Qualcomm Inc

QCOM: XNAS (USA)

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Qualcomm Earnings: Data Center Optimism Overshadows Handset Weakness; Maintaining $155 Fair Value

Brian Colello

Apr 30, 2026

Qualcomm reported fiscal second-quarter revenue of $10.6 billion, down 3% year over year and at the midpoint of guidance. Qualcomm expects June-quarter revenue of $9.6 billion at the midpoint of guidance, down 7% year over year and below FactSet consensus estimates.

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Qualcomm Inc

Qualcomm Earnings: Data Center Optimism Overshadows Handset Weakness; Maintaining $155 Fair Value

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