Qualcomm Earnings Preview: Revenue and EPS Expected to Decline

Qualcomm's Q3 FY26 earnings are expected to be released on Wednesday, July 29. Analysts predict revenue will fall 6.5% year-over-year to $9.69 billion and EPS will drop 19% to $2.24.

The company's stock has declined by 10% over the past month and is trading at $170.08. The average analyst price target is $221.23, indicating a potential upside of approximately 30% from current levels.

According to TipRanks' Options Tool, options traders are pricing in a significant move for QCOM stock following the report, with an implied move of 9.34% in either direction.