QUALCOMM INC/DE

Reported 2026-07-29

IN-LINE

51EarnIQ signal

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Confidence falling

Mild quarter-over-quarter shift

Qualcomm is successfully scaling its non-handset diversification strategy despite input cost pressures.

✓Guidance was none, with high specificity.
✓Management tone registered as confident (85/100).
✓EarnIQ detected 0 potential management deflections.

Headline–confidence gap

Mixed evidence

The headline and management signals do not point in one direction (confidence falling).

EPS: reported vs expected-2.8%$2.21 vs $2.27

Revenue: reported vs expected+0.9%$9.9B vs $9.9B

Guidance specificityHighChange not comparable

Market expectations supplied by Finnhub · Reported vs consensus estimate

We expect year-over-year growth in non-handset revenues, including Data Center, to accelerate from 24% in fiscal 2026 to greater than 60% in fiscal 2027.

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Guidance specificityPressure pointNarrative breakSource evidence

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