huawei agrees to a multi-year patent licensing deal with Qualcomm. A separate Nikkei Asia post framed it as Qualcomm paying Huawei for the first time in a 5G and AI patent breakthrough.
A US stock market update lists September 25 gains of 0.93% for the Dow, 0.51% for the S&P 500, 0.48% for the Nasdaq and 0.07% for the Russell 2000.
Reuters posted twice that Huawei agrees to a multi-year patent licensing deal with Qualcomm. A separate Nikkei Asia post framed it as Qualcomm paying Huawei for the first time in a 5G and AI patent breakthrough.
A US stock market update lists September 25 gains of 0.93% for the Dow, 0.51% for the S&P 500, 0.48% for the Nasdaq and 0.07% for the Russell 2000.
@barronsonlineQualcomm reports earnings Wednesday as smartphone weakness weighs on chip sales and the company bets on automotive growth and data centers. https://www.barrons.com/articles/qualcomm-earnings-stock-price-e0d72311?mod=bol-social-tw
@TMA_MarketIntelQUALCOMM $QCOM Q4 2026 EARNINGS: AUTOMOTIVE SURGES 89%, BUT HANDSET REVENUE FALLS 26% 📊 Q4 EARNINGS 🟢 Revenue: $10.44B vs. $10.11B expected, -7% YoY 🟢 Adjusted EPS: $2.17 vs. $2.16 expected, -28% YoY GAAP EPS: $1.17 Revenue beat estimates by 3.3%. Q1 GUIDANCE Revenue: $10.4B-$11.2B vs. $10.48B expected Non-GAAP EPS: $2.15-$2.35 vs. $2.27 expected GAAP EPS: $1.03-$1.23 Revenue midpoint of $10.8B exceeds consensus, while EPS midpoint is slightly below expectations. SEGMENT PERFORMANCE 🟢 QCT Revenue: $9.02B vs. $8.74B expected, -8% YoY 🔴 Handsets: $5.14B vs. $5.22B expected, -26% YoY 🟢 Automotive: $1.99B vs. $1.71B expected, +89% YoY 🟢 IoT: $1.89B vs. $1.82B expected, +4% YoY QTL Licensing: $1.30B, -7% YoY AI & STRATEGIC DEVELOPMENTS Qualcomm announced a multigenerational product collaboration with Amazon for AI data centers. Automotive revenue nearly doubled, demonstrating growing diversification beyond smartphones. THE BIG PICTURE Revenue declined 7% despite beating expectations. Adjusted EPS declined 28% YoY. Handset revenue contracted 26%, highlighting persistent smartphone weakness. Automotive revenue surged 89%, becoming a major growth driver. IoT returned modest 4% growth. AI data center collaboration introduces another potential long-term growth opportunity. TMA TAKE Qualcomm's diversification is accelerating, led by automotive and AI infrastructure. However, declining handset revenue and earnings remain significant headwinds. Automotive growth is the standout catalyst. #QCOM #Qualcomm #Earnings #Semiconductors #AI
@itsinsightioQualcomm Q4 earnings 📉 -3.0% AH Revenue: ✅ $10.3B (Est: $10.1B) EPS: ✅ $2.17 (Est: $2.16) Key Highlights: • Renewed long-term QTL license agreements with Apple, Huawei and Transsion • Record QCT Automotive revenue of $2.0B, up 89% YoY • Reiterated FY2027 Data Center revenue target of $5B $QCOM@barronsonlineQualcomm reports earnings Wednesday as smartphone weakness weighs on chip sales and the company bets on automotive growth and data centers. https://www.barrons.com/articles/qualcomm-earnings-stock-price-e0d72311?mod=bol-social-tw@TMA_MarketIntelQUALCOMM $QCOM Q4 2026 EARNINGS: AUTOMOTIVE SURGES 89%, BUT HANDSET REVENUE FALLS 26% 📊 Q4 EARNINGS 🟢 Revenue: $10.44B vs. $10.11B expected, -7% YoY 🟢 Adjusted EPS: $2.17 vs. $2.16 expected, -28% YoY GAAP EPS: $1.17 Revenue beat estimates by 3.3%. Q1 GUIDANCE Revenue: $10.4B-$11.2B vs. $10.48B expected Non-GAAP EPS: $2.15-$2.35 vs. $2.27 expected GAAP EPS: $1.03-$1.23 Revenue midpoint of $10.8B exceeds consensus, while EPS midpoint is slightly below expectations. SEGMENT PERFORMANCE 🟢 QCT Revenue: $9.02B vs. $8.74B expected, -8% YoY 🔴 Handsets: $5.14B vs. $5.22B expected, -26% YoY 🟢 Automotive: $1.99B vs. $1.71B expected, +89% YoY 🟢 IoT: $1.89B vs. $1.82B expected, +4% YoY QTL Licensing: $1.30B, -7% YoY AI & STRATEGIC DEVELOPMENTS Qualcomm announced a multigenerational product collaboration with Amazon for AI data centers. Automotive revenue nearly doubled, demonstrating growing diversification beyond smartphones. THE BIG PICTURE Revenue declined 7% despite beating expectations. Adjusted EPS declined 28% YoY. Handset revenue contracted 26%, highlighting persistent smartphone weakness. Automotive revenue surged 89%, becoming a major growth driver. IoT returned modest 4% growth. AI data center collaboration introduces another potential long-term growth opportunity. TMA TAKE Qualcomm's diversification is accelerating, led by automotive and AI infrastructure. However, declining handset revenue and earnings remain significant headwinds. Automotive growth is the standout catalyst. #QCOM #Qualcomm #Earnings #Semiconductors #AI@itsinsightioQualcomm Q4 earnings 📉 -3.0% AH Revenue: ✅ $10.3B (Est: $10.1B) EPS: ✅ $2.17 (Est: $2.16) Key Highlights: • Renewed long-term QTL license agreements with Apple, Huawei and Transsion • Record QCT Automotive revenue of $2.0B, up 89% YoY • Reiterated FY2027 Data Center revenue target of $5B $QCOM@barronsonlineQualcomm reports earnings Wednesday as smartphone weakness weighs on chip sales and the company bets on automotive growth and data centers. https://www.barrons.com/articles/qualcomm-earnings-stock-price-e0d72311?mod=bol-social-tw@TMA_MarketIntelQUALCOMM $QCOM Q4 2026 EARNINGS: AUTOMOTIVE SURGES 89%, BUT HANDSET REVENUE FALLS 26% 📊 Q4 EARNINGS 🟢 Revenue: $10.44B vs. $10.11B expected, -7% YoY 🟢 Adjusted EPS: $2.17 vs. $2.16 expected, -28% YoY GAAP EPS: $1.17 Revenue beat estimates by 3.3%. Q1 GUIDANCE Revenue: $10.4B-$11.2B vs. $10.48B expected Non-GAAP EPS: $2.15-$2.35 vs. $2.27 expected GAAP EPS: $1.03-$1.23 Revenue midpoint of $10.8B exceeds consensus, while EPS midpoint is slightly below expectations. SEGMENT PERFORMANCE 🟢 QCT Revenue: $9.02B vs. $8.74B expected, -8% YoY 🔴 Handsets: $5.14B vs. $5.22B expected, -26% YoY 🟢 Automotive: $1.99B vs. $1.71B expected, +89% YoY 🟢 IoT: $1.89B vs. $1.82B expected, +4% YoY QTL Licensing: $1.30B, -7% YoY AI & STRATEGIC DEVELOPMENTS Qualcomm announced a multigenerational product collaboration with Amazon for AI data centers. Automotive revenue nearly doubled, demonstrating growing diversification beyond smartphones. THE BIG PICTURE Revenue declined 7% despite beating expectations. Adjusted EPS declined 28% YoY. Handset revenue contracted 26%, highlighting persistent smartphone weakness. Automotive revenue surged 89%, becoming a major growth driver. IoT returned modest 4% growth. AI data center collaboration introduces another potential long-term growth opportunity. TMA TAKE Qualcomm's diversification is accelerating, led by automotive and AI infrastructure. However, declining handset revenue and earnings remain significant headwinds. Automotive growth is the standout catalyst. #QCOM #Qualcomm #Earnings #Semiconductors #AI@itsinsightioQualcomm Q4 earnings 📉 -3.0% AH Revenue: ✅ $10.3B (Est: $10.1B) EPS: ✅ $2.17 (Est: $2.16) Key Highlights: • Renewed long-term QTL license agreements with Apple, Huawei and Transsion • Record QCT Automotive revenue of $2.0B, up 89% YoY • Reiterated FY2027 Data Center revenue target of $5B $QCOM@barronsonlineQualcomm reports earnings Wednesday as smartphone weakness weighs on chip sales and the company bets on automotive growth and data centers. https://www.barrons.com/articles/qualcomm-earnings-stock-price-e0d72311?mod=bol-social-tw@TMA_MarketIntelQUALCOMM $QCOM Q4 2026 EARNINGS: AUTOMOTIVE SURGES 89%, BUT HANDSET REVENUE FALLS 26% 📊 Q4 EARNINGS 🟢 Revenue: $10.44B vs. $10.11B expected, -7% YoY 🟢 Adjusted EPS: $2.17 vs. $2.16 expected, -28% YoY GAAP EPS: $1.17 Revenue beat estimates by 3.3%. Q1 GUIDANCE Revenue: $10.4B-$11.2B vs. $10.48B expected Non-GAAP EPS: $2.15-$2.35 vs. $2.27 expected GAAP EPS: $1.03-$1.23 Revenue midpoint of $10.8B exceeds consensus, while EPS midpoint is slightly below expectations. SEGMENT PERFORMANCE 🟢 QCT Revenue: $9.02B vs. $8.74B expected, -8% YoY 🔴 Handsets: $5.14B vs. $5.22B expected, -26% YoY 🟢 Automotive: $1.99B vs. $1.71B expected, +89% YoY 🟢 IoT: $1.89B vs. $1.82B expected, +4% YoY QTL Licensing: $1.30B, -7% YoY AI & STRATEGIC DEVELOPMENTS Qualcomm announced a multigenerational product collaboration with Amazon for AI data centers. Automotive revenue nearly doubled, demonstrating growing diversification beyond smartphones. THE BIG PICTURE Revenue declined 7% despite beating expectations. Adjusted EPS declined 28% YoY. Handset revenue contracted 26%, highlighting persistent smartphone weakness. Automotive revenue surged 89%, becoming a major growth driver. IoT returned modest 4% growth. AI data center collaboration introduces another potential long-term growth opportunity. TMA TAKE Qualcomm's diversification is accelerating, led by automotive and AI infrastructure. However, declining handset revenue and earnings remain significant headwinds. Automotive growth is the standout catalyst. #QCOM #Qualcomm #Earnings #Semiconductors #AI@itsinsightioQualcomm Q4 earnings 📉 -3.0% AH Revenue: ✅ $10.3B (Est: $10.1B) EPS: ✅ $2.17 (Est: $2.16) Key Highlights: • Renewed long-term QTL license agreements with Apple, Huawei and Transsion • Record QCT Automotive revenue of $2.0B, up 89% YoY • Reiterated FY2027 Data Center revenue target of $5B $QCOM#3
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